News Analysis

Foreign Exchange Rates Affect Telesat Revenues in 2Q 2015

Ottawa, Canada, July 30, 2015--For the quarter ended June 30, 2015, Telesat reported consolidated revenue of CDN$ 227 million, an increase of CDN$ 1 million compared to the same period in 2014. During the quarter, the U.S. dollar was 13% stronger than it was during the second quarter of 2014, resulting in a positive impact on the conversion of U.S. dollar denominated revenue and a negative impact on the conversion of U.S. dollar denominated expenses.

Iridium Announces Second-Quarter 2015 Results; Updates 2015 and Long-Range Outlook

McLean, Va., July 30, 2015--Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the second quarter of 2015 and updated its full-year 2015 and long-range outlook. Net income was US$ 26.0 million, or US$ 0.21 per diluted share, for the second quarter of 2015, as compared to US$ 15.0 million, or US$ 0.14 per diluted share, for the second quarter of 2014.

Revenues are Up at Intelsat

Tyson's Corner, Va., July 30, 2015--Intelsat S.A. (NYSE: I) today reported total revenue of US$ 598.1 million and net income attributable to Intelsat S.A. of US$ 60.2 million, or US$ 0.47 per common share on a diluted basis, for the three months ended June 30, 2015. The company reported adjusted net income per diluted common shareof $0.70 for the three months ended June 30, 2015.

Eutelsat Report Full Year Fiscal 2014-15 Results in Line with Objectives

Paris, France, July 30, 2015--Eutelsat reported revenues of €1,476m up 4.0% , and 9.5% on a reported basis for the full year ending June 30, 2015. With an EBITDA margin of 76.7% the cmpany reported high level of profitability and the results wee fully in line with objectives.

SpeedCast Acquires SAIT Communications

Sydney, Australia, July 28, 2015 – SpeedCast International Limited  today announced that it has signed a definitive agreement to acquire SAIT Communications, a fast-growing maritime communications service provider in southern Europe.  SAIT Communications is one of the leading suppliers of L-band satellite services in the southern European maritime market, in particular Greece, which is one of the largest maritime markets in Europe, as well as Cyprus. 

Global Business Delivering Growth for SES

Betzdorf, Luxembourg, July 24, 2015–SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the six months ended 30 June 2015 where it highlights the deevelopment of a global business delivering strong growth in revenue and net profit.

AT&T Closes DirecTV Acquisition

Dallas, Tex., July 24, 2015--AT&T said it has officially closed on its (NYSE: T) US$ 49 billion acquisition of DirecTV (NASDAQ: DTV) following the US' Federal Communications Commission's  approval of the transaction. The newly combined company will become  the largest Pay TV provider in the United States and the world.

Technicolor to Acquire Cisco's STB business for €550m

Paris, France, July 23, 2015--Technicolor has entered into an exclusive agreement with Cisco to acquire its customer premises equipment (CPE) business for €550 million in a cash and stock transaction. The acquisition includes all of Cisco’s cable modem and set-top box businesses.