Hong Kong, Aug. 27, 2019 — Bowenvale Limited and Asia Satellite Telecommunications Holdings Limited (HKSE: 1135; 1135.HK jointly announced that the proposal for the privatisation of AsiaSat by way of a scheme of arrangement has been approved at the court meeting today.
Cheseaux-sur-Lausanne, Switzerland, Aug. 21, 2019 — The Kudelski Group (SIX: KUD.S), a provider of media content protection and value-added service technology, has reported a net loss of US$20.4 million, which included US$13.7 million of restructuring costs, during the first half of 2019.
Coverage of the launch of Spacecom's Amos-17 satellite by Spacex at Cape Canaveral Air Force Station, Florida, August 6, 2019 with Satellite Markets and Research Editor-in-Chief Virgil Labrador.
Hong Kong, Aug. 9, 2019 — Asia Satellite Telecommunications Holdings Limited (SEHK: 1135) announced today its revenue dropped 5% to US$88.39 million (HK$693 million) primarily due to non-renewal of certain customer contracts in mid-2018 and the continued pricing pressures from capacity oversupply in some key markets.
Carlsbad, Calif., Aug. 8, 2019 -- Viasat Inc. (NASDAQ: VSAT), reported strong first quarter fiscal year 2020 performance with a year-over-year revenue increase of 22%, net loss decrease of 66% and Adjusted EBITDA growth of 115% for the fiscal first quarter ended June 30, 2019.
Englewood, Colo., Aug. 8, 2019 -- Shares of EchoStar Corp. declined 7.3% following the company’s 2Q19 earnings release, reflecting disappointment with the company’s subpar EBITDA performance and one-time charges. Following the decline, shares of EchoStar are now trading at 4.9x the consensus 2020 EBITDA forecast, which represents a discount to both the stock’s long-term average and its closes peer group competitor Viasat.
Coverage of the launch of Spacecom's Amos-17 satellite by Spacex at Cape Canaveral Air Force Station, Florida, August 6, 2019 with Satellite Markets and Research Editor-in-Chief Virgil Labrador. Click here to view the video.
Palo Alto, Calif., Aug. 5, 2019 — Communications & Power Industries LLC (CPI) has entered into an agreement to purchase SATCOM Technologies, the antenna systems business of General Dynamics Mission Systems, Inc., a business unit of General Dynamics.
Nonthaburi, Thailand, Aug. 5, 2019 — Satellite operator Thaicom Public Company Limited (THCOM),announced its financial results for the second quarter ended 30 June 2019. Thaicom reported a decrease in net profit compared to the previous quarter and the same quarter of last year due to the recognition of several extra expenses.
Luxembourg, August 1, 2019 — Satellite operator Intelsat S.A. (NYSE: I), reported total revenue of US $ 509.4 million for the three months ended June 30, 2019. But it also posted a net loss of US$ 529.7 million because of a US$ 381.6 million asset impairment charge incurred in the second quarter of 2019 for the total loss of Intelsat 29e satellite in April this year.