PARIS — Satellite broadband provider Hughes Communications, which in June was purchased for $2.2 billion by satellite television set-top box builder EchoStar, increased its U.S. consumer broadband subscriber base by 2 percent in the three months ending June 30, EchoStar said Aug. 9.
PARIS — Satellite broadband hardware and service provider Gilat Satellite Networks on Nov. 17 reported slightly higher revenue for the three months ending Sept. 30 after one-time gains are excluded and said its recent acquisitions have positioned the company to enter the U.S. defense market.
Cash-flush Satellite Operators See Divergent Paths to Greater Profits: SES Still Hungry for Acquisitions
PARIS — Satellite fleet operator SES on July 30 said it is weighing expansion in Latin America, Asia and even Canada and has not ruled out using its huge cash flow starting in 2012 to purchase growth, whether by acquisition or by securing new orbital slots.
COLORADO SPRINGS, Colo. — Merger and acquisition activity among space companies is increasing and a new round of initial public offerings may be on the horizon, according to financial analysts speaking April 13 at the Space Foundation’s National Space Symposium here.