PLUS Products and Services MarketPlace Guide to IBC 2019, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more. Click here to read or download the file
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.