XM Redeems $50 Million Of Additional Debt
XM Satellite Radio Holdings Inc. [XMSR] officials said today the company plans to redeem $50 million in principal amount of its 12-percent senior secured notes due 2010. The redemption will...
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EchoStar Resolves Accounting Issues With SEC
EchoStar Communications [DISH] resolved its accounting issues with the Securities and Exchange Commission (SEC), company officials announced Friday. The matter was cleared up when EchoStar agreed to reverse an accrual...
Fox Inks Sky Game Deal
Fox Kids Europe [FKE] plans to launch four interactive games (branded Fox Kids Play) on PlayJam’s interactive games channel on the UK’s BSkyB April 8. Fox Kids Play games are...
Calian, Inmarsat Team For Monitoring Project
Calian Technology Ltd.’s [CTY] Systems Engineering Division has been awarded a $4 million contract from Inmarsat to provide a new satellite spectrum monitoring system. The system will be used by...
Caracol Selects PanAmSat for Program Distribution
Officials from PanAmSat Corp. [SPOT] said Caracol Television S.A. has chosen PanAmSat’s PAS9 Atlantic Ocean Region satellite to distribute its global programming throughout South America and Europe under the brand...
Prices Revealed For Connexion by Boeing Service
Officials from Connexion by Boeing, a fledgling in-flight broadband business unit of the Boeing Co. [BA], today said the company’s high-speed, airborne Internet service, scheduled to become available this spring,...
Iridium Intros Global Satellite Fax Service
Arlington, Va.-based Iridium Satellite LLC announced the launch of a new satellite fax service that will permit its subscribers to send and receive faxes from any location in the world....
Honeywell Appoints Joseph DeFrancisco To Lead Aerospace Military Markets Segment
Honeywell International [HON] officials said today that Joseph DeFrancisco was named vice president of the company’s military markets segment. He will be responsible for defense and space customer management activities....
StarBand Launches New 481 Telecommuter Service
StarBand, a McLean, Va.-based two-way, high-speed satellite Internet service provider, has launched the StarBand 481 Telecommuter service to provide a business-grade satellite modem capability that is compatible with both Windows...
AXONN Announces Agreement With BCM
AXONN, a New Orleans, La.-based wireless data company, entered into an agreement that calls for the distribution of its AXTracker satellite-based tracking system in Europe through United Kingdom-based BCM, a...