Month: August 2004

Patrick K. Brant has been named president of Loral Skynet, the satellite operating business unit of New York-based Loral Space & Communications, succeeding Terry Hart, who is leaving after seven...

Hispasat is confident it will be successful in generating significant revenues from the Latin American broadcast and telecom markets now that its Amazonas satellite was launched yesterday. Hispasat CEO Jacinto...

The most reliable satellite with the lowest percentage of in-orbit insurance claims and the broadest communications applications is the Lockheed Martin Commercial Space Systems A2100 model spacecraft, according to the...

Modern Times Group (MTG) subsidiary Viasat, a pay-TV operator in the Nordic region, reports 642,000 digital pay-TV subscribers at the end of June. So far this year, the DTH operator...

Bethesda, Md.-based NetJets Inc., which offers executives the feel of owning a corporate jet at time-share prices, is ordering 50 AirCell ST 3100 Iridium satellite communication systems for its growing...

Gilat Satellite Networks Ltd. [GILTF] today reported second quarter earnings of $57.5 million, an increase of $5.4 million earned during the second quarter of 2003. The company also reported its...

El Segundo, Calif.-based satellite TV operator DirecTV boosted its second-quarter 2004 revenues to $2.64 billion, marking a 21-percent jump from the same period last year. However, the company’s bottom-line operating...

Washington, D.C.-based XM Satellite Radio [XMSR] today raised its subscriber guidance for year-end 2004 from 2.8 million subscribers to 3.1 million. The move came in conjunction with the company’s release...

Globecomm Systems Inc. [GCOM] was awarded two contracts totaling $7.7 million for satellite up-linking infrastructure. Although the company did not specifically identify from whom the contracts came, Globecomm said one...

Verizon Communications [VZ] today became the latest phone company to bundle its services with DirecTV direct-to-home satellite television service offered by The DirecTV Group [DTV]. Verizon will be offering discounts...