With transformation at the top of their agenda, business leaders are meeting at ConnecTechAsia, held in Singapore from 18 – 20 June 2019, to showcase and discover the latest technologies that promise to ready businesses for the future.

The satellite industry calendar for May and June 2019 will see two key events from the GVF-EMP Conference Partnership portfolio taken firstly to Aberdeen in Scotland and then to London.

Telesat reported consolidated revenues of US$164.85 million (Ca$222 million) during the first quarter of 2019, a decrease of 4% or US$7.43 million (Ca$10 million) compared to the same period in 2018. But despite the drop, Telesat netted US$127.72 million (Ca$172 million) compared to a loss of US$11.14 million (Ca$15 million) in first quarter 2018.

The world is full of sharp disparities between the privileged and those struggling for access: access to good work, to knowledge, to the means to pursue their calling and preserve their communities. Around the world, dedicated people are using technology to close that gap. Technology that is literally out of this world.

Building a Better Future in Africa

The teleport industry got its start in the days when monopoly telephone companies ruled and, in the US, COMSAT was the sole gatekeeper for access to domestic and international satellites.  Then the Reagan Administration’s Open Skies policy ended COMSAT’s lock on satellite access, and entrepreneurs jumped on the new opportunity.

Having worked at a teleport at the beginning of my career, I never miss an opportunity to visit one. Teleports remind me of the very exciting times I spent working in one. There is something about the mix of high technology and innovative, geeky engineers that never cease to amaze me, so when I was invited to visit a teleport in England I didn’t hesitate to accept. But nothing prepared me for what I was about to see…

Intelsat S.A. (NYSE: I) reported today total revenues of US$ 528.4 million and net loss of US$ 120.6 million for the three months ended March 31, 2019.

Intelsat said EBITDA, or earnings before net interest, gain on early extinguishment of debt, taxes and depreciation and amortization, ofUS $ 372.8 million and Adjusted EBITDA of US$ 380.3 million, or 72 percent of revenue, for the quarter. Free cash flow from operations was US$ 24 million.

Iridium Communications Inc. (Nasdaq: IRDM) has reported a net loss of US$ 18.0 million, or $0.18 per diluted share, for the first quarter of 2019, as compared to net income of US$ 11.5 million, or $0.07 per diluted share, for the first quarter of 2018.

C-COM Satellite Systems Inc. (TSXV: CMI), a global provider of mobile auto-deploying satellite antenna systems, said today the company generated revenues of US$2.192 million (Ca$2,948,252) and a net after tax profit of US$315,589.36 (Ca$424,404) or US$0.0074 (1 Canadian cent) per share during the first quarter ended February 28, 2019.

C-COM said this compared with revenues of US$1.35 million (Ca$1,816,142) and a net after tax profit of US$12,538.12 (Ca$16,862) or 0 cents per share as reported in 2018, representing an increase of 62% and 2,417% respectively.

Speedcast International (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF) revenue grew 21% to US$623.1 million, including US$7.5 million contribution from two acquisitions completed in 2018 and the full year impact of acquisitions completed in 2017.