Finance

The World Teleport Association (WTA) compiled data submitted by teleport operating companies around the world for the association’s 2011 Top Operator rankings, and determined that the group created a combined annual revenue pool of $12.8 billion, with an annual growth rate of 7 percent.    The WTA 2011 Top Operator report provided a positive snapshot...

Uplogix Founder and Vice President of Product Strategy James Dollar said he wants his company’s solutions to reach across both the geographical and business vertical maps. The company, which identifies itself as an independent network management platform that is located with and directly connected to managed devices, designs its solutions to both work stand-alone and...

VSAT Systems subsidiary Datzap has been granted a license to operate in Costa Rica following three years of negotiations with the Costa Rican government and U.S. trade representatives, the company said in a statement.    Datzap will use the license to offer customers access to VSAT Systems’ extensive satellite uplink facility and infrastructure, which will...

Asset-tracking satellite modem manufacturer Quake Global and SkyWave Mobile Communications have introduced a Q-Pro M2M modem solution designed to operate on the Russian Federation’s Inmarsat satellite network, the companies announced.    SkyWave was recently awarded regulatory authorization to distribute the IsatData Pro services in Russia. Quake’s Q-Pro aims to allow heavy equipment owners to track...

VT Systems company iDirect has unveiled details of its Evolution X7 remote, claiming the unit is able to reach up to 100 Mbps inbound and outbound throughput, the company announced.    The Evolution X7 is built on a multi-core hardware system and is designed to operate with high throughput satellites to deliver adaptive TDMA throughput performance....

ViaSat has introduced a new high-dynamic C-band antenna designed to track fast moving targets and provide high tracking resolution and autotracking performance by integrating into L- and S-band antennas. Aiming to minimize cost of the upgrade and antenna system downtime, the feed is able to be retrofitted in the field and also use the existing...

Wireless communications technology developer MTN Satellite Communications has opened a new Seattle-based office that will eventually lead to a significant boost in staff, MTN announced.    MTN currently employs 10 people in the Seattle office, which is responsible for developing mobile, communications and cloud technologies under the direction of MTN Chief Innovation Officer Robert Wise....

You would think that the most valuable piece of equipment on an oil company’s rig is the drill, right? After all, a large chunk of an oil company’s budget goes into drilling investments. But, the modern drill is just as important and crucial to an offshore rig’s operation as the HD video camera attached to...

SpeedCast, which now has new owners in TA Associates, a global growth private equity firm, could look to make acquisitions in Africa to boost its competitive position in the near future. While no deals are necessarily imminent, the company has been involved in discussions about opportunities in the region. Africa is a key target for...

O3b Networks is set to unveil its new O3bEnergy solution at Oilcomm this year. The company will see its first satellites launched next year and is now working full steam ahead to get customers and it could have a strong dealflow in the run-up to launch.    O3b CCO John Finney said his company is...