Iridium Communications Inc. (Nasdaq:IRDM)  today reported financial results for the fourth quarter of 2019 and issued its full-year 2020 guidance. Net loss was $107.9 million, or $0.82 per diluted share, for the fourth quarter of 2019, as compared to net loss of $7.6 million, or $0.09 per diluted share, for the fourth quarter of 2018.

A diverse and innovative programme of speakers – together with a cross cutting group of companies representing the satellite, cloud, end-user groups and communications industries consisting of over 80 registered companies – characterises the uniqueness of ‘Satellite & The Cloud 2020: Deployments Across the Satellite Driven Value Chain’ conference, which takes place at London’s Leonardo Royal

Intelsat S.A. (NYSE: I), today announced financial results for the three months and full-year ended December 31, 2019. Intelsat reported total revenue of $517.0 million and net loss attributable to Intelsat S.A. of $115.0 million for the three months ended December 31, 2019. For the year ended December 31, 2019, Intelsat reported total revenue of $2,061.5 million and net loss attributable to Intelsat S.A. of $913.6 million.

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2019.

Key Financial Highlights:

A new study from Juniper Research found that the total number of 5G connections will reach 1.5 billion globally by 2025, rising from only 5 million in 2019. This is an annual average growth of 150% over the next 6 years.

The Global Fixed Satellite Services market is expected to reach US$ 26.2 billion by 2026 according to a new report by Research and Markets. Market growth is further expected to be guided by an increase in demand for smooth transmission of TV and radio signals, the low power needed to provide fixed satellite services, and the low cost of accessing services with high consistency and efficiency.