News Analysis

Inmarsat 2012 Income falls 20% to US$ 293.6 million

London, UK, March 8, 2013 — Inmarsat plc has reported a drop in its full year 2012 profit before income tax to US $293.6 million from US$366.9 million last year after revenues dried up from the ill-fated LightSquared plan to create a new mobile network in the US.

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Pace Reports 4.1% Rise in Revenue to US$2.4 billion in 2012

Saltaire, UK , March 7, 2013 —  Pace plc, a global developer of technologies and products for PayTV and broadband service providers, has announced that revenues rose  4.1% to US$2,403.4 million in 2012 while earnings before interest, tax and amortization (EBITA) rose by 11.8% to US$158.1 million.

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Piracy Clampdown Boosts Middle East & North Africa Pay TV Revenues

London, UK, March 6, 2013--The number of pay TV homes in the Middle East and North Africa will double between 2011 and 2018 to 16.0 million, according to a new report from Digital TV  Research. The third edition of the Digital TV Middle East and North Africa report forecasts that fewer than 15% of TV households (analog and digital)  legitimately paid for TV signals by end-2012. This proportion will climb to 21.6% by 2018. 

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Managing Transponder Resources

by Jan Grøndrup-Vivanco

Paris, France, March 5, 2013--For most satellite service providers and teleports, satellite capacity is the single largest Operating Expense (OPEX) cost item and is therefore key to their profitability. This is traditionally also one of the most difficult cost elements to manage, especially for service providers who provide data services for VSAT and trunking.

Export Credit: Helping the Long Tail of the Satellite Industry

by Rajiv Hazaray and Carter Lawson

Princeton, NJ,  March 5, 2013--The launch of the first commercial communications satellite (Intelsat1, nicknamed “Early Bird”) on 06 April 1965, the commercial satellite industry has seen declining technology risks but still remains fraught with many business risks. It is a capital-intensive industry with high barriers to entry. An aspiring satellite operator faces the difficult decision of investing hundreds of millions of dollars up to three years before the satellite takes its flight and stabilizes in its orbital slot. After a successful launch, the operator will need to recover his investment during next 15 years before the satellite consumes all the fuel onboard and starts its uncontrollable and destined wobble.

Thales Alenia Space and ISS Reshetnev create Joint Venture in Russia

Moscow, Russia,  March 1, 2013 – Jean Loïc Galle, President and CEO of Thales Alenia Space,  and Nikolay Testoedov, General Designer and General Director of ISS – Reshetnev  Company, signed an agreement on February 28 for the creation of a Joint Venture between their two companies.

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Intelsat Reports Loss of $146.6 million on revenue of $2.6 billion in 2012

Washington, D.C., February 28, 2013 — Intelsat S.A. reported it suffered a net loss of $146.6 million on revenue of $2,610.2 million in 2012. The company reported EBITDA of $1,940.6 million, and Adjusted EBITDA of $2,016.5 million, or 77 percent of revenue, for 2012. 

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Deutsche Telekom Posts €5.3 billion Net Loss in 2012

Bonn, Germany, Feb 28, 2013 — Deutsche Telekom, the German telecoms group, declared on Thursday it was able to achieve its financial targets for 2012. However, the company downplayed a year-end net loss of €5.3 billion (US$6.93 billion), which it attributed to an impairment loss of €7.4 billion (US$9.67 billion) in the third quarter over the planned merger of T-Mobile USA and MetroPCS.

Deutsche Telekom said Adjusted EBITDA for 2012 totalled €18 billion (US$23.54 billion), down €0.7 billion (US$0.915 billion), or 3.8 percent compared with 2011 and free cash flow of €6.2 billion (US$8.11 billion), exceeding the expected level of around €6 billion (US$7.84 billion).

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RTL Group Revenue Rises 4% to €6 B in 2012 but profit down by 13.2%

Luxembourg, February 25, 2013 -- RTL Group reported on Monday revenue rose 4 percent reaching a record €6 billion (US$7.84 billion) in 2012 but profits of €690 million (US$901.58 million) were down 13.2 percent from €795 million (US$1.038 billion) last year.

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SES posts 5.5% rise in revenue to Euro 1.82 billion in 2012

Luxembourg, Feb. 22, 2013 — Satellite operator SES reported today its revenue increased by 5.5% to EUR 1.828 billion (US$2.41 billion) in 2012 compared to EUR 1.73 billion (US$2.28 billion) in 2011 raising profit by 5% to EUR 648.8 million (US$855 million).

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