Englewood, Colo., February 6, 2013 — Liberty Global is set to acquire UK-based Virgin Media in a stock and cash merger valued at about US$ 23.3 billion creating one of the world’s leading broadband communications company covering 47 million homes and serving 25 million customers across 14 countries.
Carlsbad, Calif., Feb. 6, 2013--ViaSat Inc. announced financial results for the third quarter of fiscal year 2013. The fiscal third quarter results included new contract awards of US$ 265.7 million and another record revenues quarter of . Operating performance grew quarter over quarter reflecting Adjusted EBITDA of US $48.4 milllion and net income attributable to common stockholders of $0.04 per share on a non-GAAP diluted basis. On a diluted GAAP basis, reported a net loss attributable to common stockholders of $0.47 per share, which, as discussed below, reflects a one-time debt extinguishment expense of US$ 26.5 million or per share on a net of tax basis.
Ottawa, Canada, Feb. 4, 2013 — Espial® Group Inc. a provider of on-demand TV software and solutions, today announced that it has completed the previously announced acquisition of ANT plc ("ANT"). After initially entering into a co-operation agreement with ANT on Nov. 30, 2012, Espial has purchased all of the outstanding shares of ANT in exchange for all cash consideration of £0.205 per outstanding share. The acquisition values the issued ordinary share capital of ANT at approximately £5 million.
New York City, February 1, 2013--It is a bad time to sell satellite ground segment, aka a teleport. But it is a great time to sell a successful satellite services business with a teleport at its core. That paradox is the conclusion of Best Practices in Teleport Valuation, a newly published report from the World Teleport Association.
Miami, Florida. January 28, 2013--Today, leaders in the Latin American pay-TV industry are joining forces to create the Alianza Contra la Piratería de Televisión Paga (Alliance Against Pay-TV Piracy). The Alianza’s mission is to combat a form of piracy known in the industry as FTA piracy. FTA piracy involves the illegal use of “free-to-air” satellite receivers to decrypt pay television audiovisual signals, illegally and without authorization. The Alianza brings together most of the major players in the pay-TV industry and creates a framework for broader industry collaboration in the fight against FTA piracy.
Campbell, Calif., January 22, 2013—Market research firm Infonetics Research released excerpts from its new Multi-Screen TV Service Deployment Strategies: Global Service Provider Survey for which Infonetics interviewed pay TV operators about their plans for multi-screen video services and delivering live and file-based video content to subscribers with multiple devices.
New York City, January 22, 2013- Broadcast management software provider SintecMedia today announced the acquisition of Argo Systems, a provider of business solutions to the cable network and operators industry. This is SintecMedia's second acquisition in the North American market, complementing its recent purchase of StorerTV.
Englewood, Colo., January 18, 2013--In a quest that started four years ago, Liberty Media Corp. finally took control of Sirius XM Radio Inc. on Thursday after it bought additional 50 million common shares in the satellite radio company.
London, UK, Jan. 15, 2013-- Global Navigation Satellite System (GNSS), which started purely as a military application, has now widened to include all possible users - government agencies, industries, and even individuals. Frost & Sullivan analysis forecasts increasing prominence of Position, Navigation and Timing (PNT) data derived from Global Navigation Satellite System (GNSS) and associated Value Added Services (VAS) in the next 10 to 20 years.
Germantown, Md., January 14, 2013 - Hughes Network Systems today announced that it has shipped more than 487,000 broadband satellite terminals in 2012, the most ever in one year, bringing its cumulative number of satellite terminals shipped worldwide to more than 3.3 million.