EL SEGUNDO, Calif., February 14, 2013—DirecTV reported on Thursday an increase in fourth quarter net income by 31% to $942 million mainly due to addition of 761,000 new subscribers mostly from Latin America.
Fairfield, Conn., February 13, 2013--GE announced today the sale of its remaining 49% common equity interest in its joint venture with Comcast, which includes NBCUniversal (NBCU), as well as the NBCU floors in 30 Rockefeller Center, for $18.1 billion.
Hauppauge, New York, February 7, 2013 — Globecomm Systems, Inc. reported a 3.2% decline in revenues to $160.9 million for fiscal 2013 six months ended December 31, 2012 compared to $166.2 million in the same period last year.
Englewood, Colo., February 6, 2013 — Liberty Global is set to acquire UK-based Virgin Media in a stock and cash merger valued at about US$ 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.