News Analysis

Mclean, Va., Oct. 31, 2013 — Iridium Communications Inc. reported net income of US$ 16.6 million and third-quarter total revenue of $100.6 million, beating analysts’ expectations after the company’s commercial service revenue grew 9 percent.

Ottawa, Canada, October 31, 2013--Telesat Holdings Inc.  announced its financial results for the three and nine month periods ended 
September 30, 2013.   For the quarter ended September 30, 2013, Telesat reported consolidated  revenues of CDN$ 238 million, an increase of approximately 8% (CDN $18 million)  compared to the same period in 2012. Revenue growth was principally the result  of revenue earned on the Anik G1 satellite, which entered into commercial  service in May 2013, and the provision of short-term satellite services to another 
satellite service provider.

Mountain View, Calif., Oct. 24, 2013--Video consumption across non-traditional devices such as tablets, smartphones, PCs and connected PCs evolved exponentially into a global phenomenon that is not restricted to a geographic area or a limited number of service providers.  With cable TV service providers offering more applications and interactive content, the rising adoption of IP by broadcasters and video service providers, and the growing consolidation among operators, the global IP video network management market benefited greatly, forecasted to reach US$ 442.4 million in 2017, from US$ 217.8 million in 2012.

London, UK, October 24, 2013--Viacom (US$749 million) will reap the highest revenues of any international channel  group in Europe in 2013, according to a new report from Digital TV Research.  Covering 225 international channels/networks from 11 groups, the TV Channel  Revenues in Europe report estimates that Viacom will be followed by Eurosport (US$ 651 million) and Discovery (US $620 million). 

Ottawa, Canada,  October 16, 2013 – C-COM Satellite Systems Inc., a leading global provider of mobile auto-deploying satellite antenna systems, today announced financial results for its third quarter ending August 31, 2013.The company reported  a net profit of CDN $ 353,978 or 1.0 cent per share compared with results for the same period last year when there was a net profit of $65,625, or 0.2 cents per share. The working capital of the company increased by 27% to CDN $17,271,614 at August 31, 2013 compared to CDN $13,577,437 at August 31, 2012.

Washington, DC, Oct. 16, 2013 — The biggest U.S. media companies have asked the U.S. Supreme Court to rule Aereo Inc., which provides broadcast signals to online viewers, as an illegal operation. Petitioners to the suit include — Walt Disney Co., 21st Century Fox Inc., Comcast Corp. (CMCSA)’s NBCUniversal, CBS Corp. (CBS), Univision Communications Inc., the Public Broadcasting Service and station WNET, and Tribune Co. owned New York station WPIX — filed the petition on Friday with the court after litigation in lower courts failed to stop Aereo.

Rochelle Park, NJ – Oct. 10, 2013 – ORBCOMM Inc., a provider of Machine-to-Machine (M2M) solutions, and Savi Technology, a provider of sensor-based analytics and radio-frequency identification (RFID) solutions, today announced a strategic relationship to provide advanced location-based monitoring solutions to government and commercial markets.

Houston, TX, Oct. 9, 2013 — RigNet, Inc. has entered into a new credit agreement with Bank of America, N.A. for its business expansion.The new agreement gave RigNet a US$ 60 million term loan and a US$ 125 million revolving credit facility, which includes a US$15 million sublimit for the issuance of standby letters of credit.

Iroquois, Ontario, Canada, October 8, 2013 — Canadian video production technology company, Ross Video, has acquired MCP – Mobile Content Providers, a premium full service mobile sports production packager based in South Florida, USA.

London, UK, October 9, 2013--The number of TV sets connected to the Internet will reach 759 million by 2018 for 40 countries covered in the Connected TV Forecasts report, up from 115 million  at end-2010 and the 307 million expected at end-2013. This translates to 26.8% of 
global TV sets by 2018, up from only 5.1% at end-2010 and 12.4% by end-2013.