News Analysis

Kymeta Closes US$ 50 Million Series C Financing

Redmond, Wash.,  July 9, 2013-- Start-up company Kymeta Corporation announced today that it has successfully closed a US$ 50 million Series C financing to accelerate the company’s growth plans. Kymeta, a privately held technology company, designs and manufactures satellite communication antennas and systems. Existing Kymeta investors including Bill Gates, Lux Capital and Liberty Global were joined in the financing by Osage University Partners and The Kresge Foundation.

SiriusXM Surpasses 25 Million Subscribers

New York, New York, July 9, 2013--Sirius XM Radio  today announced that it added 715,000 net new subscribers in the second quarter, bringing its total subscribers to more than 25 million.  Strong automotive sales helped drive 15% growth in net additions over the second quarter of 2012 and set a post-merger record for quarterly net subscriber additions. The company also announced that it was raising full-year guidance for total net subscriber additions to 1.5 million from its previous guidance of 1.4 million.

Mobile TV and Video Service Revenues to Approach US$10 billion by 2017

Hampshire, UK, July 8, 2013--A new study by Juniper Research investigating the Mobile TV & Video market has found that by 2017, revenues from streaming and download services on mobile and tablet devices will reach US$ 9.5 billion, up from US$ 4.5bn this year. This will be as a result of the maturation of the market for streaming subscription services and pay-per-title content, which will see new business models develop for smartphone and tablet users.

DirecTV Competing with Time Warner Cable and AT&T in Bid for Hulu

El Segundo, Calif., July 8, 2013 -- Three top pay-TV companies have emerged as the remaining serious contenders for online video service Hulu in a bidding completed on July 5 according to media reports.

Nav Canada adds $40 mil. Investment, Now Owns 18.7% of Aireon

Ottawa, Canada, July 2, 2013 — Nav Canada has invested an additional US$40 million in Aireon LLC, a joint venture with Iridium Communications Inc., increasing its ownership of Aireon to 18.7 percent on a fully diluted basis.

TV Everywhere Grows, but Content Rights Still Slowing the Market Down

Scottsdale, Ariz., June 28, 2013--Nearly one-third of US Telco TV households are expected to access multiscreen or TV Everywhere services by the end of 2013 – the vast majority of which already use advanced interactive features like remote programming a DVR, according to ABI Research. Cable is close behind due to its early lead, but the growth rate for these services is slower because of the greater diversity of cable households and services (not all service providers offer TVE). Satellite operators are further behind, due to slower starts and lack of in-house broadband services, but offer some novel experiences like Dish’s Sling place-shifting technology.

Latin America Operators Turn to Multiplay Packages and Bundles as Market Intensifies

Boston, Massachusetts, June 25, 2013- As the rate of economic growth accelerates and household incomes rise in Latin America, operators are expected to expand their multiplay and bundled offerings and increase efforts to upsell current customers to multi-service packages, according to a new report from Pyramid Research.

First Four O3b Satellites Successfully Launched

Kourou. French Guiana, June 25, 2013--O3b’s first four satellites were successfully launched aboard the Arianespace Soyuz launch vehicle on Tuesday marking the start of telecommunications and Internet services over Asia, Africa, South America, Australia and the Middle East that combine the global reach of satellite coverage with the speed of a fiber-optic network. 

CPI Acquires Power Amplifier maker MCL

Palo Alto, Calif., June 25, 2013 — CPI International, Inc. and its wholly owned subsidiary Communications & Power Industries LLC (CPI) have acquired MCL, Inc., a manufacturer of power amplifier products and systems for the satellite communications market and a wholly owned subsidiary of MITEQ, Inc.

O3b and HTS: Dawn of a New Era in Wireless Backhaul via Satellite

Cambridge, Mass., June 25, 2013--NSR's just released Wireless Backhaul via Satellite, 7th Edition report finds the industry at the cusp of an evolutionary step. The impending launch of O3b and global HTS program deployments are leading the industry to dramatic and long term change with a strong potential for industry revenue to hit $2.9 billion by 2022, growing more than three-fold from today’s $830+ million revenue base.