SES will earn an additional $170 million from Verizon through accelerated clearing
(BUSINESS WIRE)-- SES, the leader in global content connectivity solutions, announced an agreement with Verizon Communications to expand the US-based mobile carrier’s access to a portion of the C-band (3700-3800 MHz) in important regions across the US earlier than the relocation deadlines set out in the U.S. Federal Communication Commission’s (FCC) C-Band Report and Order.
SES has already completed its Phase I accelerated C-band clearing ahead the first FCC deadline of 5 December 2021, a critical step in meeting the Commission’s objectives to rapidly roll out 5G services across the US, and as a result earned almost $1 billion in accelerated relocation payments. To meet the Phase II deadline of 5 December 2023, SES is working to relocate its existing services from the 3700-4000 MHz band and complete equipment changes for Incumbent Earth Stations across the entire conti
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DUBAI, United Arab Emirates-Tuesday 22 March 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- Wallet Factory, a FinTech service and enterprise solution provider, is pleased to announce the official opening of its new office in Dubai, the United Arab Emirates. The company has boosted its regional presence in the MEA region through a strategic and exclusive partnership with MDSap, a Gold Partner of SAP and part of the Midis Group that serves enterprise customers in MENA, Turkey and Central Europe.
The expansion of Wallet Factory in the Middle East and Africa reflects the company's strong commitment to providing more comprehensive support to its partners during communication with current and prospective customers in the region.
“We are thrilled to partner with MDSap, a leading provider of high quality professional services that implements world-class integrated solutions,” said Michael Miro, CEO of Wallet Factory. “Dubai is an expected step for us to
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LONDON-Monday 21 March 2022 [ AETOS Wire ]
CONSOLIDATED HIGHLIGHTS – FOURTH QUARTER 2021
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Completed $378 million IPO on the NYSE on October 14, 2021
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Issued $500 million aggregate principal amount of 5.625% Senior Notes due 2026 and $500 million aggregate principal amount of 6.25% Senior Notes due 2028 on November 18, 2021, to refinance the $510 million of 7.125% Senior Notes due 2025 and for general corporate purposes
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Revenue increased 12.1% (or 14.5% organically) to $415.6 million
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Loss for the period was $72.3 million
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Adjusted EBITDA was $216.6 million and Adjusted EBITDA margin was 52.1%
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Cash from operations was $190.2 million
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Recurring Levered Free Cash Flow (“RLFCF”) was $87.9 million
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Signed a partnershi
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The success of Kymeta’s u8 family of products over the past year has heightened customer and investor interest and will accelerate with new pricing, availability of the Osprey u8, and future product iterations
REDMOND, Wash.-Tuesday 22 March 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- Kymeta (www.kymetacorp.com), the communications company making mobile global, announced today the introduction of three new product brands for the u8 terminal including the Hawk TM u8, Goshawk TM u8, and Osprey TM u8. Along with unveiling the new Kymeta branding, the company announced the Osprey u8 product for the military is now shipping. In addition, the company introduced significantly lower pricing for the Hawk u8 that will open additional markets and vertical opportunities.
This follows last week’s news of $84 million in new financing for Kymeta to further evolve the company’s growth as it prepares to expand offerings for LEO and defense customers and evolve th
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Acquisition scales US Government business and expands the capabilities and solutions for US Government customers ahead of the launch of SES’s unique multi-orbit network, O3b mPOWER
LUXEMBOURG-Tuesday 22 March 2022 [ AETOS Wire ]
(BUSINESS WIRE)-- SES S.A. today announces an agreement to acquire DRS Global Enterprise Solutions (GES), a US-based subsidiary of Leonardo DRS, for $450 million. On completion of the transaction, which is subject to completion of regulatory approvals expected to be completed during H2 2022, the GES business will be combined with SES Government Solutions (SES GS), a wholly owned subsidiary of SES, creating a scaled solutions provider serving the critical connectivity needs of the US Government.
“This investment reinforces our commitment to provide industry-leading solutions and services for government customers while delivering sustained growth for SES in a high-value segment in which we have a track record of partnership
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NEW YORK-Tuesday 22 March 2022 [ AETOS Wire ]
Consumers are traveling to see the people and places they love, celebrate important life events, embark on wish list trips, experience in-person events, and to seek greater wellness and self-care
86% of respondents are planning to spend more or the same on travel in 2022 compared to a typical pre-pandemic year1
(BUSINESS WIRE) -- American Express (NYSE:AXP) released the American Express Travel: 2022 Global Travel Trends Report1 today, which shows people are looking forward to more trips than last year and planning to spend more or the same on travel in 2022 compared to a typical pre-pandemic year. The report, based on data from the United States, Australia, Canada, Mexico, Japan, India and the United Kingdom, reveals consumers are traveling to see the people and places they love, celebrate important life events, embark on wish list trips, experience in-person events, and to seek greater wellness and self-care. In
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HERZOGENAURACH, Germany-Monday 21 March 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- PUMA player Sara Björk Gunnarsdóttir defied the odds and battled through many hurdles to make her long awaited return to elite level football this weekend when Olympique Lyonnais faced Dijon in Ligue 1 Féminine.
Back in September of 2021, Sara began working closely with PUMA to document her journey as she prepared to give birth and attempt to return to elite level sport. The journey has featured blogs and social content amplified through PUMA’s ‘She Moves Us’ platform to raise more awareness of the difficulties female athlete’s still face when becoming pregnant.
