Archive

Panamsat Repoints PAS-8 Beam

Panamsat Corp. announced April 17 that it had repointed a beam on the PAS-8 Pacific Ocean Region satellite to effectively reach every corner of New Zealand, New Caledonia and Fiji....

Intelsat Loss Grows In 2005

Intelsat Ltd. lost $325.3 million in 2005, compared to $38.7 million in 2004, due to higher operating expenses, Intelsat reported April 18. The satellite operator reported revenue growth of 12...

Lockheed Adds Subcontractors To Goes-R Program

Lockheed Martin has added Science Applications International Corporation (SAIC) and IBM Business Consulting Services to its team competing to build a U.S. government environmental satellite, Lockheed Martin announced April 17....

XM Plans To Replay GM Debt Early

XM Satellite Radio Inc. is negotiating to pay some of its debt to General Motors (GM) early, XM said in an April 17 filing with the U.S. Securities and Exchange...

Andrew Acquires Precision Antennas

Andrew Corp., has acquired England’s Precision Antennas Ltd., a provider of antennas for terrestrial and satellite communications systems. Andrew paid about $26 million to acquire the subsidiary of U.K.-based Cobham...

Kia To Offer Sirius Satellite Radio

Sirius Satellite Radio and Kia Motors America announced April 13 that Kia will exclusively offer Sirius as factory standard equipment in all of its vehicles. The agreement runs through 2014,...

Hughes Closes Debt Financing Offer

Hughes Communications Inc. raised $450 million through an offering of notes by its wholly owned subsidiaries, Hughes Network Systems LLC (HNS) and HNS Finance Corp., Hughes announced April 13. The...