McLean, VIRGINIA — Intelsat expects to earn $2.1 billion in revenue this year, CEO David Wajsgras said during an investor day event on Nov. 30, giving a rare look at the company’s finances and outlining its “strategic reset” from a bandwidth supplier to an end-to-end solutions provider.  Executives said Thursday that the company is in…

Israeli satellite communication chipsets and systems developer SatixFy boasted an increase in product sales and revenue in its consolidated financial results for the nine-month period ending in September. The results, released early on Thursday, showed SatixFy's total revenue increasing 31% to $8.9 million. The company reached $6.8 million in revenue during the first nine months of…

Smaller Geostationary Orbit (GEO) operators are looking at their role in a changing satellite industry. One of the interesting operators to look at here is ABS, which has expanded beyond its original footprint in Asia to offer services in other regions across the world. Last year, ABS hired one of Yahsat’s best known execs, Amit…

Telenor Group is selling its Telenor Satellite subsidiary to Space Norway, the company announced last week.  Both entities are owned by the Norwegian government. Telenor is Norway’s majority state-owned telecommunications company, and Space Norway is owned by the Norwegian Ministry of Trade, Industry and Fisheries and is a key part of the country’s activities in…