RigNet, Inc. (NASDAQ:RNET), a leading global provider of digital technology solutions, announced today that Steven E. Pickett has been named chief executive officer and president.  He will be based in Houston and succeeds Marty Jimmerson, who has served as interim chief executive officer and president.

The latest edition of the Ericsson (NASDAQ: ERIC) Mobility Report, published today, reveals that the Internet of Things (IoT) is set to overtake mobile phones as the largest category of connected device by 2018. Between 2015 and 2021, the number of IoT connected devices is expected to grow 23 percent annually, of which cellular IoT is forecast to have the highest growth rate. Of the 28 billion total devices that will be connected by 2021, close to 16 billion will be IoT devices.

Satelite operator Intelsat S.A. today announced that its subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”), has extended the early tender date for its previously announced tender offers (the “Tender Offers”) to purchase its 6 5/8% Senior Notes due 2022 (CUSIP No. 45824TAM7) (the “2022 Notes”), 5½% Senior Notes due 2023 (CUSIP No. 45824TAP0) (the “2023 Notes”) and 7½% Senior Notes due 2021 (CUSIP No.

View video interviews with key satellite industry executivesfrom the NAB 2016 in Las Vegas.

ViaSat (NASDAQ: VSAT), a global broadband services and technology company, today announced financial results for the fiscal fourth quarter ended March 31, 2016.

Highlights of the quarter include;

O3b Networks announces the appointment of Jack Deasy to lead O3b’s US and International Government sales and business development efforts.

Inmarsat (LSE:ISAT.L), a provider of global mobile satellite communications services, today announced that Pip McCrostie, Global Vice Chair of Transaction Advisory Services (TAS), one of EY’s four global businesses, will join the Board of Inmarsat on September 1, 2016 as a non-executive director and a member of the company’s audit committee.    Pip retires

ABI Research forecasts the 4K set-top box market will quadruple from less than two million units in 2015 to more than 7 million in 2016, and then grow by 46% annually through 2021. However, the overall set-top box market is on the decline, expected to drop by about nine percent in 2016 to less than $16 billion in revenue, with both Pay TV and free-to-air boxes losing value.

Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), today reported its results for the first quarter ended March 31, 2016.  Revenue for Q1 2016 was US$52.7 million compared to US$45.2 million in comparable period of 2015, an increase of 17%.

EBITDA for Q1 2016 increased to US$0.5 million compared to US$0.2 million in comparable period of 2015. Reiterated management objectives for 2016: continued growth with revenues between US$290 and US$310 million and EBITDA between US$18 and US$24 million.

The World Teleport Association (WTA) today released The Internet of Things Opportunity for Teleports, a new research report. The growth forecasts for the Internet of Things are off the charts.