News Analysis

RigNet Enters Kazakhstan Market Through Acquisition of Munaicom

Houston, Tex., December 29, 2014--RigNet, Inc. (Nasdaq:RNET), a provider of managed remote communications solutions, telecoms systems integration services and collaborative applications to the oil and gas industry, today announced that it has acquired Timas Munaicom TOO ("Munaicom"), an oilfield communications company based in Almaty, Kazakhstan.

Euroconsult's Latest Report Target Satellite Value Chain

Paris, France, December 22, 2014 - Euroconsult's latest report, Satellite Value Chain: The Snapshot, brings together a selection of key trends and indicators on supply and demand from Euroconsult's 2014 reports complemented by additional dedicated research on the commercial satellite business to give a snapshot of the commercial satellite value chain. Along with the introductory/overview section, the report includes sections on satellite manufacturing & launch services, satellite communications, Earth observation, and satellite navigation. 

O3b Successfully Launches Four More Satellites to Complete Iniitial Constellation

Le Centre Spatial Guyanais, Kourou, French Guiana , December 18, 2014: Arianspace successfully launched four satellites for O3b using a Soyuz rocket from the Space Center in French Guiana. The launch follows the successful launches of the first eight O3b satellites in two batches in June 2013 and July 2014, completing the initial constellation of 12 satellites for O3b's medium-earth orbit, all-Ka-band system.

Gazprom Space Systems' Yamal-401 Satellite Successfully Launched

Baikonour Cosmodrome, Kazakhstan, December 15, 2014 – International Launch Services (ILS), successfully launched Gazprom Space Systems' Yamal-401 satellite into geosynchronous orbit today on a Proton rocket. This was the landmark 400th mission for the Proton launch vehicle since its first flight in 1965.

 

Com Dev Acquires MESL Microwave

Cambridge, Ontario, Canada, December 12, 2014--Com Dev International has signed an agreement to acquire 100 percent of MESL Microwave for £12.8 million. Headquartered in Edinburgh, Scotland, MESL Microwave Ltd. plays a significant role in the global microwave technology market, designing and manufacturing components and subsystems for the radar, communications, defence and aerospace industries.

Comtech Telecommunications Corp. Announces Results for the First Quarter of Fiscal 2015

Melville, NY, December 10, 2014-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the three months ended October 31, 2014. Net sales for the three months ended October 31, 2014 were US$ 76.4 million compared to US$ 83.4 million for the three months ended October 31, 2013. The period-over-period decrease reflects lower net sales in all three of the Company's operating segments.

IDC Revenues Improve

Ottawa, Canada, Dec. 10, 2014- International Datacasting Corporation (IDC) (TSX:IDC), announced its financial results today for the nine months and third quarter ended October 31, 2014.  Revenues totaled CDN $3.0 million for the third quarter of Fiscal 2015, 19% higher than the prior year's third quarter. The increase was primarily due to a 79% improvement in product revenues, partially offset by a reduction in services revenues due to the non-renewal of the Canadian Forces Radio and Television service.

Comtech Telecommunications Corp. Completes Review of Strategic Alternatives

Melville, NY, December 9, 2014-- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced that its Board of Directors has completed a review of strategic alternatives today with the assistance of its financial advisor, Citibank, its legal counsel, Proskauer Rose, and its special counsel, Morris, Nichols, Arsht & Tunnell. After considering various strategic alternatives to enhance shareholder value, including a possible merger or sale of the company, the Board has determined that the interests of the company and its shareholders will be best served by the company remaining independent.

World Teleport Association Publishes Top Operator Rankings for 2014

New York, NY, December 9, 2014– The World Teleport Association (WTA) published its annual rankings for the Top Teleport Operators of 2014. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world as well as referencing the published results of publicly-held companies.

HISPASAT Contracts SSL to build Amazonas 5 Satellite

Palo Alto, Calif., December 5, 2014-- Spanish satellite telecommunications operator, HISPASAT, has contracted Space Systems Loral (SSL) to build the Amazonas 5 satellite, which will provide a wide range of telecommunications services in Latin America. This new satellite constitutes an expansion of the Amazonas 4B project, to which the full capacity of the Amazonas 4A was added.