News Analysis

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.

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.

AsiaSat H1 Profits Rise But Revenues Fall

Hong Kong, 22 August 2013 — Asian satellite operator Asia Satellite Telecommunications Holdings (AsiaSat) reported a first half 2013 profit of HK$401 million (US$51.71 million), up 1.4 percent from HK$395 million (US$50.4 million) during the same period last year. The rise in profit despite a fall in revenues is mainly a result of the reduction in certain professional fees, coupled with careful management of expenditure.

Rockwell Collins to Acquire ARINC for US$ 1.39 Bil.

Cedar Rapids, IA, August 21, 2013 — Rockwell Collins, Inc. is acquiring ARINC Inc., a communications engineering and information processing solutions company, for US$ 1.39 billion.

KKR Acquires Stake in RigNet

Houston, Tex., August 22, 2013-- Kohlberg Kravis Roberts & Co. L.P., a global investment firm, today announced the signing of a definitive agreement under which funds advised or controlled by KKR are acquiring a significant minority stake in RigNet from Cubera, an investment firm specializing in the Nordic private equity market.

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.