Satellites

Intelsat acquires Comsat to strengthen it's govt sol. business unit

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/05/12/Intelsat.jpg?itok=AP8SiiRp

MUMBAI: Intelsat has announced that it has signed an agreement to acquire the assets of end-to-end communications services integrator Comsat General Corporation and certain of its affiliates, in a transaction which is expected to strengthen Intelsat's competitive position in the US government commercial satellite capacity and services market.

Comsat is a subsidiary of Lockheed Martin Corporation, which owns 24.1 per cent of Intelsat, Ltd.

The total agreed purchase price is approximately $90 million, including approximately $40 million that may be paid in the form of ordinary shares of Intelsat Ltd. Intelsat will also purchase an Atlas launch vehicle from Lockheed Martin Commercial Launch Services, Inc., an affiliate of Lockheed Martin, for the launch of a future satellite, informed an official release.

Comsat General is a provider of integrated satellite-centric communications services to commercial and government users, including the resale of satellite capacity purchased from Intelsat and other operators. In addition, it also provides value-added services such as bandwidth management and host nation agreement management.Under the transaction terms, Intelsat has agreed to acquire the customer contracts and vendor contracts associated with Comsat General's business, as well as Federal Communications Commission (FCC) and other governmental licenses, leased business premises and other related assets, said the release.

"This agreement is another step forward in our strategy to develop and grow our managed services capabilities in segments that we believe represent stable, long-term growth opportunities for fixed satellite services operators," said Intelsat, Ltd CEO Conny Kullman. "The US and other NATO country governments currently rely on commercial satellite capacity for a substantial portion of their mission-critical communications and customized services. We believe that the acquisition announced today, when completed, will solidify Intelsat's competitive position in this important market."

Intelsat Government Solutions Corporation president Susan Miller said, "Government agencies from the US and other countries already depend on Intelsat's global network resources for a variety of communications needs. We look forward to directly serving these key customers with a greater range of end-to-end solutions upon the closing of this acquisition."

The closing of the transaction is subject to the satisfaction or waiver of several conditions, including the receipt of US FCC, US Department of Defense and other governmental approvals. Intelsat currently expects the closing of the transaction to occur in the fourth quarter of 2004

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/02/sa.jpg?itok=TZkPdKoY
Launch of SES-12 to assist Digital India vision

The successful launch of SES-12, which provides coverage over Asia will assist the acceleration of the country’s push towards a digital India and financial inclusion initiatives, according to a leading satellite industry expert as per a report by the Press Trust of India from London.

Satellites Satellite Launches
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/02/sate.jpg?itok=A4RnU9tG
MEASAT adds 3 channels from South Asia

MEASAT satellite systems, on 2 July, expanded its video region in South Asia with the distribution of News24, Sagarmatha TV and Prime TV. The satellite system is a premium supplier of communication and video services to leading broadcasters, direct-to-home (DTH) platforms and telecom operators.

Satellites Satellite Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/02/mage.jpg?itok=bwa42rEq
MEASAT to display Next Generation Compression for UHD channels distribution

MEASAT Global Berhad (“MEASAT”) announced today a showcase in collaboration with NovelSat and V-Nova to demonstrate cutting-edge compression for Ultra High Definition (UHD) primary distribution over satellite.

Satellites Satellite Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/26/casbaa.jpg?itok=Dc_Xw4eG
24% Hong Kong viewers use TV boxes to stream pirated content: CASBAA

In a recent survey of the content viewing behaviour of Hong Kong consumers, released by CASBAA, the trade association for the video industry and ecosystem in Asia-Pacific

Satellites Satellite Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/26/abs.jpg?itok=HkTj-acP
Did govt pressure nudge ABS-2 to shutter Indian TV channels on FTA DTH service?

NEW DELHI: ABS has closed the doors from 1 May 2018 on Indian TV channels that were using the ABS-2 satellite-beamed FTA Ku-band platform. Apparent reason: Indian government pressure on local TV channels to stop using the 'unlicenced' platform that discouraged payment of carriage fee to the...

Satellites Satellite Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/04/24/Isro_Gsat-11.jpg?itok=j4SO5uwk
ISRO’s Gsat-11 sent back from space centre ahead of May-end launch

NEW DELHI: In what was being touted as probably the last Indian satellite launch by a foreign space agency, ISRO’s heavy-duty GSAT-11 communications satellite has been sent back to India for “unexplained” reasons from the Europe-based launch pad, according to a media report from Paris.

Satellites Satellite Launches
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/04/05/isro.jpg?itok=01NfeBMX
ISRO launched 8 communication satellites over 4 years

NEW DELHI: Eight communication satellites were launched by India’s space agency ISRO over the last four years that carried transponders in various frequency bands of C, extended C, Ku, Ka and S for telecommunications, broadcast and mobile communication services. Navigation satellites were part of...

Satellites Satellite Launches
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/03/27/isro.jpg?itok=z576q94m
ISRO readies GSAT-6A satellite for launch

MUMBAI: Indian Space Research Organisation (ISRO) is set to launch its high-power GSAT-6A communications satellite onboard GSLV Mk-II (GSLV F08) on 29 March 2018. The government-funded organisation will use one of its rockets for the launch, from the Sriharikota island site in Andhra Pradesh...

Satellites Satellite Launches
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/10/PSLV%20satellites_1.jpg?itok=Yw-BT7At
ISRO eyes 100th satellite on 12 Jan; GSAT-11 launch in April

NEW DELHI: The Indian Space Research Organisation (ISRO) will launch its 100th satellite along with 30 others, including those from other countries, in a single mission on 12 January 2018 from Sriharikota It will be a milestone event in the country's space history even as communications satellite...

Satellites Satellite Launches

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories