Month: March 2003

Sirius Satellite Radio [Nasdaq: SIRI] said its stockholders have overwhelmingly approved the company’s proposed recapitalization. A majority of Sirius (New York City) stockholders voted to approve transactions to exchange $700...

M2sat and Thuraya Satellite Telecommunication are teaming up to offer satellite broadband services of 192 Kbps to the international broadcasting industry and other high-capacity users. Thuraya’s (Abu Dhabi, UAE) satellite...

EchoStar Communications [DISH] netted approximately 400,000 new subscribers during the fourth quarter to boost its subscriber total to 8.18 million at the end of 2002. EchoStar (Littleton, Colo.) also reported...

WASHINGTON, D.C. -Large satellite operators looking for merger partners are unlikely to forge deals anytime soon. For example, Eutelsat’s shareholders appear content to wait until valuations rise before considering the...

WASHINGTON, D.C. -The troubled economy in Latin America has not deterred a number of satellite operators in that marketplace from making strategic plans to invest heavily to grow their services...

The continent of Africa offers some strong growth opportunities for satellite and mobile telecom operators, according to a study by CIT-PriMetrica. CIT-PriMetrica’s “Yearbook of African Telecommunications for 2003” identifies growth...

Loral Skynet, a subsidiary of Loral Space & Communications [LOR], provided in-orbit capacity to assist Discovery Health Network in presenting a live broadcast from inside maternity wards of hospitals in...

WASHINGTON, D.C. – In the near term, volatility in launch insurance and in-orbit coverage will continue as satellite manufacturers and launch services providers struggle to improve their fleets of satellites...

Week of Feb. 21 – 27, 2003 Percentage Change Symbol Feb. 27 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.57 (0.6) (10.3)...

Ramu Potarazu, president and chief operating officer of Intelsat Global Service, will be promoted to president and COO of the parent company Intelsat Ltd. this month, the company announced. Potarazu...