News Analysis

Atos to Acquire Siemens Convergence Creators

Bezons, France, November 20, 2017--Atos,has announced its intention to acquire Siemens Convergence Creators GmbH (CVC), a global multi-industry digital transformation solutions provider, headquartered in Vienna. With its highly skilled engineers and a total headcount of approximately 800 staff, CVC delivers software based solutions in the fields of communication networks, service and customer management, public safety and security, multimedia infotainment, as well as space technology.

Speedcast Completes UltiSat Acquisition

Sydney, Australia, Nov. 6, 2017--Speedcast International Limited (ASX: SDA) a provider of fully managed, remote communication and IT solutions, today announced it has completed the previously announced 100% acquisition of UltiSat in a cash transaction of up to US$ 100 million, payable over two years and subject to ongoing financial performance. The closing is effective as of November 1,  2017.

Eutelsat Acquires Noorsat

Amman, Jordan, October 13, 2017--Moving to consolidate its presence in the Middle East, Eutelsat has acquired Noorsat, one of the leading satellite service providers in the Middle East, from Bahrain’s Orbit Holding Group, in a deal valued at US$ 75 million (€63.4m).

The October 2017 issue of the Satellite Executive Briefing magazine

The October 2017  issue of  the  Satellite Executive Briefing magazine  focusing on Satellite Market Trends sponsored by Advantech Wireless is now available.  Featuring:

Satellite Market Trends by Elisabeth Tweedie

The Pursuit of Continuous Connectivity by Paul Scardino and James Brown

Teleport  Operators and the OTT Media Opportunity by Robert Bell

plus ITU Telecom World 2017 Show report, 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

Northrop Grumman to Acquire Orbital ATK for US$ 9.2 Billion

Dulles, Va., Sept. 18, 2017–Northrop Grumman Corporation (NYSE: NOC), a leading global security company, and Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of US$1.4 billion in net debt. Orbital ATK shareholders will receive all-cash consideration of $134.50 per share. The agreement has been approved unanimously by the Boards of Directors of both companies. The transaction is expected to close in the first half of 2018 and is subject to customary closing conditions, including regulatory and Orbital ATK shareholder approval.

The September 2017 issue of the Satellite Executive Briefing magazine

The September 2017  issue of  the  Satellite Executive Briefing magazine  focusing on the European Broadcast Market sponsored by Gazprom Space Systems is now available.  Featuring:

European Satellite Broadcast Market Update  by Elisabeth Tweedie

Aeronautical Market  by Bernardo Schneiderman

Executive Spotlight interview with Jarbas Valente, President, Telebras

The Future of the 'Future'  by Lou Zacharilla

Fly By Wi-Fi for InFlight Connectivity, or... by Martin Jarrold

Featured Company: Gazprom Celebrates its 25th Anniversary

plus WSIS 2017 Show report, 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

SpeedCast Achieves 143% Revenue Growth for 1st Half 2017

London,UK,  Aug 29, 2017- Speedcast International Limited (ASX:SDA), a provider of fully managed, remote communication and IT solutions, today announced its financial results for the six-month period ended  June 30, 2017, with group revenues of US$ 246.3 million, a 143% period-on-period increase.

Gilat Reports Continued Improvement in Profitability in Q2 2017 and Raises 2017 Adjusted EBITDA Objective to US$ 22 to US$ 26 Million

Petah Tikva, Israel , August 8, 2017 – Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a  leader in satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2017.

Intelsat Announces Second Quarter 2017 Results

Tysons Corner, Va., July 27, 2017 Satellite operartor Intelsat S.A. (NYSE: I), today announced financial results for the three months ended June 30, 2017. Intelsat reported total revenue of US$ 533.2 million and a net loss attributable to Intelsat S.A. of US$ 23.8 million for the three months ended June 30, 2017.

Telesat Reports Results for the Quarter Ended June 30, 2017

Ottawa, Canada, July 25, 2017-Telesat Canada  today announced its financial results for the three and six-month periods ended June 30, 2017.  For the quarter ended June 30, 2017, Telesat reported consolidated revenues of CDN $226 million, or a decline of 3% ($6 million) from the same period in 2016.