News Analysis

Carlsbad, Calif., May 20, 2014 –ViaSat’s fiscal year 2014 results reflected strong growth. Revenues increased 21% to US$ 1.4 billion and Adjusted EBITDA grew 35% to US$ 221.2 million compared to last year. Net income attributable to ViaSat common stockholders rose to US$ 0.44 per share on a non-GAAP diluted basis, or a loss of US$ 0.21 per share on a diluted GAAP basis - compared to fiscal year 2013 net income of US$ 0.02 and a loss of US$ 0.94 per share, respectively.

El Segundo, Calif., May 19, 2014--AT&T and DIRECTV announced that they have entered into a definitive agreement under which AT&T will acquire DIRECTV in a stock-and-cash transaction for US$ 95 per share based on AT&T’s Friday closing price. AT&T will also assume DIRECTV debt bringing the total transaction cost to US$ 67.1 Billion.

Paris, France, May 15, 2014 – Eutelsat Communications today reported revenues for the third quarter and nine months ended 31 March 31, 2014. Revenues for the first nine months were up by 2.5%, at constant currency excluding non-recurring and Satmex revenues. Third quarter revenues were up by 1.5%, and by 6% including Satmex, which was consolidated from January 1, 2014. The total order backlog stood at the  €5.8 billion.

Washington, D.C., May 14, 2014 - The Satellite Industry Association (SIA) today applauded  the publication of new regulations that reform the export controls for satellites and related items.  The U.S. Departments of State and Commerce each published rules that will transfer commercial communications satellites and some remote sensing satellites, along with tens of thousands of  associated parts, components, and ground terminals from the more restrictive U.S. Munitions  List to the Commerce Control List. 

Madrid, Spain, May 13, 2014- HISPASAT, the Spanish satellite telecommunications operator, today announced that is has completed an agreement with Intelsat, the world's lagest satellite operator, to jointly provide satellite services at the 55.5ºW orbital position for the Latin American market.

Covington, LA , May 8, 2014- Mobile satellite services operator Globalstar, Inc. reported a net loss of US$ 250.5 million for the first quarter of 2014, driven almost entirely from non-cash sources, compared to US$25.1 million for the first quarter of 2013.  Adjusted EBITDA was US$ 3.8 million for the first quarter of 2014 compared to $2.5 million in the first quarter of 2013, an increase of 54%.

Englewood, Colo., May 8, 2014-DISH Network Corporation today reported revenue totaling $3.59 billion for the quarter ending March 31, 2014, compared to $3.38 billion for the corresponding period in 2013.

Vancouver, British Columbia – May 7, 2014 — Norsat International Inc., a provider of innovative communication solutions that enable the transmission of data, audio and video for remote and challenging applications, today reported financial results for the first quarter ended March 31, 2014.   Total sales were US$ 9.1 million, compared to US$ 8.4 million in Q1 2013.

El Segundo, Calif., May 6, 2014--DIRECTV  today reported that first quarter 2014 revenues increased 4% to US$ 7.86 billion, adjusted operating profit before depreciation and amortization(OPBDA) increased 7% to US$ 2.22 billion, adjusted operating profit increased 7% to US$ 1.51 billion and adjusted diluted earnings per share improved 14% to $1.63 compared to last year’s first quarter.

Houston, Tex., May 6, 2014 – ITC Global, a provider of satellite communications to remote and harsh environments announced today that it completed a successful first quarter 2014, signing over US$ 30 million in new long-term service contracts.  The sales come from several new customers, as well as renewals and upgrades from existing clients. The first three months of the year also marked the successful deployment of 27 custom networks for clients across all three of the company’s primary markets – energy, mining, and maritime.