Archive

XM Loss Grows, Director Resigns

XM Satellite Radio Holdings Inc. posted a larger loss as higher programming and marketing cost offset revenue gains, the company said Feb. 16. XM posted a loss of $666.7 million...

Brazil Approves Intelsat IA-8 Satellite

Intelsat has been granted rights by the Brazilian National Telecommunications Agency to operate the Intelsat Americas-8 (IA-8) satellite in the Brazilian market, the company announced Feb. 15. IA-8, launched in...

Iridium Introduces Vessel Tracking Service

Global Marine Networks LLC unveiled an automatic vessel tracking service that uses the Iridium satellite system to transmit location reports from ship to shore, Iridium announced Feb. 14. The XGate...

Satterlee Named CEO Of GPS Services Company

Herb Satterlee, the former CEO and chairman of Digitalglobe, has been named CEO of Novariant, which supplies GPS-based positioning products for industrial users, Novariant announced Feb. 14. “It is an...

Stratos Completes Xantic Acquisition

Stratos Global Corp. closed its $191.3 million acquisition of rival satellite communications company Xantic B.V. Feb. 14, creating a half billion dollar company with a 44 percent market share of...

Premiere Posts Solid Results

German pay-TV operator Premiere ended 2005 with nearly 3.6 million subscribers, up nearly 10 percent compared to the 3.3 million subscribers reported at the end of 2004. The operator also...