Archive

Com Dev International Ltd., announced Nov. 10 its will spend up to Cdn. $10 million ($8.4 million) to buy back up to 10 percent of the company’s stock on the...

Worldspace Inc. said its wholly owned subsidiary Worldspace India Pvt. Ltd. signed a memorandum of understanding with Webel Mediatronics Ltd. to explore technology transfer for the assembly, installation and commissioning...

Globecomm Systems Inc. said Nov. 11 it entered into a loan modification agreement with Silicon Valley Bank to increase Globecomm’s existing working capital line of credit from $16.5 million to...

HS3 Technologies Inc. (HS3), announced Nov. 11 that it acquired IP-Colo Inc., which offers wireless technologies integrated with high-speed Internet via satellite to provide real-time security and monitoring solutions for...

Skyterra Communications Inc., an affiliate of New York-based private equity firm Apollo Management LP, has executed an agreement to acquire the remaining 50 percent of Hughes Network Systems LLC (HNS)...

As with any significant transaction, there is always a first step needed to get the forward momentum going. The Intelsat–Panamsat merger took its first step toward completion when Panamsat shareholders...

French pay-TV operator Canalsat is beginning to gain a significant amount of customers via non-satellite channels as the company bids to increase its subscriber numbers in France, a company official...

Following the Sept. 11, 2001, terrorist attacks in New York City and Washington, D.C., increasing the safety and security of U.S. ports became one of the many areas the federal...

Given the amount of effort going into the marketing of Inmarsat‘s forthcoming Broadband Global Area Network (BGAN) service, the high-speed data access service should be a significant component of the...

Intelsat Ltd. said Nov. 10 in its third quarter financial report that, based on failure review board analysis (FRB), the most likely cause of the of the total failure of...