The Savings Deposit Insurance Fund of Turkey (TMSF) is considering the initiation of a tender for the sale of pay-television platform Digitürk although the process has not been finalized.

Reuters and other local media reports have reported that TMSF and Çukurova’s are coordinating the plan for Digitürk and that they are looking at several alternatives, including the direct sale of the broadcaster or sale with a tender.

Asian satellite operator Asia Satellite Telecommunications Holdings (AsiaSat) reported a first half 2013 profit of HK$401 million (US$51.71 million), up 1.4 percent from HK$395 million (US$50.4 million) during the same period last year. The rise in profit despite a fall in revenues is mainly a result of the reduction in certain professional fees, coupled with careful management of expenditure.

Kohlberg Kravis Roberts & Co. L.P., a global investment firm, today announced the signing of a definitive agreement under which funds advised or controlled by KKR are acquiring a significant minority stake in RigNet from Cubera, an investment firm specializing in the Nordic private equity market.

Upon closing of the acquisition of 4.75 million shares, which is subject to customary approvals, KKR will become RigNet’s largest shareholder, holding a 27% stake in the company.

Rockwell Collins, Inc. is acquiring ARINC Inc., a communications engineering and information processing solutions company, for US$ 1.39 billion.

The transaction is seen to bring together two leading players in the growing field of aviation information management, combining ARINC’s trusted networks and services with the industry leading avionics and cabin technologies developed by Rockwell Collins, especially with the rapid “digitization” of airline communications.

Es’hailSat, the Qatar Satellite Company, and ARABSAT today announced the signing of a strategic partnership agreement to promote closer co-operation between the two companies and strengthen the reach and penetration of the 26 degrees East hot spot neighborhood for TV broadcasting.

Gilat Satellite Networks Ltd. today announced that it has entered into a definitive agreement to sell its Spacenet Inc.  subsidiary to Tulsa, Oklahoma-based SageNet. The aggregate consideration for the sale is approximately US $16 million, subject to certain post-closing adjustments and expenses.

This year's edition of Globecomm's Tech Forum 2013 focused on "Profiting on Disruptive Change" and examined new revenue opportunities, enhanced efficiencies, and reduced OPEX in mobile, media and entertainment, and the technologies that drive disruptive technologies.  The Tech Forum was held from August 4-6, 2013 at Globecomm Headquarters in Hauppauge, New York, USA.

Singapore Telecommunications Ltd. has decided not to sell its Optus Satellite division after reportedly failing to get an offer more than US$ 1.8 billion that the company was targeting.

In a statement, SingTel said that after a strategic review of its Optus Satellite business in March this year, the company is now committed to growing and investing in the satellite business.

Optus is the only telecommunication company to own and operate a fleet of satellites in Australia and has been providing premium satellite services across Australia and New Zealand for over 25 years.

Gilat Satellite Networks Ltd. reported on Wednesday lower revenues for the second quarter of 2013 at US$ 80.2 million, compared to US$ 82.8 million in the first quarter of 2013 and $85.3 in the second quarter of 2012.

WEST 2014 continues to take shape and is on track to be an outstanding success. Since WEST is the largest Sea Services event on the West Coast- with a focus on the Pacific region, a priority region for the DoD, significant participation from the Navy, and other services in the San Diego area is expected.

Confirmed Speakers include: