Finance

Telesat’s launch of service on the Nimiq 4 and Telstar 11N satellites and the stronger standing of the U.S. dollar produced revenues of $187 million in the 2009 third quarter, an increase of about 9 percent from the same period in 2008, according to its financial results, released Nov. 9.      Telesat’s net income stands...

Intelsat saw its 2009 third quarter revenues increase $19.4 million to $617.9 million, up from $598.5 million in 2008, the operator announced in its financial results, released Nov. 9.     Intelsat transponder service revenues increased $25.7 million, due primarily to a $19.4 million increase in revenue from network services customers and renewals in the Latin...

Asia Broadcast Satellite (ABS) will acquire Mabuhay Satellite Corp. (MSC), ABS announced Nov. 6.     ABS will gain MSC’s Agila-2 satellite, built by Space Systems/Loral  and launched in August 1997. The spacecraft carries 24 standard C-band and 6 extended C-band transponders covering Asia from India to Philippines; Japan to Indonesia; and a C-band spot beam...

GlobeCast has equipped French multi-hull yacht Crêpes Whaou with a GlobeCast Content Exchange solution for the Transat Jacques Vabre, a transatlantic sailing competition, GlobeCast announced Nov. 6.     The solution aims to enable the yacht’s two skippers to send video reports to their sponsor via webcam using an on-board satellite connection. The solution also will...

As the convention comes to a close, Offshore Communications 2009 has left a profound impression on me that maritime, shipping and oil and gas end-users are just as, if not more diverse than commercial or land-based enterprise customers.    While the applications are pretty much the same and resemble much of the technology that has...

Digi International CEO Joe Dunsmore is confident that the company can make a strong impact in the satellite market using the recently acquired assets of the U.S., Indian and Singapore affiliates of MobiApps Holdings Private Limited.     The deal to acquire MobiApps, a developer of machine-to-machine (M2M) communications technology focusing on satellite, cellular, and hybrid...

Orbit Technology Group believes it is in a strong position to sell one of its latest satellite communications antenna solutions to train operators in Asia, after successful trials in Europe, Orbit CEO Avi Cohen told Offshore Communications E-daily.     “We are now able to reap the benefits of our decision to invest together with Tes...

Hughes Communications reported 17,000 subscriber net adds in its 2009 third quarter results, a 49 percent increase over the previous year and a record for the company, Hughes announced Nov. 5.     Subscriber growth was complemented by a 19 percent increase in services revenues over 2008 and total revenues up 12 percent at $251 million,...

U.K. satellite and wireless data supplier Excelerate Technology unveiled the first of its next-generation rapid response vehicles, the company announced.     The vehicle is a Land Rover Discover equipped with emergency service communication technology, including a transportable satellite, private GSM, VoIP, wireless network, CCTV and video streaming.     The vehicle also has been fitted with...

EMS Technologies reported 2009 third-quarter revenues of $85.7 million and earnings from continuing operations of $5.8 million, a 17 percent increase compared with the same period in 2008 due to strong growth in satellite-based tracking, which offset aeronautical losses, the company announced Nov. 5.     EMS’s newly acquired Satamatics satellite-based tracking business received an initial...