Last 5,111
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space communication ltd (SCC) Snapshot

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02/16/14 - $7,099
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11/4/13 - $3,999
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space communication ltd (SCC) Details

Space-Communication Ltd. provides broadcasting and communications services to Direct-to-home (DTH) operators, TV broadcasters and programmers, government and corporate organizations, and VSAT network operators in Israel. The company offers broadcasting services, such as encryption services, satellite news gathering, packaging and up-linking the video signals, retransmission of TV channels, and broadcasting of TV programs; DTH digital TV services for multi-channel platforms; and TV and radio distribution services, as well as services to occasional use and satellite news gatherer customers. It also provides satellite Internet services, such as broadband Internet access to consumers and corporate users, business-to-business and business-to-consumer services, point-to-multipoint streaming solutions, secure file multicasting, congestion-free IP Trunking, and various on-demand services; and VSAT communications services. In addition, the company offers solutions to corporate and government networks comprising local area network interconnection; satellite VPN services; high speed secure data transmission; delivery of video, voice, and data applications to remote branches, including videoconference, telephony, and fax transmissions; Internet applications; point of sale applications, such as ATM and inventory reports; and deployment of VSAT networks, as well as teleports and cross region connectivity services. It operates the AMOS satellite fleet consisting of the AMOS-2 satellite that provides single-hop and two-way connectivity between the East Coast of the United States, the Middle East, Africa, and Europe; the AMOS-3 satellite, which has fixed beams delivers coverage in Europe and the Middle East; AMOS-4 that enables cross-band and cross-beam connectivity options; and AMOS-5 satellite, a fixed pan-African C-band beam and three steerable Ku-band beams that supports multiple transponders. The company was founded in 1994 and is based in Ramat Gan, Israel.

Founded in 1996

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space communication ltd (SCC) Key Developments

Abertis Confirms Bid For Space Communication

Abertis Infraestructuras S.A. (CATS:ABE) has confirmed that Hispasat, S.A. is bidding for a a controlling 64.4% stake in Space-Communication Ltd. (TASE:SCC) of its main shareholder Eurocom Holdings (1979) Ltd. A deal is yet to be finalized however. Abertis Infraestructuras S.A. would buy out the remaining shares and delist Space-Communication Ltd. if its bid were successful.

Investors Reportedly Revises Bids For Space Communication

Hispasat, S.A. and Asia Satellite Telecommunications Holdings Limited (SEHK:1135) reportedly revised their bid for Space-Communication Ltd. (TASE:SCC) of Eurocom Holdings (1979) Ltd. during the week ending February 28, 2014. A person close to Eurocom said there were four or five revised bids but gave no details. The sale is being handled by investment bank J.P. Morgan. According to Haaretz, Eurocom, which has a 64.5% stake in Spacecom, declined to comment. Apax Partners LLP recently dropped out of the bidding; the private equity firm apparently balked at the ILS 2 billion valuation that Eurocom was asking. Intelsat S.A. (NYSE:I) also dropped out.

Space-Communication Ltd., Annual General Meeting, Mar 12, 2014

Space-Communication Ltd., Annual General Meeting, Mar 12, 2014., at 11:00 Israel Standard Time.


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