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Space Systems Contribute To 2Q Lockheed Martin Growth
Lockheed Martin [LMT] today reported that sales and operating profits in its Space Systems segment contributed to the company’s second-quarter growth. For the second quarter, net sales in the Space […]
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Moving Up
PanAmSat Corp. promoted Mike Antonovich to executive vice president of global sales and marketing. He has been with PanAmSat since 1989, and he has served in a variety of senior […]
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The Satellite News Financial Ticker
Week of July 16 – 22, 2004 Percent Change Symbol July 22 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.58 (4.2) (16.4) […]
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Pace Credits Satellite For A Return To Profitability
Pace Micro Technology [PACE.L] hopes its recent return to profit signals an upsurge in fortune. The set-top box manufacturer had a tough financial year in 2003, reporting an overall loss […]
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MTV Networks Europe CEO Ready For German Assault
Viacom’s acquisition of German media company VIVA Media will change the face of the youth entertainment market in Europe. The deal, which happened in June, saw Viacom acquire a majority […]
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Caught Between A Milestone and A Hard Place
By Maury Mechanick, White & Chase On June 24, the Federal Communications Commission released two orders dealing with the consequences of failure to comply with milestone requirements contained in licenses […]
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DigitalGlobe Imagery Helps Mississippi Protect Coast
The Mississippi Department of Marine Resources (DMR) has elected to incorporate DigitalGlobe’s innovative QuickBird satellite imagery into its current geographic information system (GIS) to help with the management and protection […]
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Sirius Makes Progress In XM’s Shadow
By Paul Dykewicz Sirius Satellite Radio is the Rodney Dangerfield of satellite broadcasting. The company gets little or no respect, just as the famous American comedian humorously laments about himself […]
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SBR Causes ‘Confusion’ In Congress
According to an executive from one of the United States’ top defense contractors, the Pentagon’s failed advocacy for the Space Based Radar (SBR) satellite program on Capitol Hill was due, […]
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The Money Is There
The profit potential of offering a Wi-Fi hot spot is substantial. If a retailer charges an average of $6 per use, beginning with three users a day in the first […]
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HNS Rides The Wi-Fi Wave
Germantown, Md.-based Hughes Network Systems is looking to ride the growth of Wi-Fi (wireless fidelity) services by providing connectivity to retail establishments that offer the service in addition to their […]
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At Press Time: Smaller Is Better
Satellite News has learned that Sen. Wayne Allard (R-Colo.) is calling on the U.S. government to shift its focus from large satellites that have lots of technology packed onto them […]
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In Face Of Criticism, XM Launches More Local Traffic, Weather
Even though it has been openly criticized for offering local weather and traffic reports, XM Satellite Radio [XMSR] is expanding this service by adding 24-hour weather and traffic channels for […]
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Satellite Imagery Contributes To New Weather Channel Wireless App
For the weather-obsessed, Air2Web today said the latest release of “The Weather Channel Interactive” will allow users to receive up-to-date looping satellite images of current weather patterns as well as […]
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Koochi Taps Gilat For VSAT Sites
Gilat Satellite Networks Ltd. [GILTF] will supply Koochi Communications Ltd. with 300 Skystar 360E terminals to deliver broadband communications to SOHO and SME users in Nigeria and West Africa. The […]
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MACRES Taps Spot For Satellite Imagery
The Malaysian Center For Remote Sensing (MACRES) signed a three-year agreement with Spot Image for satellite-imagery reception from the entire Spot satellite constellation. Financial terms of the agreement were not […]
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Questions Still Loom In GPS/Galileo Cooperation
Although the United States and the European Union have reached agreement that the U.S.’s GPS and the EU’s forthcoming Galileo satellite navigations will work cooperatively together, questions still loom regarding […]
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Nickelodeon A Key Challenge For MTV
MTV Networks Europe is determined to build its Nickelodeon brand over the next 12 months. This is one of the major challenges according to MTV Networks Europe CEO Brent Hansen. […]
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Eurocom Telecomunicazioni Taps Sarantel For GPS Antenna
Sarantel was awarded a contract by Eurocom Telecomunicazioni to provide it with Sarantel’s GeoHelix GPS miniature antenna. Eurocom will incorporate the antenna into its automatic person location system (APLS) lapel […]
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Tesuque Nation Police Choose Globalstar For Voice, Data Services
Globalstar LLC was selected by the Tesuque Nation Police in northern New Mexico to provide it with voice and data services. The tribal lands routinely patrolled by the officers are […]
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PanAmSat Launches Note Offering
PanAmSat Corp. yesterday launched an offer of Senior Notes maturing in 2014, the proceeds of which will be used in the pending acquisition of PanAmSat by affiliates of Kohlberg Kravis […]
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Loral, Creditors Reach Agreement
Loral Space & Communications Ltd. today said it reached an agreement with the Official Committee of Unsecured Creditors in its Chapter 11 reorganization on the principle terms of a plan […]
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In Midst Of Class-Action Suit, KVH Reports 2Q Results
KVH Industries Inc. [KVH] reported a slight increase in its revenues for the second quarter ended June 30 compared with the same period last year as well as a net […]
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Digital+ Breaks Through 1.6 Million Mark
Sogecable, the Spanish media giant, announced that Digital+, its DTH platform, experienced a significant increase in subscribers during the last three months. At the end of June 2004, it had […]
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DirecTV Lures New Customers With NFL Sunday Ticket Offer
DirecTV Inc. late yesterday launched a new promotion to boost new subscriber numbers. The company is leveraging its exclusive contract with the National Football League (NFL) to offer new subscribers […]
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DISH Claims 100 Million Households Served By Local Channels
EchoStar Communications Corp. [DISH] today said with the addition of local channel coverage in Charlestown, S.C., and in Montgomery, Ala., it now becomes the first pay-television company to make local […]
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Starband Launches Residential Satellite Internet Service
StarBand Communications Inc. launched its new StarBand 481 residential two-way satellite Internet service that allows for download speeds as fast as 500 kbps and upload speeds as fast as 100 […]
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EchoStar, Rainbow Win DBS License Auction
The Federal Communications Commission earlier this week said Rainbow DBS Company LLC and EchoStar Communications Corp. [DISH] won three direct broadcast satellite (DBS) licenses in an auction completed July 14. […]
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Sirius Reaffirms Year-End Sub Target, Reports 2Q Losses
Today’s release of Sirius Satellite Radio‘s [SIRI] earnings for the second quarter included a prediction of one million subscribers by the end of the year. The re-affirmation of that forecast […]
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Baltic First For EUMETSAT
EUMETSAT, the European Organisation for the Exploitation of Meteorological Satellites, said Latvia has become the first Baltic State to join the group. Latvia already is using some satellite data in […]