News Analysis

IDC Shareholders Reject Sale of its Broadcast Assets to Pico Digital

Ottawa, Cananda, June 13, 2015-- During  International Datacasting Corporation's (TSX:IDC) annual general and special meeting of shareholders held on June 12, 2015, its shareholders rjected a proposed sale of the company's broadcast assets to Pico Digital.

Boeing to Build Third All-Electric Propulsion Satellite for ABS

El Segundo, Calif., June 12, 2015 – Boeing [NYSE: BA] is on contract to build ABS-8, the third all-electric propulsion 702SP (small platform) satellite for ABS, a commercial satellite provider based in Bermuda and Hong Kong. This satellite will expand broadcast and enterprise services to Australia, New Zealand, the Middle East, Russia, South Asia and Southeast Asia.

RR Media Acquires Satlink Communications

Airport City Business Park, Israel, June 8, 2015---RR Media (NASDAQ: RRM), a provider of global digital media services to the broadcast industry, has announced the acquisition of Satlink Communications, an Israel-based global provider of content distribution, management and playout services for US$ 19 million subject to bank debts and other certain adjustments.

Comtech Telecommunications Corp. Announces Results for the Third Quarter of Fiscal 2015 and Provides Updated Fiscal 2015 Guidance

Melville, NY, June 4, 2015–-Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the three and nine months ended April 30, 2015.Net sales for the three months ended April 30, 2015 were US$ 71.6 million compared to US$ 88.9 million for the three months ended April 30, 2014.

Global Invacom Signifies Intention to Acquire Skyware Global

Singapore, June 1, 2015--Global Invacom Group Limited signified its intention to acquire Skyware Global, a  U.S. manufacturer of satellite terminals, for as much as US$ 11.6 million by issuing approximately US$ .6 million in treasury shares and entering into a cash earn out model to pay Skyware up to a maximum of US$5.0 million.

The June 2015 issue of the Satellite Executive Briefing magazine

The June 2015  issue of  the  Satellite Executive Briefing magazine  sponsored by Comtech EF Data is now available.  Featuring:

DTH, Mobile Broadband Driving Asia-Pacific Satellite Market  by Peter Galace

Executive Roundatable on the Inflight Broadband Market by Bernardo Schneiderman

The Maritime Satellite Market by Capucine Fargier

Would You Rather Have Chocolate or the Internet?  by Robert Bell

Innovative Antenna Alignment in Maritime Vessels  by Alvaro Sanchez

The Satellite Industry Rush to Nepal's Aid  by Virgil Labrador

plus Mergers and AcquisitionsMarket Briefs, Executive Moves, Product Spotlights and Product and Services MarketPlace Guide to Communicasia 2015  and Satellite Markets and Research 25TM Stock Index  and many more.  Click here to read or download the file

International Datacasting Corporation Announces Preliminary Unaudited First Quarter Revenues

Ottawa, Canada, May 14, 2015--International Datacasting Corporation ("IDC") (TSX:IDC), a broadcast technology provider, today announced selected preliminary unaudited financial results for the first quarter of Fiscal 2016. Total revenue was approximately CDN$ 3 million, including approximatelyCDN$ 2.6 million in Products revenue. 

Eutelsat

Paris, France, May 12, 2015 – Eutelsat Communications (Euronext Paris: ETL) today reported revenues for the third quarter and nine months ended 31 March 2015. It  reported third quarter revenues of €368 million up 4.5% from last year.

Thaicom Reports 35.3% Increase in Net Profit in 1st Quarter 2015

Nonthaburi, Thailand, May 8, 2015 – Satellite operator Thaicom today released its operating results for the 1st Quarter of 2015, reporting a consolidated net profit of 540 million Baht – a 35.3 per cent increase when compared with results from the first quarter of 2014.

KVH Industries Reports Revenues Increase 12% in 1Q 2015

Middletown, R.I., May 7, 2015--KVH Industries, Inc., (Nasdaq: KVHI) reported financial results for the first quarter ended March 31, 2015 today. KVH revenues were  US$ 41.3 million for the first quarter, up 12% from a year ago   Net loss was US$ 1.4 million, net loss per share of $0.09, non-GAAP net income of US$ 0.9 million, and non-GAAP EPS of $0.06.