Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a leader in satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2017.
Key Financial Highlights:
NAGRA, a Kudelski Group (SIX:KUD.S) company and one of the world's leading independent provider of content protection and multiscreen television solutions, in partnership with MTM, a leading international research and strategy consultancy, today revealed initial survey findings investigating the top priorities and challenges facing pay-TV operators around the world.
Asia Pacific OTT revenues from TV episodes and movies will reach US$ 24.41 billion in 2022; triple the US$ 8.27 billion recorded in 2016. The total will increase by nearly US$ 3 billion in 2017 alone, according to recent research from Digital TV research.
Satellite operartor Intelsat S.A. (NYSE: I), today announced financial results for the three months ended June 30, 2017. Intelsat reported total revenue of US$ 533.2 million and a net loss attributable to Intelsat S.A. of US$ 23.8 million for the three months ended June 30, 2017.
Intelsat reported EBITDA or earnings before net interest, loss/(gain) on early extinguishment of debt, taxes and depreciation and amortization, of US$ 407.3 million and Adjusted EBITDA1 of US$ 417.9 million, or 78 percent of revenue, for the three months ended June 30, 2017.
Telesat Canada today announced its financial results for the three and six-month periods ended June 30, 2017. For the quarter ended June 30, 2017, Telesat reported consolidated revenues of CDN $226 million, or a decline of 3% ($6 million) from the same period in 2016.
Speedcast International Limited (ASX: SDA), today announced it has entered into a definitive agreement to acquire UltiSat for a purchase consideration of up to USD$100 million, payable over two years and subject to the ongoing financial performance of the company. UltiSat is a leading provider of remote communications and professional services to governments, in particular the US government, and to international government organizations (IGOs) and non-governmental organisations (NGOs).
NSR’s Maritime Satcom Markets, 5th Edition finds that satellite leasing revenues for the maritime VSAT mobility market are projected to exceed US$ 1 Billion by 2026. With over US$ 400 million in leasing revenues in 2016 from FSS and HTS offerings, the steady roll-out of the ‘connected vessel’ over the next decade is being powered by falling capacity pricing.
Ericsson has released its second Game Changer paper, ‘The IP Imperative’, the latest installment in a six-part series that details the fundamental factors that are driving change across the TV and Media industry.
According to Euroconsult's latest report, Prospects for the Small Satellite Market, significant expansion in terms of capabilities and demand is underway in the smallsat market.
The Satellite Industry Association (SIA) today released its 2017 State of the Satellite Industry Report at an industry briefing held in Washington, D.C. For 20 years, SIA has been publishing the leading analysis of the satellite industry. The industry report produced by Bryce Space and Technology, LLC, is derived from proprietary surveys of satellite companies, indepth public information, and independent analysis which are combined to assess the performance of key satellite industry sectors including satellite services, ground equipment, launch services and manufacturing.