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China To Launch 10 Satellites This Year

China plans to launch 10 satellites this year as part of a significant expansion of its space program, according to a Chinese aerospace official quoted in Business Daily Update. The...

ORBIMAGE Emerges from Chapter 11

ORBIMAGE, the Dulles, Va.-based satellite imagery provider, has emerged from Chapter 11 bankruptcy protection, the company announced last week. As part of the final reorganization plan, all existing notes and...

DirecTV Has Best Subscriber Growth Quarter

DirecTV, a unit of Hughes Electronics [NYSE: HS], achieved its highest quarterly subscriber growth by connecting 861,000 total customers during the fourth quarter. This translates into 405,000 net new subscribers...

News Corp To Boost DirecTV

News Corp’s completion of its long-anticipated acquisition of Hughes Electronics [NYSE: GMH], its coveted satellite television unit DirecTV, and other subsidiaries offers a host of potential advantages for the combined...