News Analysis

Gilat 1st Quarter 2014 Results Slightly better than Previous Quarter

Petah Tikva, Israel, May 21, 2014 – Gilat Satellite Networks Ltd.  today reported its results for the first quarter ended March 31, 2014. Non-GAAP operating income was US$ 0.5 million, compared to a loss of US$ 0.1 million in the fourth quarter 2013. GAAP operating loss was US$ 1.5 million compared to a loss of US$ 2.7 million in the fourth quarter of 2013

Eutelsat Posts Slight Increases in Revenues for Third Quarter and Nine Months Fiscal 2013-2014

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.

Speedcast Acquires SatComms Australia

Hong Kong, May 13, 2014 – Satellite services provider SpeedCast Ltd today announced the buyout of SatComms Australia, a leading satellite solutions provider in Australia. The acquisition will provide SpeedCast with an expanded presence in Australia.

New NSR Study Finds Contrasting DTH Trends among Major Emerging Markets

Wilmington, DE, May 12, 2014 – NSR’s newest report, Global Direct-to-Home (DTH) Markets, 7th Edition, concludes when it comes to Direct-to-Home (DTH) Television services, not all emerging markets are created equal. NSR’s regional-centric analysis of DTH platforms points to a significant divergence in market trends not just between “developing” and “developed” markets, but also within the markets of the “developing world."

Norsat’s Revenues up 9% in 1st Q 2014

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.

Telenor Posts Slight Revenue Growth in 1st Quarter 2014

Oslo, Norway, May 7, 2014--In the first quarter of 2014, Telenor Group reported revenues of NOK 26.5 Billion (approxiametely US$ 4.4 Billion), representing an organic revenue growth of 1.5%. EBITDA before other items was NOK 9.3 Billion, the EBITDA margin was 35% and operating cash flow was NOK 5.6 billion.

ITC Global Marks First Quarter by Closing over US$ 30 million in New Service Contracts

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.  

Bridge M2M Alliance Forms to Aid Multinational M2M Deployment in Asia

Austin, Tex.,  May 5, 2014—With cellular machine-to-machine (M2M) connections in Asia expected to  more than triple in the coming years, local wireless operators have banded together in a group dedicated to facilitating M2M deployments in the region.The installed base of wireless M2M connections in the Asia-Pacific (APAC) region will rise to 109.0 million in 2017, up from 32.6 million in 2012, according to IHS Technology .

Intelsat 1st Quarter Results in Line with Guidance

Washington, D.C., May 1 2014--Intelsat S.A. today reported total revenue of US$ 628.9 million and net income attributable to Intelsat S.A. of US$ 81.9 million, or $0.70 per common share on a diluted basis, for the three months ended March 31, 2014.  The company reported adjusted net income per diluted common share1 of $0.92 for the three months ended March 31, 2014.

Satellite Backhaul, Trunking and Video Offload to Present Varied Opportunities over Next Decade

Wilmington, DE, April 28, 2014 – NSR's newly released Wireless Backhaul, Trunking and Video Offload via Satellite, 8th Edition finds a diverse set of opportunities for satellite companies worldwide. These varied market segments are expected to grow at mixed levels, characterized by serious opportunities, threats and risks over the long term, with NSR projecting growth from $1.4 billion in 2013 to $3.7 billion by 2023.