Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its board of directors declared a quarterly cash dividend of $0.10 per share, payable on August 16, 2019, to shareholders of record at the close of business on July 17, 2019.

The dividend is the company’s thirty-sixth consecutive quarterly dividend. Future dividends remain subject to compliance with financial covenants under the company's secured credit facility as well as Board approval.

NSR forecasts THE inflight connectivity (IFC) will be a US$ 36 Billion market over the next decade, as more airlines outfit fleets with high throughput satellite (HTS) services.  However, the IFC market endured a challenging 2018 due to delays in installing equipment, indecisions by airlines, and uncertainty on business models, on top of technical and regulatory hurdles according to NSR . Overall, the market lost a bit of its shine as aeronautical connectivity grew in 2018 by US$400 million 40% less than expected.

The Asia Video Industry Association (AVIA) will be hosting its annual Satellite Industry Forum (SIF) at the Four Seasons Hotel, Singapore on 17 June 2019.

This year, SIA welcomes Steve Collar, president and CEO of SES, as he gives a keynote presentation and shares his views about spectrum war.

Managing new business challenges should encompass the entire satellite workflow and make it far easier to set up satellite antennas, reduce operator fails/ issues and ensure entire networks are continuously and automatically monitored. Integrasys has already worked and continues to do so, with a few satellite operators to drastically reduce running costs through better tools for installation and monitoring. Yet, there is one area that remains very tricky complicated and that is the process of buying and selling satellite capacity.

With 21 commercial satellites at the geostationary orbit, Japan is still the largest satellite operating country in the Asia Pacific Region.

Broadcasting Satellite System Corp (B-SAT) currently operates four satellites, BSAT-3a, -3b, -3c and -4a, at 110 degrees east. Unique feature of BSAT-4a satellite is that it carries 12 brand-new left-hand circularly polarized Ku-band transponders in addition to traditional 12 right-hand version.

CANAL+ Group is acquiring M7, one of the largest independent pay-TV companies in Europe operating in Benelux and Central Europe. M7 is owned by Astorg, a leading European private equity firm. This acquisition is subject to the European Commission’s approval.

M7 is an aggregator and distributor of local and international channels via satellite and OTT platforms. It has developed a presence in the Netherlands, Belgium, Austria, Czech Republic, Slovakia, Hungary and Romania where it has a total of 3 million subscribers, of which 0.8 million to a basic access package.

The Board of Directors of Inmarsat and majority of its shareholders have voted on May 10 in favor of the acquisition of a consortium, comprising Apax, Warburg Pincus, and a pair of Canadian pension funds for US$3.3 billion (€2.9 billion) for the satellite operator.

The deal is expected to close in Q4 this year following regulatory approvals. The offer of acquisition was first reported in March this year.