News Analysis

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.

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.

Covington, LA , May 8, 2014- Mobile satellite services operator Globalstar, Inc. reported a net loss of US$ 250.5 million for the first quarter of 2014, driven almost entirely from non-cash sources, compared to US$25.1 million for the first quarter of 2013.  Adjusted EBITDA was US$ 3.8 million for the first quarter of 2014 compared to $2.5 million in the first quarter of 2013, an increase of 54%.

Englewood, Colo., May 8, 2014-DISH Network Corporation today reported revenue totaling $3.59 billion for the quarter ending March 31, 2014, compared to $3.38 billion for the corresponding period in 2013.

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).

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.

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.

El Segundo, Calif., May 6, 2014--DIRECTV  today reported that first quarter 2014 revenues increased 4% to US$ 7.86 billion, adjusted operating profit before depreciation and amortization(OPBDA) increased 7% to US$ 2.22 billion, adjusted operating profit increased 7% to US$ 1.51 billion and adjusted diluted earnings per share improved 14% to $1.63 compared to last year’s first quarter.

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.  

MarketBrief Report on the Canadian Fixed Satellite Services Market sponsored by  Hunter Communications is now available.  

This report examines the current trends and opportunities in the Canadian Fixed Satellite Services in the light of recent regulatory changes and industry developments.

Click here to read or download the file