Oslo, Norway, February 12, 2014-- In the fourth quarter of 2013, Telenor Group reported revenues of NOK 28 billion (US$ 4.28 billion), representing an organic revenue growth of 1%. EBITDA before other items was NOK 8.99 billion, the EBITDA margin was 32.6%, and operating cash flow was NOK 4.42 billion (US$ 720 million).
Carlsbad, Calif., February 12, 2014-- ViaSat Inc.announced financial results for the third quarter of fiscal year 2014. Revenues increased 16% to US$ 332.6 million compared to the same period last year, and Adjusted EBITDA hit record levels, growing 17% year-over-year to US$ 56.7 million for the third quarter of fiscal year 2014.
Riyadh, Saudi Arabia, February 11, 2014- Arabsat and Morgan for Information and Communications Technology (MICT) signed a contract where Arabsat will provide Morgan with Satellite capacities on Arabsat-5C at the orbital position 20° East, with full coverage to the African continent, in addition to Arabsat usual coverage to the Middle East and large parts of Asia and Europe.
Ottawa, Canada, Feb. 7, 2014--Canadian Industry Minister James Moore unveiled a new plan to develop the country's space industry, in a bid to safeguard Canada's "sovereignty, security and prosperity." Moore said Canada's Space Policy Framework will serve as a guideline for the country's strategic space activities, and ensure the commercial competitiveness of the Canadian space industry in the future.
Kourou, French Guiana, February 6, 2014--The ABS-2 satellite was successfully launched at 6:30 p.m. Kourou time today. The satellite was launched on an Ariane ECA launch vehicle from the Guiana Space Center.
London, UK, February 6, 2014-- Arqiva announced today the acquisiton of Capablue, the Connected TV, video-on-demand and content solution provider. The two companies already have a relationship, having partnered on solutions including the development of pay capabilities for the Arqiva Connect TV platform.
St. Louis, MO, February 6, 2014-- Belden has submitted a binding offer to purchase privately held Grass Valley, a leader within the broadcast market, for US$ 220 million. The binding offer is subject to consultation with Grass Valley’s foreign labor works council. Grass Valley provides innovative technologies including production switchers, cameras, servers, and editing solutions within the mission critical applications of broadcast customers.
Stockholm, Sweden, February 6, 2014--Ericsson today announced it has entered into an agreement to acquire Massachusetts-based Azuki Systems, Inc., a provider of TV Anywhere delivery platforms for service providers, content owners and broadcasters.
Atlanta, GA, February 5, 2014--Wegener today announced that it will be acquired by Novra Technologies in an all stock transaction. This transaction is subject to Novra's due diligence, the approval of Wegener Corporation shareholders, and other terms and conditions. Wegener Corporation previously announced that the Board of Directors had unanimously approved a Term Sheet for the acquisition. Novra Technologies, Inc. will also acquire privately held Westport Research Associates, Inc. of Raytown, MO.
London, UK, February 4, 2014--Inmarsat today announced that Inmarsat-5 F1, the first in its fleet of three Global Xpress (GX) satellites, has successfully completed its orbital deployment stages on schedule. Inmarsat and Boeing engineers, working from Inmarsat’s GX teleport in Nemea, Greece, are now beginning a month of comprehensive payload testing, in preparation for commencing live end-to-end testing of the high-speed, mobile broadband GX connectivity services, scheduled to start in March.