Leichtman Research Group, Inc. (LRG) found that the eleven largest pay-TV providers in the US -- representing about 95% of the market -- lost about 665,000 net video subscribers in 2Q 2016, compared to a loss of about 545,000 subscribers in 2Q 2015.

The top pay-TV providers account for 93.75 million subscribers -- with the top six cable companies having 48.9 million video subscribers, satellite TV companies having 34.0 million subscribers (including about 710,000 from DISH's Internet-delivered Sling TV), and the top telephone companies having 10.8 million subscribers.

Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2016. Revenues for Q2 2016 increased 53% to US$  67.9 million from US$ 44.3 million in the comparable period of 2015. Revenues rose 29% compared with Q1 2016.

 reza.jpgComtech EF Data announced today that it expanded its executive management team with the appointment of Reza Rasoulian to Senior Vice President, Mobility Systems. In this newly created position, Rasoulian joins the senior executive leadership team to lead the market development and direction of the mobility systems.

RigNet, Inc. (NASDAQ:RNET), a provider of digital technology solutions focusing on serving energy facilities, maritime vessels and other global remote locations, today reported quarterly results for the quarter ended June 30, 2016. Quarterly revenue was US$ 54.9 million representing a decrease of US$ 7.4 million compared to the prior quarter and a decrease of US$ 20.2 million compared to the prior year quarter.