An extraordinary four months after giving birth to her son, Sara returned to the pitch to crown off an incredible journey that has seen her achieve the goal she had set herself when she first learned of her pregnancy.
Many athletes encounter challenges and uncertainty over their careers when
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PARIS-Monday 21 March 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- SEKOIA, a European cybersecurity company specializing in cyber threat Detection & Response, will for the first time be at GISEC 2022 (Gulf Information Security Expo and Conference) in Dubai, March 21–23.
The company will showcase France’s world-class cyber expertise with SEKOIA.IO XDR, its flagship Extended Detection and Response (XDR) platform, besides its award-winning threat intelligence products.
Innovative, collaborative solutions for CTI management
At the heart of SEKOIA’s offering is its XDR solution which leverages cyber threat intelligence (CTI) to neutralize threats before impact. Thanks to its signature CTI feed & database, SEKOIA.IO ensures companies are ready to face cyberattacks with advanced threat knowledge, robust incident detection and response capabilities, and scalable deployments.
To provide customer organisations with bespoke threat int
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New Product Uses Esri Data and Geocoding to Expand Financial Services to Underserved Markets
REDLANDS, Calif.-Monday 21 March 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- MO Technologies, which offers financial technology (fintech) companies a more complete view of a person's creditworthiness through location intelligence, has adopted Esri's ArcGIS Platform to provide the precise, frequently updated data at the core of MO's tools used to complement traditional credit scoring models.
Understanding that the financial life of a person doesn't always fit the mold used by credit scoring bureaus and banks, leaders at MO&nbs
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- Delivering hundreds of thousands of forgery-proof English test score reports, secured via blockchain -
PARIS-Monday 21 March 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- How can organisations protect against fraudulent certifications or fake English assessment test results? How can test takers in Europe receive their TOEIC® test results in one click? How can test takers in Europe be sure that their test results are certified, tamper-proof and secure? To answer these questions, ETS Global, a subsidiary of ETS, chose to collaborate with BCdiploma, the industry-leading company for the digitisation of academic documents via blockchain technology. In Europe, ETS Global and BCdiploma are working on securing hundreds of thousands of digital TOEIC score reports via blockchain. For ETS Global, this is another step in its digital transformation. Starting from January 2022, TOEIC digital score reports are available in France and will be available across Eur
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(BUSINESS WIRE) -- Schlumberger Limited (NYSE:SLB) will hold a conference call on April 22, 2022 to discuss the results for the first quarter ending March 31, 2022.
The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.
To access the conference call, listeners should contact the Conference Call Operator at +1 (844) 721-7241 within North America or +1 (409) 207-6955 outside of North America approximately 10 minutes prior to the start of the call and the access code is 8858313.
A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at www.slb.com/irwebcast until May 22, 2022, and can be accessed by dialing +1 (866) 207-1
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Turkey-based technology company will introduce OxsTribe at AIBC Summit to be held in Dubai.
DUBAI, United Arab Emirates-Monday 21 March 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- Coinoxs, a Turkey-based technology company offering blockchain-driven solutions, will introduce the world's first next-generation community NFT, OxsTribe, at the AIBC Summit to be held in Dubai between March 20 and March 23. The summit will welcome 15,000 people from around the world, including companies, investors, blockchain and web3 enthusiasts. Coinoxs CEO and founder, Can Azizoğlu, said: "With OxsTribe, the NFT collection of the world's first digital and yet physical social club, we are opening up to the world via blockchain."
A next-gen community NFT
The VIP launch of OxsTribe NFTs will take place at the AIBC Summit on March 21 and registration for the waiting list will start on the same day. Once the Whitelist criteria are set out, OxsTribe NFTs owne
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PRCA MENA announced winners across 26 categories for campaigns undertaken by communications professionals in the region during 2021
DUBAI, United Arab Emirates-Monday 21 March 2022 [ AETOS Wire ]
In recognition of the most outstanding PR campaigns and talent contribution to the industry, the sixth edition of the coveted PRCA MENA Awards feted the best of teams, campaigns, and individuals with 28 awards. The ceremony was held at Rixos Premium Dubai JBR and sponsored by 3Gem.
Being the industry’s top benchmarking event that showcases PR influence, the evening witnessed leading practitioners and campaigners from across the Middle East and North Africa region represent innovation and quality work. The Awards were a huge success with more than 100 entries than last year.
The judging was done by an esteemed jury of 38 industry leaders from across the world and members of the Public Relations and Communications Association (PRCA), the world’s lar
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CHICAGO-Monday 21 March 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- Today, NielsenIQ announced they have acquired ciValue, a SaaS (Software as a Service) vendor of choice for retailers globally that powers loyalty programs with advanced AI technology. With this acquisition, NielsenIQ’s Retail Media vertical takes its next steps towards enabling smarter, more automated and more scalable retail media programs.
Integrating ciValue’s global platform assets into NielsenIQ’s powerful Connect platform will provide innovative capabilities for retailers, including audience building and insights. This dynamic platform will also support personalization capabilities that are incremental to NielsenIQ's core capabilities, which the retail industry relies on for critical decision making.
“Integrating the ciValue platform with Connect is a game changer for retailers globally,” says Xavier Facon, Global Head of Retail Media with NielsenIQ. “
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