Intelsat S.A. (OTC: INTEQ), today announced financial results for the three months ended June 30, 2021. Intelsat reported total revenue was US$ 507.9 million and net loss attributable to Intelsat S.A. was US$ 152.3 million for the three months ended June 30, 2021. Intelsat reported EBITDA, or earnings before net interest, taxes and depreciation and amortization, of US$ 150.4 million and Adjusted EBITDA of US$ 283.8 million, or 56% of revenue, for the three months ended June 30, 2021.
HISPASAT, Grupo Red Eléctrica's communications satellite operator, has begun a pilot project with Correos to give satellite connectivity to certain offices located in places where Internet access is problematic. The pilot will initially be run in six locations - three in Zamora (Santa Cristina de la Polvorosa, Fermoselle and Coreses), two in Teruel (Valdealgolfa and Mosqueruela) and one in Soria (Duruelo de la Sierra) - and may be rolled out to the company's other rural service points that have connectivity issues.
Gap between OTT and Traditional Pay-TV Services Continues to Grow According to Parks Associates
More...New research from Parks Associates reveals 82% of US broadband households subscribe to at least one OTT service and 58% subscribe to a traditional pay-TV service. Parks Associates today announced the release of its latest Consumer Insights Dashboard, a new ongoing service that analyzes the firm’s quarterly surveys of 10,000 US broadband households to track consumer adoption of home services, including home internet, pay-TV, and mobile services.
NSR’s Flat Panel Satellite Antenna Analysis, 6th Edition report, released today, sees over 6M cumulative FPA shipments generating nearly $17B in equipment revenues over the next decade. The growing Non-GEO HTS Consumer Broadband market will yield nearly 5 million in shipments alone, driven by the growing number of HTS constellations expected over the next ten years.
Felipe Saad Lukowiecki has recently joined satellite operator ABS as Sales Director, Brazil. Based in Rio de Janeiro, he will be responsible for ABS’ commercial initiatives as well as managing the relationship with existing customers in the Americas.
The Satellite Industry Association (SIA) released its 24th annual State of the Satellite Industry Report, a study of the satellite industry performance. The report, produced by BryceTech, provides an overview of 2020 activity derived from proprietary surveys, in-depth public information, and independent analysis.
Highlights from the report:
Comtech Telecommunications Corp. (NASDAQ: CMTL), announced today, that during its fourth quarter of fiscal 2021, its subsidiary Comtech EF Data Corp., a leading provider of satellite communications equipment was awarded a multi-million dollar order for WAN optimization equipment from a leading system integrator in South Asia.
Iridium Communications Inc. (Nasdaq: IRDM) today reported financial results for the second quarter of 2021 and updated its full-year 2021 outlook. Net income was US$ 3.8 million, or $0.03 per diluted share, for the second quarter of 2021, as compared to net loss of $12.4 million, or $0.09 per diluted share, for the second quarter of 2020.
NSR’s Maritime SATCOM Markets, 9th Edition report finds on-going challenges in some segments of the Maritime SATCOM Markets through 2022. While 2020 and 2021 continue to feel the impacts of COVID-19 in segments such as the cruise ship industry, the migration towards HTS-based services accelerates. Switching from MSS Broadband to VSAT connectivity are driving revenues in the near to medium terms.

