Finance

With the satellite industry in the midst of a technological transition period, operators used the exposure of the 2012 OilComm conference to display new possibilities for wide-beam Ku- and C-band and spot-beam Ka-band. Several new offerings and platforms are set for launch to cater to an inevitable broadband/data market boom during the next few years....

TP-Link will provide its registered Value Added Resellers (VAR’s) with free replacement and shipping for any damaged TP-Link products due to Hurricane Sandy, the network product supplier announced Nov. 8.    "TP-LINK recognizes the significant destruction and challenges many people are facing following Hurricane Sandy. As part of our continued effort to support all of...

FSS satellite operator SES’s 2012 third-quarter earnings beat market forecasts backed by strong demand for digital and HDTV, which offset losses from Germany’s analog service switch-off, according to the company’s latest financial results issued Nov. 9.    SES quarterly revenue rose 8.7 percent in the third quarter compared to the same period last year, reaching...

ViaSat has reported its better-than-expected results for the 2013 fiscal second quarter with revenue of $283 million and a loss of $1.9 million or 4 cents a share, excluding charges. Analysts had predicted sales of $256 million and a loss of 10 cents a share excluding charges, the satellite company announced Nov. 7.    ViaSat...

Intelsat reported $654.9 million revenue and a net loss of $34.5 million for its 2012 third quarter ending Sept. 30, the satellite service provider announced Nov. 5. XXXXX Intelsat also reported a $471.1 million EBITDA and an adjusted EBITDA of 78 percent of revenue, $511.3 million, for its third quarter of 2012.    According to Intelsat...

O3b Networks will provide Telecom Cook Islands with bandwidth for high speed Internet connectivity to four additional southern islands in the nation, as well as faster internet to the island Mitiaro via a microwave radio link, the companies announced Nov. 6.    O3b’s Medium Earth Orbit satellite constellation will supply the bandwidth and is scheduled...

Globecomm’s European business unit has introduced a new cloud platform that aims to substitute expensive and complex IT networks with a cost-effective service.    Globecomm Cloud Services provides businesses, government agencies and other organizations with “virtual machines,” each consisting of an operating system such as Windows or Linux and an application like SQL, Radius or...

The 2012 OilComm trade show has experienced quite a makeover this year. The show that was previously known as Offshore Communications (a title that is now inaccurate due to the show’s recent inclusion of an inland remote track) not only receives a new name, but also a new face, a new audience, a new look...

The OilComm 2012 exhibition hall opened Wednesday morning to a wide variety of visions for the future of oil and gas communications. Several satellite and telecom service providers, technology developers and value-added services took the opportunity to reach out to an even wider audience this year with the addition of a second OilComm track.  ...

Inmarsat has signed VSAT terminal supplier L-3 Global Communications Solutions (GCS) as an initial launch partner for land satellite terminals for its future Global Xpress service, the mobile satellite communications provider announced Nov. 7.    This partnership aims to deliver the L-3 GCS’s field-tested credibility that Global Xpress customers seek when upgrading to Ka-band speed...