Author: Staff Writer

Telenor Satellite Services, a subsidiary of Telenor of Norway [TELN], today said it purchased GMPCS Personal Communications Inc., a full service provider of global mobile personal communications via satellite. GMPCS...

The DirecTV Group Inc. [DTV] and PanAmSat Corp. announced that the completion of PanAmSat’s sale to affiliates of Kohlberg Kravis Roberts & Co. L.P., The Carlyle Group, and Providence Equity...

Orbimage yesterday said its OrbView-2 satellite, which just passed its seventh year of successful service, is expected to remain in service for at least another three to five years. That...

The Federal Communications Commission (FCC) today released an order modifying the reporting requirements for satellite outages. The rules apply only to voice and paging communications offered by satellite operators and...

Loral Space & Communications Ltd. [LRLSQ] and certain of its subsidiaries today filed a proposed reorganization plan with the U.S. Bankruptcy Court for the Southern District of New York, and...

Affiliates of Kohlberg Kravis Roberts & Co. L.P., The Carlyle Group and Providence Equity Partners Inc. are scheduled to acquire The DirecTV Group’s equity stake in PanAmSat tomorrow. In anticipation...

Despite softness in the Asia marketplace right now, AsiaSat saw its revenues increase in the first half of 2004, reaching $70.6 million, a 21-percent increase compared with last year. This...

Raytheon [RTN] won a $1.6 billion, multiyear contract for a full-rate production (FRP) run of Tactical Tomahawk Block IV cruise missiles for the U.S. Navy and for Britain’s Royal Navy....

Downward pressure on transponder pricing caused operating profits to slip at New Skies Satellites N.V. [NSK] during second-quarter 2004, compared with the same quarter last year. Two non-recurring events, including...

How many times have you caught the tail end of a bit on morning radio or the final seconds of a song you’ve been waiting to hear and then wished...