Tel Aviv, Israel, December 13, 2013--Israel-based satellite operator Spacecom issued a formal notice to the Tel Aviv Stock Exchange that it was open to offers for a sale – or merger – of its company. Spacecom operates the Amos fleet of satellites which covers Europe, Africa, the Middle East and Asia.
Hauppaugge, NY, December 11, 2013--Globecomm Systems Inc. a leading communications solutions provider, announced today that an investor group led by Wasserstein & Co. has successfully completed the previously announced acquisition of Globecomm. As a result of the merger, each share of Globecomm common stock (other than shares held by Globecomm as treasury stock and shares as to which holders properly exercised dissenters’ rights) was converted into the right to receive $14.15 in cash, without interest, and Globecomm’s common shares will no longer be publicly traded.
Palo Alto, Calif., Dec. 11, 2013 — CPI International Holding Corp., the parent company of CPI International, Inc. (CPI), has reported increased orders, sales, backlog, net income and adjusted EBITDA in fiscal 2013. CPI said it booked orders totalling US$ 464 million, an increase of 21 percent from theUS $383 million booked in the previous year, with orders for defense and communications products increasing by double digits.
Melville, N.Y., Dec. 9, 2013 — Comtech Telecommunications Corp. has reported lower net sales for the first quarter of fiscal 2014 because of lower sales in its RF microwave amplifiers and mobile data communications segments. Comtech said net sales for the first quarter ended October 31, 2013 reached US$ 83.4 million compared to $91 million for the first quarter of fiscal 2013. But the company said it also experienced a surge in the sale of its telecommunications transmission segment.
New York City, December 4, 2013 – Coordinating an alliance of the world’s leading industry trade associations, the Society of Satellite Professionals International announced the launch of a global campaign to change the global conversation about satellite. Called the Industry Message Summit, the effort aims to focus attention on the industry’s striking contributions to human welfare, safety and prosperity around the world.
Cape Canaveral Air Force Station, Florida, December 3, 2013- –Space Exploration Technologies (SpaceX) successfully completed its first geostationary transfer mission, delivering the SES-8 satellite to its targeted 295 x 80,000 km orbit at 5:41 pm local time. After two previous attempts that were marred by technical glitches, Falcon 9 executed a picture-perfect flight, meeting 100% of mission objectives. To view videos of the Pre-Launch briefing with Elon Musk and interviews with SES executives click here.
Petah Tikva, Israel, December 3, 2013--Gilat Satellite Networks Ltd. today announced that it has completed the sale of its Spacenet Inc. subsidiary to Tulsa, Oklahoma-based SageNet. The aggregate consideration for the sale is approximately US$ 16 million, subject to certain post-closing adjustments and expenses.
Paris, France, December 2, 2013 -- Vivendi, the French media and telecommunications group, has confirmed its plan to split in two by spinning off its SFR telecommunications company and list it separately on the stock market.
Europe Gets Universal Broadband Coverage by Elisabeth Tweedie
DTH Services Boost the Asia-Pacific Market by Peter Galace
The Importance of Latency in the Mobile Marketby Virgil Labrador
Enterprise-Class HTS Serviceesby Martin Jarrold
plus Conference report on SATCON 2013, the 2013 Vision Awards,, Market Briefs, Executive Moves, Vital Statistics and Satellite Markets and Research 25TM Stock Index and many more. Click here to read or download the file
Wellington, New Zealand, November 27, 2013--AST announced the acquisition of a majority stake in Wright Satellite Connections, (WSC) based in Wellington, New Zealand, increasing the previous shareholding from 49% to 75%.