Satellite Today

2009: A Year in Review

The satellite sector rode out an economically challenging 2009 in better shape than most other businesses, as long-term contracts and the need for communications and entertainment kept satellite services in high demand.

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On Nov. 14 2008, it was announced that the Eurozone (European Union Member States) had gone into recession, and on Nov. 27, the European (EU) unveiled the EU Recovery Plan which aimed to pump billions of euros into the market to boost economies throughout Europe. On Dec. 1, the National Bureau of Economic...

 

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