News Analysis

EchoStar Reports Fourth Quarter And Fiscal Year 2012 Financial Results

Englewood, Colo. Feb. 20, 2013--EchoStar Corporation today reported total revenue of US$ 786 million for the quarter ended Dec. 31, 2012 compared to US$ 834 million for the corresponding period in 2011. Total revenue for the fiscal year ending Dec. 31, 2012 is US$ 3,122 million compared to US$ 2,761 million for the corresponding period in 2011.

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Fiber Driving Global Broadband Access

London, UK,  February 20, 2013– As broadband subscribers approach 635 million globally, the latest figures published by the Broadband Forum and prepared by broadband industry analysts Point Topic reveal that hybrid fiber access (FTTx) has experienced the highest market gain over the past year. Of the 54 million new broadband subscribers added in the year leading up to 3Q 2012, 26 million are being served with fiber (48%). Overall, fiber deployments have now passed cable to account for 19.7% of the total broadband market.

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Germany Adds Over Half a million Satellite Subscribers in 2012

Munich, Germany, February 19, 2013 - SES  announced today that satellite continued to increase its household reach in Germany last year, with 18.07 million households receiving their TV directly from satellite at the end of 2012. This increase of 524,000 households from year-end 2011 (plus 3 percent) is despite the switch-off of the analogue satellite signal in April 2012 and is driven by continued strong consumer demand for the large programme offer and quality of satellite TV, especially in High Definition (HD). These are the results of the "ASTRA TV Monitor 2012" that SES presented today in Munich a study based on 6,000 interviews in Germany.

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Orbital Reports Growth in Revenues and Operating Results

Dulles, Va., February 14, 2013— Orbital Sciences Corporation today reported its fourth quarter and full year 2012 financial results.  Fourth quarter 2012 revenues were $354.6 million, up 6% compared to $335.5 million in the fourth quarter of 2011.  Fourth quarter 2012 operating income was $31.3 million, an increase of 41% compared to $22.2 million in the fourth quarter of 2011.  

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Sea Launch Future Dims Further with Lawsuit

by Peter Galace, Associate Editor

Long Beach, Calif., February 15, 2013 — Following the unsuccessful launch of the Intelsat 27 spacecraft on February 1, 2013, majority owner RSC Energia affirmed last week its unfailing commitment to the long-term success of the Sea Launch program. But despite the assurances from the Sea Launch partners, the company faces grim prospects. In addition to its difficulty to now secure launch contracts necessary for its survival, the company also faces a big lawsuit that could dampen prospects of Sea Launch’s emergence from bankruptcy.

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DirecTV Reports Improved 4Q 2012 Results

EL SEGUNDO, Calif., February 14, 2013—DirecTV reported on Thursday an increase in fourth quarter net income by 31% to $942 million mainly due to addition of  761,000 new subscribers mostly from Latin America.

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GE Sells Remaining Stake in NBCUniversal Joint Venture and Related Assets to Comcast for $18.1B

Fairfield, Conn., February 13, 2013--GE announced today the sale of its remaining 49% common equity interest in its joint venture with Comcast, which includes NBCUniversal (NBCU), as well as the NBCU floors in 30 Rockefeller Center, for $18.1 billion.

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Liberty Global Reports $331M loss in 4Q 2012

Englewood, Colorado, February 13, 2013 — Liberty Global, Inc. said on Thursday it posted a loss of $331 million, or $1.27 per share, on the fourth quarter of 2012 compared to a profit of $322.8 million, or $1.21 per share, during the same period last year.

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Western Europe Leads Adoption of New Media Technology

London, UK, February 12, 2013--Western Europe leads adoption of new media technology as smartphone penetration rises 27% a year according to a new ZenithOptimedia study of 19 advanced markets. ZenithOptimedia tracked the adoption of three new media technologies – IPTV, smartphones and tablets – and forecast their penetration to 2015.

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Globecomm Reports Slight Drop in Net Income to $6.5 million for first half of fiscal 2013

Hauppauge, New York, February 7, 2013 — Globecomm Systems, Inc. reported a 3.2% decline in revenues to $160.9 million for fiscal 2013 six months ended December 31, 2012 compared to $166.2 million in the same period last year.

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