Netgem's board of directors released the company’s half-year financial statements on Wednesday highlighted by revenues of US$14.5 million (€13.1 million), a decline of 9.9% from the previous year’s first half, and a net revenue of US$7.42 million (€7.42 million), a decrease of 4.3% from the previous year. The company posted a net loss of US$2.66 million (€2.4 million) for the first half.

Satellite operator Intelsat S.A. (NYSE: I), reported total revenue of US $ 509.4 million for the three months ended June 30, 2019. But it also posted a net loss of US$ 529.7 million because of a US$ 381.6 million asset impairment charge incurred in the second quarter of 2019 for the total loss of Intelsat 29e satellite in April this year.

This translates to a quarterly loss of $1.05 per share and compares to loss of $0.38 per share a year ago. Yahoo Finance says the quarterly report represents an earnings surprise of -10.53%.

Hughes Network Systems, LLC has announced that PHSAT Telecom Solutions, Inc. (PHSAT), has chosen the Hughes' Jupiter System to enable Internet services for its small- to medium-enterprise (SME) customers. PHSAT, providing domestic and international telecommunication services to businesses throughout the Philippines, selected the Jupiter System to improve the efficiency and performance of satellite broadband services to its customer base while laying the foundation for future 4G implementations.

AMOS satellite fleet operator Spacecom has announced that the AMOS-17 satellite is in the final stages of its prelaunch preparation for its scheduled liftoff on August 3.

The satellite will be launched to geostationary transfer orbit from Cape Canaveral, FL, USA on a Falcon-9 launch vehicle by SpaceX . This will be SpaceX's 10th mission of the year and will be the first launch of the year with no planned landing.

Hispasat, the Spanish satellite and telecommunications operator, and the association of Friends of the Great Spanish Navigators and Explorers (AGNYEE), today signed an agreement to collaborate and promote the project “500 years later. By sail in the wake of Juan Sebastián Elcano,” which will commemorate the 5th centennial of the voyage around the world led by Ferdinand Magellan and the Spanish sailor between 1591 and 1522.

LTN Global, a leader in broadcast-quality IP video transport solutions, has entered into an agreement to acquire Crystal, a provider of software that automates the monitoring, control, and metadata management of end-to-end broadcast and digital media operations. Together, LTN and Crystal will offer mission-critical ad insertion, digital watermarking, and other unique tools that will allow networks and digital platforms to monetize their content across a fully managed IP multicast network.

NAGRA, a Kudelski Group (SIX:KUD.S) company and an independent provider of content protection and multiscreen television solutions, in partnership with MTM, a leading international research and strategy consultancy, today published “The Global Market for Premium Sports OTT Services,” a special report on the growth of sports OTT services around the world and its impact on traditional pay-TV service providers.

 gvf-logo (1).jpgGVF is driven by innovation on behalf of the satellite communications industry; innovation for its member organizations in particular. GVF’s partner organization, SatProf, is the leader in satellite industry training. The Informa Telecoms & Tech Academy is the leading training partner to the TMT industry.

NAGRA, a Kudelski Group (SIX:KUD.S) company and a leading independent provider of content protection and multiscreen television solutions, in partnership with MTM, a leading international research and strategy consultancy, has published the key takeaways from the European edition of the 2019 Pay-TV Innovation Forum, a global research programme for senior executives designed to explore the biggest challenges and opportunities facing the pay-TV and content industries at a time of unprecedented change.