Month: April 2004

The Carlyle Group Makes Satellite Acquisition

The Carlyle Group, a large private equity firm, purchased satellite service provider Kingston Inmedia from Kingston Communications for $60.3 million in cash.Kingston Inmedia delivers enterprise, broadcast and Internet solutions to...

Arianespace Posts 2003 Profit

Arianespace officials today reported sales of $669.2 million, which contributed to a net profit for the year of $11 million. Contributing to the profitable year were the reaffirmation of support...

New Skies The Latest Operator In Play

New Skies Satellites N.V. [NSK] confirmed Friday it is working with Goldman Sachs to explore ‘alternatives’ in light of its recent unsuccessful attempt to buy its bigger rival PanAmSat [SPOT]....

Arinc Delivers Satphone Service To USAF

Arinc Inc. officials said today they would provide a new global satellite telephone service to support the U.S. Air Force Air Mobility Command‘sfleet of heavy transport and tanker aircraft. Satellite...