Archive
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New Globalstar Investor Faces Significant Risk
A new investor is recognizing the value of the Globalstar handheld satellite phone service. The investor, New Valley Corp. [NVAL], is preparing to pump money into the financially struggling operation. […]
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Satellite Radio at CES: Get Ready 2003
LAS VEGAS–At the recent Consumer Electronics Show (CES) here, XM Satellite Radio [XMSR] seemed to have its name on just about every banner, kiosk or bag in sight. However, rival […]
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Spotlight: PanAmSat Prepares For Flag-waving
Increased U.S. government spending on commercial satellite capacity and expected growth in that demand has put Wilton, Conn.-based PanAmSat Corp. [SPOT] on the verge of making an acquisition to pursue […]
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XM Eyes Big Subscriber Gains
XM Satellite Radio [XMSR] officials expect the company’s subscriber numbers to top 1.1 million by the end of this year. The outlook is buoyed by General Motors [GM] offering XM […]
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Rosetta Delay Raises Concerns
The one-of-a-kind Rosetta satellite that was developed to become the first spacecraft to rendezvous with a comet will need to chase a different comet than originally planned. The change in […]
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Mexico, Canada Negotiate FSS Coordination Agreement
The Mexican government and Mexican satellite operator Satelites Mexicanos (Satmex) are holding talks with the Canadian government and Canadian satelliteoperator Telesat Canada to reach a new coordination agreement for fixed […]
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New Globalstar Investor Accepts Big Risk
New Valley Corp. [Nasdaq: NVAL], an investment firm primarily focused on the real estate business, has committed to give bankrupt satellite phone service provider Globalstar much-needed debtor-in-possession financing as the […]
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Study Predicts Ka-band Capacity Will Triple
A new study about planned Ka-band satellite systems projects that 190 transponders will be available to provide broadband services by the end of 2004. The 42 commercial Ka-band transponders in […]
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DirecTV Guidance For 2003 Belies Upside Potential
The 2003 outlook for Hughes Electronics [NYSE: GMH] subsidiary DirecTV Inc. is more promising that the company’s conservative guidance would suggest, concluded Karim Zia, the cable and satellite analyst with […]
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Lockheed Martin To Keep ‘Streamlined’ Commercial Space Systems
After an analysis of its “strategic options” regarding its Commercial Space Systems unit, Lockheed Martin [NYSE: LMT] has decided not to sell or close it. “Rather than aligning [the unit] […]
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UniTracking VTU Expands GPS Cellular Coverage
UniTracking VTU, a division of Kabu Concept Marketing, has increased coverage for UniTracking VTU, its Global Positioning System and cellular vehicle tracking and monitoring device. Coverage is now available in […]
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XM Reduces Threshold Of Approval Needed For Refinancing
XM Satellite Radio [Nasdaq: XMSR] will be able to reduce the minimum participation of its existing noteholders in its refinancing plan from 90 percent to 75 percent, following approval of […]
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Lufthansa Begins In-flight Internet Service Trial For Passengers
Passengers aboard a Lufthansa [OTC: DLAKY] Boeing 747-400 can use laptops to gain high-speed connections to the Internet, including full access to their personal or business e-mail accounts and files. […]
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DirecTV Begins Offering Local Signals In Richmond
Hughes Electronics [NYSE: GMH] satellite TV subsidiary DirecTV Inc. on Thursday began offering local broadcast channels in the Richmond, Va., market to subscribers who request the upgrade. Richmond is the […]
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Spacenet To Provide GTECH With VSATs for State Lottery Systems
Gilat Satellite Networks Ltd.’s [Nasdaq: GILTF] subsidiary Spacenet Inc. has signed multiple agreements with global lottery services provider GTECH Corp. to install more than 10,000 Gilat Skystar Advantage broadband satellite […]
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Inforetech Wireless Signs $3.75M Distribution Accord With Satellite Golf
Inforetech Wireless Technology Inc., a supplier of Global Positioning System technology for the golf industry, announced that Satellite Golf Inc., had acquired distribution rights in Nevada and first rights of […]
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BSM Enters Vehicle Security and GPS Tracking Market
Canada’s BSM Technologies Inc. [Toronto: BSM] announced Thursday that it plans to enter the commercial vehicle security and safety market with a line of wireless products and software offerings. BSM’s […]
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Football Ruling Could Impact Possible French Satellite Merger
TPS, the number two French satellite pay-TV platform, faces a critical couple of weeks as it hopes to stop Canal+ from being awarded the full football rights packages that were […]
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BSkyB Hopes To Replicate UK Success In Ireland
With BSkyB doing so well in the United Kingdom, its Irish arm is sometimes overlooked. But, the Irish satellite broadcaster is putting pressure on cable TV players and is showing […]
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What Does 2003 Hold?
In the end 2002 proved to be a quiet year. Despite endless talk, there was little consolidation, and certainly not any major groundbreaking deals that could be described as a […]
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Preparing For The Impending Spectrum War
By Maury Mechanick Juxtaposition of the words “spectrum” and “war” is nothing new. Battles over who gets what spectrum have been waged since the time of Marconi. What is different […]
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DirecTV Latin America To Enter Chapter 11?
DirecTV Latin America (DLA) is to undergo a financial restructuring that could have serious consequences for fixed satellite service (FSS) operator PanAmSat. DirecTV is coming to grips with mounting losses […]
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Boeing Delta II Delivers
A Boeing Delta II rocket successfully launched the National Aeronautics and Space Administration’s ICESat (ice, cloud and elevation satellite) and CHIPSat (cosmic hot interstellar plasma spectrometer satellite) Jan. 12 from […]
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Globecomm Gets Contract
Globecomm Systems, a U.S.-based provider of satellite-based communications, received a $15 million contract to provide satellite infrastructure to a European customer. Under the terms of the contract, Globecomm will modernize […]
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FTI, SES Ink Partnership
Foundation Telecommunications Inc. (FTI) and SES Americom Inc., an SES Global unit, have agreed to a strategic partnership that will enable cable system operators to deliver broadband Internet connectivity. FTI’s […]
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Nozzle Defect Responsible For Ariane 5 Launch Failure
Arianespace hopes to have its enhanced Ariane 5 rocket back in service during the second half of this year. This follows the release of an inquiry board’s results into the […]
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Eutelsat CEO: Everything Comes With A Price
European fixed satellite service (FSS) operator Eutelsat has rarely been out of the headlines in recent months. Last month, it saw the Ariane 5 fail to place its HOT BIRD […]
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Norway’s Nera Targets Further Gateway Deals
Norwegian satellite manufacturer Nera, which signed a $16.6 million contract to supply deliver 18 gateways to Shin Satellite in Asia, hopes to tie-up similar deals in the near future. The […]
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Transponder Monitor
A = Analog D = Digital 80 degreesE: Express 6A D New Year greetings were displayed in a caption on the Russian Far East feed circuit on 3975 MHz RHCP, […]
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PanAmSat’s Revenues Slipped As Cost-Cutting Accelerates
While 2002 revenues slipped, PanAmSat Corp.‘s [Nasdaq: SPOT] cost-cutting during the past year helped the company to achieve slightly improved profitability, company officials reported Tuesday. The company posted 2002 revenues […]