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SES Astra Acquires Majority Stake In Munich Teleport Operator
SES Astra entered into a binding agreement to acquire a 75.2-percent stake in Digital Playout Center (DPC) from German pay-TV operator Premiere for $50.12 million, subject to regulatory approval. DPC […]
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New Skies Strikes Deal With Greek IP Service Provider
New Skies Satellites N.V. [NSK] signed an agreement with Greek IP service provider and teleport operator Com-ToNet S.A. for a full transponder on the NSS-6 satellite. Com-ToNet, in collaboration with […]
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Telespazio Taps Intelsat For Oil-And-Gas Communications
Officials from Intelsat today said the company was chosen by Telespazio to provide oil-and-gas industry contractor Saipem with voice and data services to support its worldwide onshore and offshore construction, […]
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Telenor Becomes Inmarsat BGAN Interconnect Partner
Telenor Satellite Services, a subsidiary of Norway’s Telenor, reached agreement with Inmarsat to become a BGAN (broadband global area network) Interconnect Partner. The BGAN system, scheduled for launch in 2005, […]
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Globecomm Systems Names Former Hughes CEO To Board
Globecomm Systems Inc. [GCOM] appointed Jack Shaw to the company’s board of directors. Shaw is a former president and CEO of Hughes Electronics Corp., and he still serves as a […]
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Countdown Begins For Telstar 18 Launch
Sea Launch Co. LLC officials today said the 72-hour countdown for the launch of the Space Systems/Loral-built Telstar 18 communications satellite will begin tonight. The satellite is scheduled for a […]
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Shaw Pulls Positive-Earnings Hat Trick
Shaw Communications Inc. [SJR] posted its third consecutive quarter of profitability with a net income of $18.3 million earned in the third fiscal quarter of 2004, up from a net […]
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GPS Industries, Epproach Tee Up For GPS Golf Solutions
GPS Industries Inc. is partnering with Epproach Communications LLC to provide GPS Industries’ Inforemer GPS-based golf solution to high-end golf and resort communities on Hilton Head Island, S.C. Inforemer is […]
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C-Com Profits Up More Than 200 Percent
C-Com Satellite Systems Inc. reported net revenues for the second quarter ended May 31 of $926,000 and reported a net profit of $23,000, compared to net revenues of $741,000 and […]
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RaySat Completes $10 Million Financing Round
Executives at in-motion, low-profile, phased-array satellite antenna supplier RaySat Inc. said the company closed a $10 million first-round investment led by Benchmark Capital and assisted by Seed Partners. The new […]
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Newest GPS IIR Satellite Launches Successfully
Lockheed Martin [LMT] officials yesterday said the upgraded GPS IIR-12 satellite it built launched successfully on a Delta 2 rocket from Cape Canaveral Air Force Station in Florida. The satellite […]
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Loral Taps Integral For Satellite Ops Platform
Integral Systems Inc. [ISYS] signed a contract with Loral Skynet to support the operations of Xtar LLC’s XTAR-EUR satellite, operated by Loral. The new contract has Loral using Integral’s Epoch […]
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Dish Adds Local TV Channels Two More Markets
According to EchoStar Communications Corp. [DISH], subscribers to the Dish Network direct-to-home satellite television service in Youngstown, Ohio, and in Amarillo, Texas, now have access to local channels. Youngstown subscribers […]
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European Patent Commission Upholds NovAtel Claim
Officials from NovAtel Inc. [NGPS] said the European Patent Office upheld the company’s Narrow Correlator Tracking Technology patent (EP 0488739 B2), deeming the patent “valid.” Narrow Correlator tracking technology is […]
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C-Com Issues Stock Options
C-Com Satellite Systems Inc. [CMI] granted options to purchase 596,000 of the company’s common shares to its directors and officers last month. The options are exercisable at 22.3 cents per […]
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DirecTV Sues EchoStar Over Ad Campaign
DirecTV, the largest satellite TV service in the United States, filed suit against rival EchoStar Communications [DISH], claiming its competitor created “false and misleading” advertisements to distribute to customers in […]
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U.S., EU Reach Satellite-Navigation Agreement
The United States and the European Union (EU) have, according to wire reports, struck a deal that will make the U.S. GPS navigation system compatible with the EU’s planned Galileo […]
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DigitalGlobe Goes To The Olympics
DigitalGlobe officials today highlighted several satellite image-based products that will be available to government and private-sector users during the upcoming Summer Olympic Games in Athens this August. DigitalGlobe is offering […]
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SiriCOMM, ViaSat Ink Service Deal
SiriCOMM Inc. [SIRC] signed a five-year VSAT services agreement with ViaSat Inc. [VSAT]. The deal has ViaSat providing hardware, installation and services for SiriCOMM’s nationwide network. Financial terms were not […]
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DirecTV Includes Local Channels In S.C., Ohio
DirecTV Inc. [DTV] will begin offering local channels to its direct-to-home satellite television broadcasting service subscribers in the Charlestown, S.C.; the Greenville-New Bern, N.C.; and the Toledo and Youngstown, Ohio, […]
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Japanese Company Taps Front Porch For Archiving
Sky PerfecTV, Japan’s largest digital satellite broadcaster, chose the DIVArchive from Front Porch Digital Inc. [FPDI] to manage its large centralized archive of digital content.
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DirecTV And NRTC Claim Another Legal Win Against Pegasus
Officials with DirecTV and the National Rural Telecommunications Cooperative (NRTC) praised a federal judge’s ruling Monday that denied a request from Pegasus Satellite Television for a temporary restraining order that […]
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DirecTV Won’t Contest FCC Fine
A DirecTV Inc. [DTV] spokesman told Satellite Today today that the company will not challenge a recently proposed $87,500 fine by the Federal Communications Commission (FCC). The federal agency levied […]
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DirecTV, KVH Ink Multiyear Marketing Deal
Officials from DirecTV Inc. [DTV] and KVH Industries Inc. [KVH] said today that the companies have signed a multi-year agreement that allows customers to receive DirecTV satellite television services in […]
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WildBlue Taps KoSpace To Produce Consumer Broadband Satellite Equipment
Officials from WildBlue Communications Inc. and KoSpace today said that the companies have signed an agreement under which KoSpace will produce Ka-band transceivers for WildBlue’s consumer and small office/home office […]
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LG Electronics, LodgeNet Develop HDTV Satellite Programming Solution For Hotels
Officials from LG Electronics Inc. and LodgeNet Entertainment Corp. [LNET] today said they will be offering an end-to-end solution to deliver high-definition digital video to guest room television sets from […]
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Weida Communications Formed In Wake Of Stock Swap
Officials from Laser Recording Systems Inc. and SCL Ventures Ltd. recently said the companies have completed a share exchange and the combined companies now are operating under the name Weida […]
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The Satellite News Financial Ticker
Week of June 11 – 17, 2004 Percentage Change Symbol June 17 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.82 7.1 6.4 […]
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BSkyB Ready To Fight At The Low End
BSkyB [BSY] has signaled its intention to be much more of a player in the lower-end segment of the U.K. digital television market. It will launch a Free-To-Air (FTA) satellite […]
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Chandra Plots Stunning Satellite TV Growth In India
There is little doubt India has the potential to be a huge market for satellite services — a major growth opportunity for numerous operators looking to boost their positions in […]