News Analysis

Comtech Telecommunications Corp. Announces Results for Fiscal 2020 First Quarter and Updates Fiscal 2020 Guidance

Melville, NY, December 4, 2019-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the first fiscal quarter ended October 31, 2019 and updated its fiscal 2020 guidance.  Net sales for the first quarter of fiscal 2020 were US$ 170.3 million as compared to the US$ 160.8 million achieved during the first quarter of fiscal 2019, representing an increase of $9.5 million, or 5.9%.

ViacomCBS Completes Merger of CBS and Viacom

New York City, NY, December 4, 2019--ViacomCBS Inc. (Nasdaq: VIACA, VIAC) (“ViacomCBS”) today announced the completion of the merger between CBS Corporation and Viacom Inc. The combined company, which is renamed ViacomCBS, creates a premium content powerhouse with global scale, including leading positions in markets across the U.S., Europe, Latin America and Asia.

RSCC and Azercosmos Sign Cooperation Agreement

Baku, Azerbaijan, December 3, 2019--Russia’s satellite communications operator Russian Satellite Communications Company (RSCC) and Azerbaijan’s satellite communications operator Azercosmos signed a cooperation agreement pertaining to satellite communications and broadcasting services in Baku, Azerbaijan, as part of the international telecommunications and IT show BAKUTEL 2019. RSCC’s Deputy Director General – Head of the Business Development Kseniya Drozdova and Azercosmos’s Deputy BoD Chairman Rovshan Rustamov signed the document.

 

MarketBrief Report on the African Satellite Market

MarketBrief Report on the African Satellite Market sponsored by Amos Spacecom

A summary of the key trends and opportunities in the African satellite market.

To read or download this report click here.

 

 

Ariane Completes 250th Launch of TIBA-1 and Inmarsat GX5 Satellites on its 40th Anniversary

Kourou, French Guiana, November 26, 2019--For its fourth and final mission of the year, Ariane 5 placed two communications satellites in geostationary transfer orbit (GTO), lifting off from the European spaceport in Kourou (French Guiana) the Egyptian satellite TIBA-1 and Inmarsat GX5. It was launch No. 250 for Ariane, which will be celebrating its 40th anniversary on December 24.

 

Comtech Telecommunications Corp. Aquires UHP Networks Inc. for US$ 40.0 Million

Melville, NY,  November 21, 2019-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that it has entered into an agreement to acquire UHP Networks Inc.  a leading provider of innovative and disruptive satellite ground station technology solutions, for a purchase price of approximately US$ 40.0 million. Founded in 2005, UHP is based in Canada and has developed revolutionary technology that is transforming the Very Small Apert ure Terminal (VSAT) market.

Gilat Reports Growth in Q3 2019

Petah Tikva, Israel, November 19, 2019 – Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) today reported its results for the third quarter ended September 30, 2019. GAAP Operating Income Increases 43.1% sequentially; Adjusted EBITDA reaches double digits totaling US $10.1 million.

Telesat Reports Increased Revenues but Post Net Loss for the 3Q 2019

Ottawa, Canada, November 5, 2019 - Telesat today announced its financial results for the three and nine-month periods ended September 30, 2019. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted. For the quarter ended September 30, 2019, Telesat reported consolidated revenue of $237 million, an increase of 4% ($10 million) compared to the same period in 2018.

Satellite, 5G, Cyber Security for a ‘Global Digital Ecosystem’

London, UK, November 4, 2019--Last month I spoke at an event for information technology security professionals in Riga, Latvia.  The theme of my presentation was a little off the mainstream of topics addressed during the several tracks of the program – unsurprisingly heavily focused on cyber security, but also covering the continuing evolution of 5G, the upcoming generation of terrestrial mobile broadband communications. 

Unlocking Africa’s Intelligence

by Lou Zacharilla

New York City, November 4, 2019--The boost in non-stop airline traffic between the USA and Africa is on the rise and access to the continent and its cities has as much to do with technology as it has to do with demand.  According to travel writer Shannon Sims, developments in plane construction makes it possible to fly longer routes.  And ultra long-haul flights, such as next month’s launch of a non-stop flight from Newark Liberty Airport to Capetown will provide access to South Africa three times per week.  Distances of  9,500 miles (15,300 kilometers) covered in less than 15 hours on a non-stop flight is truly a testament and deserves a genuflection to the wonders of engineering.