News Analysis

Rochelle Park, NJ, March 12, 2014 – ORBCOMM Inc. a provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of Euroscan Holdings, B.V, a supplier of refrigerated transportation temperature compliance recording systems. Based in the Netherlands, Euroscan’s integrated turn-key systems are used worldwide to ensure the safe and secure transportation of food and pharmaceuticals by monitoring and assuring temperature compliance throughout the supply chain.

Covington, Louisiana, March 10, 2014--Globalstar, Inc.  today announced its financial results for the three-month and twelve-month periods ended December 31, 2013. Highlights include significant increases in total revenue; increases in Duplex metrics such as subscriber additions, service revenue and ARPU; and a substantial increase in adjusted EBITDA.

Iroquois, Ontario, Canada, March 10, 2014 – Ross Video has acquired Automated Data Systems (ADS) of La Crosse, Wisconsin, USA. ADS is known for innovative, feature packed and easy to use solutions for data delivery, automation and broadcast production requirements – their main product line being EZNews.

Arzen, Germany, March 10, 2014--CET Teleport is merging  with the Limeline Group and all of the companies in the two organizations are to be rebranded under the "Onlime Group." The expanded business will have offices in Germany, UK, India, Sierra Leone, Angola, DR Congo, South Africa and UAE, with several more in the pipeline.

Paris, France, March 7, 2014 — Eutelsat Communications  announces that Satelites Mexicanos (Satmex), which Eutalsat purchased in January this year has been renamed Eutelsat Americas. Headquartered in Mexico City and satellite control facilities in Hermosillo and Mexico City,  Eutelsat Americas will be part of a worldwide satellite group it will enable a broad portfolio of video, data, telco and broadband clients to benefit from Eutelsat’s global presence, services, technologies and expertise as well as access to its existing and future satellites, according to Eutelsat.

London, UK, March 6, 2014--Inmarsat plc today reported consolidated preliminary financial results for the year ended 31 December 31, 2013. 
Inmarsat reported Adjusted total revenues of  US$ 1,249.6m (2012: $1,277.6m) and Adjusted EBITDA of US$ 639.8m (2012: $642.8m).

Riyadh, Saudi Arabia, March 6, 2014--Arab Satellite Communication Organization (Arabsat) and Telesat Canada (Telesat) have signed a strategic commercial agreement under which Telesat will utilize a lifetime Ku-band payload on a the new satellite Hellas-sat-4.  The new satellite’s RFP is going to the market in March as part of Arabsat’s RFP for its 6th generation satellites. The RFP will incorporate the design and manufacture of four new satellites.

Melville, NY,  March 6, 2014--Comtech Telecommunications Corp.today reported net sales for the second quarter of fiscal 2014  of  US $85.5 million compared to US$ 74.6 million for the second quarter of fiscal 2013. The period-over-period increase reflects higher sales in the Company's telecommunications transmission and RF microwave amplifiers segments, partially offset by lower sales in its mobile data communications segment.

Madrid, Spain, March 5, 2014--HISPASAT, the Spanish satellite operator, reported 201.4 million euros in revenues in 2013, a increase of  0.57% from 2012. Excluding the adverse exchange rate effect, this increase would have been 4.35%, mainly due to the increased sales results from markets outside of Spain.  

Saltaire, UK, March 4, 2014--UK-based Set-top box manufacturer Pace reported a 2.7% increase in revenues to  US$ 2,469.2 m  from 2012: US $2,403.4m in 2012.  Adjusted EBITA was  up 22.5% to US$ 193.6 m from  US$ 158.1m in 2012.