Paris, France, May 20, 2014 – Eutelsat Communications today announced the sale to M7A Group S.A., trading under the name of M7 Deutschland, of Eutelsat visAvision GmbH., that operates the KabelKiosk platform of digital channels and interactive services for cable and IPTV networks in Germany.
Baikonur, Kazakstan, May 16, 2014--The Proton-M carrier rocket launch of RSCC's Express-AM4R satellite from the Baikonur space center in Kazakhstan failed to biring the satellite into geostationary orbit. The rocket carrying the satellite went down nine minutes after launch today.
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.
Madrid, Spain, May 13, 2014- HISPASAT, the Spanish satellite telecommunications operator, today announced that is has completed an agreement with Intelsat, the world's lagest satellite operator, to jointly provide satellite services at the 55.5ºW orbital position for the Latin American market.
Stockholm, Sweden, May 12, 2014--Ericsson has completed its acquisition of Red Bee Media, a leading media services company headquartered in the UK, from Creative Broadcast Services Holdings - an entity controlled by Macquarie Advanced Investment Partners, L.P.
Madrid, Spain, May 7, 2014- Spanish telecom conglomorate Telefonica has acquired Canal Plus, the biggest pay TV operator in Spain, for €725 million (US $1.0 billion).
Oslo, Norway, May 7, 2014--In the first quarter of 2014, Telenor Group reported revenues of NOK 26.5 Billion (approxiametely US$ 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.
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.
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.
Saltaire, UK, April 24, 2014--Pace today released a statement by management on its interim results for the period January 1, 2014 to April 23, 2014. Profitability of Pace was in line with management expectation and continues to have robust cash flow, according to the statement.