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Atlanta, GA, August 29, 2018 — Encompass Digital Media, a global technology services company delivering end-to-end video playout and distribution solutions to broadcast and digital media companies, announced today it has signed a definitive agreement to acquire Babcock International Group’s (Babcock’s) Media Services business. This deal expands Encompass’ scale in EMEA and extends the company’s combined channel playout, transmission and digital products portfolio while adding international radio distribution to its suite of services.
Sydney, Australia, Aug. 28, 2018 — Remote communication and IT solutions provider Speedcast International Limited (ASX: SDA) today announced its financial results for the six-month period ended 30 June 2018 (1H 2018), with group revenues of US$304.9 million, a 24% period-on-period increase.
Hong Kong, August 17, 2018 — Asia Satellite Telecommunications Holdings Limited said today its revenues for the first half of 2018 rose by 14% to HK$730 million (2017: HK$642 million) due to substantial full six-month revenues from the leases of AsiaSat 8 and AsiaSat 4, and additional revenue from new leases with video, data and occasional use customers.
Arlington, Va., Aug. 16, 2018 -- Boeing [NYSE: BA] will acquire Millennium Space Systems, a provider of agile, flight-proven small-satellite solutions, under an acquisition agreement that will expand Boeing's satellite and space portfolio, talent and capabilities.
Paris, France, August 9, 2018 — Eutelsat has sold its interest in the Eutelsat 25B satellite operated at 25.5 degrees East to the co-owner of the satellite, Es’hailSat, for a consideration of €135 million (US$154 million).
Petah Tikva, Israel, August 7, 2018 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) reported today revenues for Q2 2018 were US$ 66.5 million, compared with US$ 66.2 million in Q2 2017, and its Q2 2018 GAAP operating income increased to US$ 4.1 million, up 121% from Q2 2017.
Abu Dhabi, UAE, August 5, 2018--Yahsat, a global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, completed the acquisition of a majority and controlling stake in the mobile satellite services operator Thuraya.
Ottawa, Canada,August2, 2018 — Telesat Canada today reported consolidated revenues of CDN$ 212 million for the three and six-month periods ended June 30, 2018, compared to CDN$ 226 million in the same period in 2017.