Yet another satellite-based communications company has stepped up to the plate and knocked the stitches off the ball. GlobecommSystems
In its discussion of the results, management singled out three "key" contracts that are expected to anchor revenues for the next few years, bringing in additional businesses through their mere presence. There's something to be said for impressing prospective customers with brand-name deals, and these three signings certainly qualify.
The star customers this year were communications expert Harris
Moreover, the company has a finger in the Internet Protocol Television (IPTV) pie already and should be ready to build out IPTV infrastructure for telecoms and cable operators when they're ready to take the plunge into the next generation of media delivery systems.
Globecomm's competitors aren't doing badly these days, either. Andrew
Fool contributor Anders Bylund is a Disney shareholder, but he holds no other position in any of the companies discussed here. You can check out Anders' holdings if you like. Foolishdisclosure ensures a static-free relay every time.
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