News Analysis

RRSat Expands to Europe, Acquires UK-based JCA

Airport City Business Park, Israel, Sept. 3, 2013 — RRsat Global Communications Network Ltd. has acquired JCA, a London-based provider of content management services, which has an impressive track record of growth and revenues of almost US$ 10 million last year. RRsat, which provides global, end-to-end, content management and distribution services to the rapidly expanding television and radio broadcasting industries, said the acquisition is fully aligned with the company’s growth strategy of becoming a global company with local presence in key locations.

Spacecom Expands into New Markets in Asia with the Successful Launch of AMOS-4

Baikonur, Kazakhstan, September 1, 2013 –AMOS-4, built by Israel Aerospace Industries (IAI) for Spacecom, was successfully launched August 31, 2013 from Baikonur Cosmodrome aboard a ZENIT - 3SLB launcher. During the coming three weeks, AMOS-4 will continue its transfer orbit until arriving at 67.250 East, where In Orbit Test will be conducted before continuing to its designated permanent service location at 650 East.

 

C-COM Enters into Global Strategic Partnership With Vislink

Ottawa, Canada, August 29, 2013--C-COM Satellite Systems Inc. announced today that it has entered into a strategic partnership with Vislink, a United Kingdom based secure communication technology provider.

EUTELSAT 25B/Es'hail 1 satellite Successfully Launched

Kourou, French Guiana August 29, 2013--Eutelsat Communications  and Es'hailSat announce that their jointly owned EUTELSAT 25B/Es'hail 1 satellite was successfully launched tonight by an Ariane 5 rocket and is on course for geostationary orbit. Lift-off of the Ariane rocket carrying the 6.3 tonne satellite took place at 20.30 UTC. EUTELSAT 25B/Es'hail 1's solar panels were deployed within four hours of separation from the launch vehicle and preparations are underway for the first of four firings of its apogee motor to complete its journey into orbit. Eutelsat and Es'hailSat schedule to bring their jointly owned satellite into service at 25.5° East at the end of October.

Wasserstein & Co. to Acquire Globecomm Systems

Hauppauge, New York,  August 29, 2013 — An affiliate of private equity and investment firm Wasserstein & Co. has entered into a definitive agreement to acquire Globecomm Systems for US$ 14.15 per share or about US$340 million in cash.

Europe Holding Back Full Global TV Ad Recovery

Londong, UK, August 28, 2013--Global TV advertising expenditure will reach US$ 219 billion in 2018 for the 55 countries  covered in the TV Advertising Forecasts report from Digital TV Research, up by 32%  - or US$ 53 billion - from 2012.  TV advertising spend grew by 4.4% in 2012 to US$ 167 billion, but only 2.8% growth is  forecast for 2013 as the recession bites again in several European territories.

Turkish State Fund Mulls Tender for Seized Pay-TV Provider Digitürk

Istanbul, August 23, 2013 — The Savings Deposit Insurance Fund of Turkey (TMSF) is considering the initiation of a tender for the sale of pay-television platform Digitürk although the process has not been finalized.

Gilat Sells Spacenet Subsidiary

Petah Tikva, Israel, Aug. 19, 2013-- Gilat Satellite Networks Ltd. today announced that it has entered into a definitive agreement to sell its Spacenet Inc.  subsidiary to Tulsa, Oklahoma-based SageNet. The aggregate consideration for the sale is approximately US $16 million, subject to certain post-closing adjustments and expenses.

Es’hailSat and Arabsat Sign a Strategic Agreement

Jeddah, Saudi Arabia, August 19, 2013--Es’hailSat, the Qatar Satellite Company, and ARABSAT today announced the signing of a strategic partnership agreement to promote closer co-operation between the two companies and strengthen the reach and penetration of the 26 degrees East hot spot neighborhood for TV broadcasting.

Gilat Reports Lower Revenue, Posts US$ 1.9-M Net Loss in 2Q 2013

Petah Tikva, Israel, August 14, 2013 — Gilat Satellite Networks Ltd. reported on Wednesday lower revenues for the second quarter of 2013 at US$ 80.2 million, compared to US$ 82.8 million in the first quarter of 2013 and $85.3 in the second quarter of 2012.