Ottawa, Canada, March 26, 2019 — C-COM Satellite Systems Inc. (TSXV: CMI) announced today it generated revenues of US$10.1 million (Ca$13,527,368) and a net after tax profit of US$1.72 million (Ca$2,299,501) or US 4.48 cents (6 Ca. cents per share). This compared with revenues of US$7.68 (Ca$10,282,319) and a net after tax profit of US$0.77 million (Ca$1,035,744) or US 2.24 cents (Ca. 3 cents per share) as reported in 2017, representing an increase of 31.6% and 122.0% respectively.
London, UK, March 25, 2019 — The boards of Inmarsat and Triton Bidco announced today that they have reached agreement for a US$3.4 billion in cash takeover by Triton Bidco of Inmarsat.
Madrid, Spain, March 12, 2019 – Vertice 360, the Spanish media company owned by Squirrel Capital, is set to acquire M-Three Satcom, the Italian based teleport operator founded in 2004 and acquired by Giglio Group in 2015.
Zagreb, Croatia, March 6, 2019--Satellites are becoming more and more complex as the new High Throughput Satellite (HTS) and non-geostationary systems are coming. The new systems require innovative solutions for monitorign and control. One such company providing unique software solutions is Amphinicy Technologies based in Zagreb, Croatia, a provider of complex software solutions and all-round software support for the satellite and space industry. After 20 years in the business Amphinicy has delivered over 100 projects to international space and humanitarian agencies, leading satellite operators and global satellite service providers, teleports and space mission operation centers, and satellite equipment manufacturers.
Communications are undergoing a complete transition from what we know as the norm, towards a somewhat unknown reality, where anything and everything will eventually be connected. Of course, this is no easy feat for established networks built on fixed, tried and tested infrastructure and as new applications such as the Internet of Things (IoT), continues to advance and connected objects become commonplace, universal high-capacity, high-speed connectivity will become a necessity, anywhere and everywhere. Consequently, the role of satellite will play a growing role, delivering seamless, high-bandwidth broadband services to once unimaginable locations, including out at sea and in the sky.
New York City, NY, March 4, 2019--Once upon a time, a large teleport operator was hit by a major power outage. Uninterruptible power supplies immediately kicked in and the NOC staff waited for the generator to start. Nothing happened. So, they switched to the backup generator. Still nothing. Work crews rushed to trouble-shoot the generator failures while the countdown timer on the UPS batteries ticked downward…and downward…and still downward. Just minutes from total loss of power, the work crews got one of the generators started and customers suffered no loss of service.
That did not stop the operator for buying two more generators to serve as triple and quadruple backups.
Los Angeles, Calif., March 4, 2019--Since 2016, the FCC had approved satellite constellations for new Non-geostationary Orbit (NGSO) Systems and the latest ones given green light were Spacex, Telesat, Keppler, and Leosat in November 2018 authorizing nearly 8,000 small telecom satellites to serve U.S. entities from Low Earth Orbit allowing global coverage.
Dubai, UAE, March 4, 2019--In common with the rest of the world, the market for traditional satellite services in the Middle East and Africa is facing challenges, from terrestrial competitors, new space competitors and shifting consumer taste. Nevertheless, all of the operators interviewed for this article, remain very upbeat about the prospects for their services in this region.
The March 2019 issue of the Satellite Executive Briefing magazine focusing on the Middle East Satellite Market sponsored by Newtecis now available. Featuring:
PLUS Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 25 Stock Index and many more. Click here to read or download the file
Ottawa, Canada, March 1, 2019 — Telesat Canada reported today consolidated revenues of US$174.48 million (Ca$232 million) for the 4th quarter ending December 31, 2018, a decrease of 8% US$15.79 million (Ca$21 million) compared to the same period in 2017. When adjusted for the impact of foreign exchange rate changes, the revenue decreased by 9% or US$16.55 million (Ca$22 million) compared to the same period in 2017.