Archive

  • Iridium Introduces New Distress Signals For Ships

    Arlington, Va.-based Iridium Satellite has introduced a new range of maritime satellite communication services aimed at helping ship owners cost-effectively meet new International Maritime Organization (IMO) requirements for ship security […]

  • Court Approves DirecTV Latin America’s Reorganization Plan

    The U.S. Bankruptcy Court in Wilmington, Del., has approved DirecTV Latin America‘s plan of reorganization, setting the stage for the Hughes Electronics‘ [NYSE: HS] subsidiary to emerge from Chapter 11. […]

  • Sirius Announces Pricing of Convertible Notes Offering

    New York-based Sirius Satellite Radio [Nasdaq: SIRI] announced that it priced an offering of $250 million of 2-1/2 percent convertible notes due 2009, to a qualified institutional buyer. Sirius has […]

  • LogicaCMG, New Skies Deliver Secure IP Services

    LogicaCMG successfully demonstrated Friday its secure multicast system over a live satellite network using New Skies’ [NYSE: NSK] IPsys service. The system employs new security mechanisms to improve the flexibility […]

  • T. Howard Foundation Plans To Honor Starz Encore, BET Leaders

    The satellite industry’s 11th annual T. Howard Foundation fundraising dinner, scheduled for April 14 in New York, will include the presentation of awards to two industry visionaries. The group, created […]

  • Editor’s Note

    SATELLITE TODAY will not publish on Monday in observance of the Presidents’ Day holiday. You will receive your next issue on Tuesday, Feb. 17.

  • XM Tops 1.5 Million Subscribers

    Washington-based XM Satellite Radio [Nasdaq: XMSR] topped the 1.5 million subscriber mark this month, while also reporting that its fourth quarter financial performance beat the guidance it had given Wall […]

  • Intelsat Receives FCC Approval For Loral Transaction

    Intelsat announced that the Federal Communications Commission (FCC) has approved the transfer of FCC licensesfor Loral Space and Communications‘ [OTCBB: LRLSQ] North American satellite assets to Intelsat. The regulatory nod […]

  • RadioShack, EchoStar and Sirius Form Marketing Alliance

    Ft. Worth, Texas-based electronics retailer RadioShack [NYSE: RSH], Littleton. Colo.-based satellite TV service provider EchoStar Communications [Nasdaq: DISH] and New York-based satellite radio service provider Sirius Satellite Radio [Nasdaq: SIRI] […]

  • AsiaSat Buys Integrated Satellite System

    Asia Satellite Communications Co. (AsiaSat) [NYSE: SAT], a Hong Kong-based satellite operator, agreed to buy a single consolidated primary satellite control system from Integral Systems [Nasdaq: ISYS], a Lanham, Md.-based […]

  • ViaSat To Supply VSAT Systems for Iraq

    ViaSat [Nasdaq: VSAT], a Carlsbad, Calif.-based satellite technology company, received a contract for more than $7 million from Lockheed Martin Integrated Systems [NYSE: LMT] for satellite equipment to be installed […]

  • DirecTV Names Giacalone To Head Customer Service

    El Segundo, Calif.-based DirecTV appears to be looking for a way to reduce its monthly churn by naming an executive vice president of customer satisfaction. The satellite TV service provider […]

  • Hughes Revenues Rise, While One-time Charge Spurs Bottom-line Decline

    El Segundo, Calif.-based Hughes Electronics [NYSE: HS] reported that its fourth quarter 2003 revenues rose more than 20 percent to $2.95 billion, on the strength of rising subscriber gains and […]

  • American Wireless Expands Role With EchoStar

    Campbell, Calif.-based American Wireless, a North American wireless retail distributor, has agreed to begin selling the satellite TV services of EchoStar Communications [Nasdaq: DISH] and its DISH Network nationally, rather […]

  • Elektra Plans To Expand VSAT Network

    Elektra, a Mexican-based home appliance retailer, plans to expand its VSAT network with the help of Israel’s Gilat Satellite Networks [Nasdaq: GILTF]. Elektra’s network provides internal connectivity services to its […]

  • KVH Launches New Tracphone

    KVH Industries [Nasdaq: KVHI], a Middletown R.I.-based manufacturer of mobile communication products, has introduced a new compact satellite communication device to offer global voice coverage. The device, called the Tracphone […]

  • Sirius To Air Wall Street Journal Network

    Sirius Satellite Radio, [Nasdaq: SIRI] has agreed to broadcast The Wall Street Journal Radio Network throughout the United States. Starting this month, subscribers will be able to hear hourly market […]

  • Sirius, Standard Team To Offer Satellite Radio In Canada

    Standard Radio, a Toronto-based radio broadcasting company, is the latest partner to team up with New York-based Sirius Satellite Radio [Nasdaq: SIRI] in an attempt to bring satellite radio to […]

  • Gilat Introduces Next Generation of SkyEdge

    Gilat Satellite Networks [Nasdaq: GILTF], an Israeli-based satellite communications company, has developed a new generation of products called the SkyEdge family. The SkyEdge product family includes a series of VSAT […]

  • Cisco, Surrey Deploy Router in Space

    VIENNA, Va. — U.S.-based Cisco Systems [NYSE: CSCO] and British small satellite manufacturer Surrey Satellite Technology have successfully launched and deployed a “router in space.” The Cisco-supplied router is part […]

  • EGNOS Undergoes Test in China Before Mid-Year Launch

    The European Geostationary Navigation Overlay System (EGNOS), designed to improve the accuracy of satellite global navigation systems, is now undergoing tests prior to service launch in the middle of the […]

  • Metro Fuel Chooses Satellites for Tanker Control and Security

    Satellite Security, a San Diego-based company that provides secure Global Positioning System (GPS) services, has signed a pact to monitor oil tankers for New York-based Metro Fuel Oil. No financial […]

  • DirecTV Appoints New Senior Executive

    El Segundo, Calif.-based DirecTV, the largest U.S. satellite television services provider, added to its executive team by naming Richard Slenker to become its executive vice president of technology and engineering […]

  • The Satellite News Financial Ticker

    Week of Jan. 30 – Feb. 5, 2004 Percentage Change Symbol Feb. 5 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 2.41 (12.7) […]

  • SS/L CEO Confident Company Will Rebound

    Despite bankruptcy at its parent company, Space Systems/ Loral (SS/L) has picked up some key satellite manufacturing orders recently, most notably in October from DirecTV. The turnaround has clearly been […]

  • Is the VOIP Revolution Salvation or Armageddon?

    By Maury Mechanick As the satellite industry emerges from its most recent downturn, a number of new opportunities and threats loom on the horizon. Among these, voice over Internet Protocol […]

  • Spotlight: IP Video Aids Mobile Medical System

    Satellite-based video services are expected to help save lives through a Houston-based program jointly operated by the U.S. Army, Texas A&M University and the University of Texas Health Science Center […]

  • FCC Responds To Trend For Hybrid Services

    Hybrid services are changing the shape of the satellite industry and causing a ripple effect in the regulatory arena. Satellite, wireless, wireline, Wi-Fi, and fiber-optic cable technologies are being used […]

  • PanAmSat Shows The Money

    Joe Wright, the president and CEO of Wilton, Conn.-based PanAmSat [Nasdaq: SPOT], characterized his company during last week’s earnings conference call as the world’s top-performing and best-positioned fixed satellite services […]

  • Intelsat Sees Opening For IPO

    Intelsat is preparing to pursue its long-anticipated initial public stock offering (IPO) at a time when the market for such transactions appears to be recovering. The plan is for Intelsat […]