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Satellite Deals Of The Day

By Staff Writer | November 5, 2004
      • Inmarsat‘s regional BGAN ambitions have been given a boost, thanks to new deal with U.K. telco BT. BT and Inmarsat signed a deal that will see BT distribute Inmarsat’s Regional BGAN IP data service. As a distribution partner, BT will offer tailored end-to-end solutions for clients wanting a comprehensive mobile data service.
      • Sky Interactive formed a new partnership with the D&AD, a charity organization that promotes design and advertising, to drive creativity in the interactive TV arena still further. Sky and D&AD will be introducing an entirely new category to the D&AD Awards dedicated to creative excellence in interactive television. The DA&D awards are seen as some of the most prestigious in the advertising and design industry.
      • Sky and the DA&D also will be inviting creative agencies to take part in three focus groups aimed at raising the profile of interactive advertising within the creative community. Ian Shepherd, MD of Sky Interactive comments, “We hope that D&AD’s decision to create this new category for the D&AD Awards will not only reward the excellent work that is already being produced but also encourage even more creatives to explore the potential of interactive television.”

      • Austar and Foxtel inked deals with Virgin Blue to provide the airline with live, in-flight satellite television service. Financial terms of the deal were not disclosed.
      • Globecomm Systems Inc. [GCOM] entered into a loan modification agreement with Silicon Valley Bancshares [SIVB], the terms of which increased Globecomm’s existing capital line of credit from $10.5 million to $16.5 million. The company said it uses the line of credit to support outstanding letters of credit, bid proposals and performance guarantees.