Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”)  reported financial results for the first quarter of 2018 and affirmed its full-year 2018 and long-range outlook.  Net income was US$ 11.5 million, or $0.07 per diluted share, for the first quarter of 2018, as compared to US$ 37.9 million, or $0.30 per diluted share, for the first quarter of 2017. 

NSR’s Wireless Backhaul via Satellite, 12th Edition report, released today, forecasts annual satellite capacity revenues reaching $4 billion by 2027, serving over 3 Tbps of demand. Mobile Backhaul captures the greatest opportunities, as satellite usage increases among MNOs and becomes a widespread solution. Lower capacity prices are reviving Trunking, as new demand is emerging from previously un-addressable markets.

Intelsat S.A.  today announced the final results of its previously announced tender offer by its indirect subsidiary, Intelsat Connect Finance S.A. (“ICF”), to purchase for cash any and all of the outstanding 6 3⁄4% Senior Notes due 2018 (CUSIP No. 458204 AN4; ISIN No. US458204AN49) issued by Intelsat (Luxembourg) S.A., a subsidiary of Intelsat S.A. and ICF’s direct parent company, that are not already held by ICF.

C-COM Satellite Systems Inc.(TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for the fiscal year ended November 30, 2017. The company has generated revenues of CDN$ 10,282,319 and a net after tax profit of CDN$ 1,035,744 or 3 cents per share. This compared with revenues of CDN$ 9,267,750 and a net after tax profit of CDN$ 1,020,234 or 3 cents per share as reported in 2016, representing an increase of 10.9% and 1.5% respectively.

The organizers of SATELLITE 2018 are pleased to announce today that John Finney, founder of Isotropic Systems, will deliver the Lunch Keynote address for all conference attendees on Monday, March 12, 2018 at 12:15pm. Finney will appear on stage to share his vision of the satellite industry’s future by leveraging the massive high-throughput satellites coming on line by implementing the company’s transformational, next-generation terminal technology.  

UHP Networks, a leading global manufacturer of advanced VSAT equipment and solutions, announced record sales results in 2017, confirming its reputation as the world’s fastest growing VSAT technology. Company revenue has been growing at more than 40% CAGR over the last three years. Throughout 2017, the manufacturer shipped 31 VSAT Hubs and more than 10,000 remote terminals. UHP Networks won significant network projects with Tier 1 operators, with each network counting geographically redundant high-availability Hubs and many hundreds of remote terminals.

The events partnership of Global VSAT Forum (GVF) and UK Event Management Partners (EMP) has announced details of its series of programmes taking place in March, May, June and July 2018, beginning with Connectivity 2018: Evolving the "New" New Verticals – Air – Sea – Surface - Rail, to be held in London’s Canary Wharf distr

Italian infrastructure group Atlantia announced that Spanish toll road operator Abertis had agreed to sell its 89.7 percent stake in Spanish satellite operator Hispasat to Red Electrica for €949 million (approximately US$ 1.1 Billion).

In October, Atlantia and Spain’s ACS completed a €16.5 billion acquisition of Abertis.

The business environment in which teleport operators work is being disrupted by technology and market change. Their established businesses face disruption from new models of connectivity (HTS, MEO and LEO), by the rising domination of software over hardware, and customer demands for seamless global service. They are disrupting their own operations by innovating up the value chain to meet new customer needs, which requires a new depth of technology knowledge and strong management skills.