News Analysis

The September 2019 issue of  the Satellite Executive Briefing magazine focusing on the European Broadcast Market market sponsored by Gazprom Space Systems is now available.  Featuring:

The Evolving Broadcast Market by Elisabeth Tweedie

Looking for a Strategic Manufacturing Partner?  by Peter Galace

Executive Roundtable: Flat Panel Antennas Market by Bernardo Schneiderman

Satellite IoT: A Game Changer for the Industry? by Hub Urlings

Show Reports: World Summit on Information Society and AI for Good Summit by Roxana Dunnette

Angels, Arianes and English Roses by Lou  Zacharilla  

A Holistic Approach to Teleport Services by Virgil Labrador

The Pacific Endeavor by Martin Jarrold

Executive Spotlight: Interview with Vladimir Rangelov, Senior Sales Manager Broadcast Services, VIVACOM

PLUS Products and Services MarketPlace Guide to IBC 2019, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more. Click here to read or download the file

Brussels, Belgium, August, 27, 2019 — SatADSL, a provider of professional VSAT services, has announced the completion of its capital increase and the appointment of Serge Van Herck as president of its board of directors.

Hong Kong, Aug. 27, 2019 — Bowenvale Limited and Asia Satellite Telecommunications Holdings Limited (HKSE: 1135; 1135.HK  jointly announced that the proposal for the privatisation of AsiaSat by way of a scheme of arrangement has been approved at the court meeting today.

Cheseaux-sur-Lausanne, Switzerland, Aug. 21, 2019 — The Kudelski Group (SIX: KUD.S), a provider of media content protection and value-added service technology, has reported a net loss of US$20.4 million, which included US$13.7 million of restructuring costs, during the first half of 2019.

Hong Kong, Aug. 9, 2019 — Asia Satellite Telecommunications Holdings Limited (SEHK: 1135) announced today its revenue dropped 5% to US$88.39 million (HK$693 million) primarily due to non-renewal of certain customer contracts in mid-2018 and the continued pricing pressures from capacity oversupply in some key markets.

Carlsbad, Calif., Aug. 8, 2019 -- Viasat Inc. (NASDAQ: VSAT), reported strong first quarter fiscal year 2020 performance with a year-over-year revenue increase of 22%, net loss decrease of 66% and Adjusted EBITDA growth of 115% for the fiscal first quarter ended June 30, 2019.

Englewood, Colo., Aug. 8, 2019 -- Shares of EchoStar Corp. declined 7.3% following the company’s 2Q19 earnings release, reflecting disappointment with the company’s subpar EBITDA performance and one-time charges. Following the decline, shares of EchoStar  are now trading at 4.9x the consensus 2020 EBITDA forecast, which represents a discount to both the stock’s long-term average and its closes peer group competitor Viasat.

Coverage of the launch of Spacecom's Amos-17 satellite by Spacex at Cape Canaveral Air Force Station, Florida, August 6, 2019 with Satellite Markets and Research Editor-in-Chief Virgil Labrador.  Click here to view the video.
 

Cape Canaveral Air Station, Florida, August 6, 2019--SpaceX’s Falcon 9 rocket successfully lifted off from Space Launch Complex 40 of the Cape Canaveral Air Force Station, Florida, the AMOS-17 satellite for Spacecom (Tel Aviv Stock Exchange: SCC). Liftoff occurred at 7:23 p.m. EDT, or 23:23 UTC and the satellite was deployed approximately 31 minutes after liftoff.

Petah Tikva, Israel, August 6, 2019 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), today reported its results for the second quarter ended June 30, 2019. Gilat said renues for Q2 2019 totaled $59.7 million compared with US$ 66.5 million for Q2 2018. Its Q2 2019 GAAP operating income increased 17.9% to US$ 4.9 million from US$ 4.1 million in Q2 2018 while Q2 2019 Non-GAAP operating income rose to US$ 6.3 million, or by 10.8% from Q2 2018.