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Telstar 18 Enters Commercial Service
Loral Space & Communications [LRLSQ]reports the Telstar 18 satellite completed its in-orbit testing and is now fully operational. The satellite had some initial troubles after being dropped into a lower-than-expected […]
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Precisa Taps Sarantel For GPS Antennas
U.K.-based miniature-antenna manufacturer Sarantel today was chosen by Precisa to supply the GeoHelix GPS antenna for its Secufone, a GSM mobile phone with a personal alarm and service button that […]
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Viaccess Goes ‘Home’ In The U.S.
Viaccess, the French conditional access (CA) provider, won a key contract in the North American ethnic-TV market. Viaccess, a France Telecom company, signed a deal with U.S. operator Home2US Communications, […]
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ARINC To Showcase Airborne Broadband Internet Service
Move over, Connexion by Boeing. Annapolis, Md.-based ARINC Inc. plans to roll out a high-capacity satellite broadband system for commercial airlines that will be demonstrated at the World Airline Entertainment […]
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The Satellite News Financial Ticker
Week of August 13-19, 2004 Percentage Change Symbol Aug. 19 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.37 (8.7) (15.4) (20.8) (42.4) […]
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AGS Aims For 30-Percent Growth In 2004
SES Americom’s government operation Americom Government Services (AGS) is expecting a strong performance this year, targeting 30 percent revenue growth in 2004. With demand rising from government customers, the operator […]
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U.S. DBS Operators Lead Worldwide Sub Growth
While a number of European satellite pay-TV operators have been struggling to add subscribers, both U.S. direct broadcast satellite (DBS) service providers — DirecTV and EchoStar Communications [DISH] — have […]
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Video Glows As Bread-And-Butter Business
By Patrick M. French Television broadcasting is a key driver for the satellite industry, yet video sometimes is taken for granted and overlooked as a critical segment to the health […]
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Spotlight: Hurricane Charley Draws Fast Response
The estimated $10 billion-plus in damages caused by Hurricane Charley in Florida a little more than a week ago allowed Hauppauge, N.Y.-based Globecomm Systems Inc. [GCOM] to showcase the critical […]
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Further Consolidation Among Operators Is Ahead
Last week’s announcement that Intelsat would be sold to a group of four private equity investment firms marks the third acquisition of a satellite operator by such buyers so far […]
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FCC Slot Order May Be Prelude
A recent Federal Communications Commission (FCC) order that allows El Segundo, Calif.-based DirecTV to use an orbital slot at 72.5 degrees W controlled by Telesat Canada shows that that U.S. […]
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Intelsat’s Buyers Eye Cash Flow
Intelsat Ltd. is destined for internal change after a group of four private equity firms agreed to purchase it last week in what is the latest of a continuing series […]
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Breaking News: Loral Prospects Rise
The business prospects for a restructured Loral Space & Communications Ltd. [LRLSQ] appear “very good,” said Patrick Fuhrmann, an independent satellite analyst. Its plan to emergence from Chapter 11 protection […]
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Merrill Lynch Renews Contract With Convergent
Merrill Lynch renewed its contract with Convergent Media Systems for another five years, making Convergent the exclusive satellite communication services provider to the financial giant in the United States and […]
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Rainbow DBS Benefits From Parent Financing
Rainbow National Services LLC, a subsidiary of Cablevision Systems Corp. [CVC], just closed an offering of $300 million worth of 8.75 percent senior notes due 2012; for $500 million worth […]
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DirecTV Signs Exclusive Deal With WAPA-America
Direct-to-home satellite television service provider DirecTV Inc. [DTV] inked a deal with LIN TV Corp. [TVL] to be the exclusive satellite distributor WAPA-America, a Puerto Rico-based network for news, movies […]
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ESA Ready To Look Into Envisat Results
The European Space Agency (ESA) will host a meeting next month for more than 700 scientists from 50 countries who will analyze the performance of the agency’s Envisat satellite mission. […]
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AGS Awarded AFRTS Contract
Americom Government Services (AGS), a subsidiary of SES Americom, won a contract from the Armed Forces Radio and Television Service to launch a new Pentagon Channel that will broadcast all […]
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Orbimage Expects Up To Five More Years Of Service From OrbView-2
Orbimage yesterday said its OrbView-2 satellite, which just passed its seventh year of successful service, is expected to remain in service for at least another three to five years. That […]
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Equity Investors Complete Purchase Of PanAmSat
The DirecTV Group Inc. [DTV] and PanAmSat Corp. announced that the completion of PanAmSat’s sale to affiliates of Kohlberg Kravis Roberts & Co. L.P., The Carlyle Group, and Providence Equity […]
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Telenor Acquires GMPCS
Telenor Satellite Services, a subsidiary of Telenor of Norway [TELN], today said it purchased GMPCS Personal Communications Inc., a full service provider of global mobile personal communications via satellite. GMPCS […]
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Intelsat Pre-Books 35,000 Channel Hours For Olympics
Intelsat today said it pre-booked more than 35,000 hours of programming from the Summer Olympic Games in Athens for 50 channels. Intelsat said the programming represents the equivalent of nearly […]
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MTG Strengthens Russian Position
Modern Times Group (MTG) has strengthened its position in Russia by increasing its stakes in DTV, a Russian Free-To-Air (FTA) channel and StoryFirst Communications, a U.S. entity that owns and […]
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StarBand Launched SOHO Service
StarBand has launched its new StarBand 484 Small Office two-way satellite Internet service. The service provides the fastest SOHO (small office/home office) upload speed, up to 256 kbps, for a […]
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News Skies Reports Narrowing Operating Profits
Downward pressure on transponder pricing caused operating profits to slip at New Skies Satellites N.V. [NSK] during second-quarter 2004, compared with the same quarter last year. Two non-recurring events, including […]
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Raytheon Inks $1.6 Billion Cruise-Missile Contract
Raytheon [RTN] won a $1.6 billion, multiyear contract for a full-rate production (FRP) run of Tactical Tomahawk Block IV cruise missiles for the U.S. Navy and for Britain’s Royal Navy. […]
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AsiaSat Beats Economic Odds
Despite softness in the Asia marketplace right now, AsiaSat saw its revenues increase in the first half of 2004, reaching $70.6 million, a 21-percent increase compared with last year. This […]
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PanAmSat Sale Closes Tomorrow
Affiliates of Kohlberg Kravis Roberts & Co. L.P., The Carlyle Group and Providence Equity Partners Inc. are scheduled to acquire The DirecTV Group’s equity stake in PanAmSat tomorrow. In anticipation […]
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Loral Files Reorg Plan
Loral Space & Communications Ltd. [LRLSQ] and certain of its subsidiaries today filed a proposed reorganization plan with the U.S. Bankruptcy Court for the Southern District of New York, and […]
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FCC Orders Certain Satellite Operators To Report Outages
The Federal Communications Commission (FCC) today released an order modifying the reporting requirements for satellite outages. The rules apply only to voice and paging communications offered by satellite operators and […]