Month: August 2004

El Segundo, Calif.-based DirecTV [DTV] gained approval from the Federal Communications Commission (FCC) to relocate the company’s DirecTV 5 satellite to the 72.5 degree W orbital slot controlled by Telesat...

Premiere, the German satellite pay-TV operator, reached profitability in the second quarter this year. Premiere’s CEO Georg Kofler commented, “Premiere has finally turned EBITDA positive, a major milestone has been...

The Aerospace Industry Association (AIA) promoted Bruce Mahone to the position of assistant vice president of technical operations, responsible for coordinating the activities of AIA’s Technical Operations Council. Mahone has...

Affiliates of Kohlberg Kravis Roberts & Co. L.P., The Carlyle Group and Providence Equity Partners Inc. (KKR) appear to be looking to make a serious bid for Intelsat. The KKR...

Kistler Aerospace’s board of directors boosted the bankrupt company’s efforts to raise $500 million to complete the development of a reusable launch vehicle by naming two prominent industry executives to...

Englewood, Colo.-based EchoStar Communications [DISH] briskly grew its subscribers and revenues during second-quarter 2004, compared to the same quarter last year. According to CEO Charlie Ergen, his performance left it...

By Paul Dykewicz, senior editor and senior analyst One of the most important parts of decision-making for business executives is to know the competitive advantages of one’s own company, and...

India scheduled the launch of its Edusat satellite for mid-September. The launch of the satellite, dedicated to delivering educational content to Indian users, will be a milestone for the Indian...

ITT Industries Inc. [ITT] completed the purchase of the Remote Sensing Systems (RSS) business from Eastman Kodak Co. [EK] for $725 million in cash. According to the buyer, the acquisition...

Frank Tyler, AVC Broadband‘s managing director, is confident that the satellite broadband provider can make an impact in the U.K. broadband market place. AVC Broadband is part of AVC Wireless...