Archive

Loral Fallout Tops 2003 Stories

The bankruptcy of satellite industry stalwart Loral Space and Communications [OTCBB: LRLSQ] and the sale of its valuable North American satellite assets to rival Intelsat for $1.1 billion ranked as...

Sirius Scores With NFL Deal

Sirius Satellite Radio [Nasdaq: SIRI] is following the marketing game plan of DirecTV by signing a seven-year, $220 million contract with the National Football League for the rights to air...

GAO Backs Changes To DoD Procurement

The General Accounting Office issued a new report recommending that the Department of Defense (DoD) focus on developing and implementing a strategic approach to procuring commercial satellite bandwidth services. The...

Amos 2 Satellite Set for Dec. 27 Launch

Israel-based Spacecom‘s Amos 2 satellite is scheduled for launch on Dec. 27 at 9:30 GMT from the Baikonur Cosmodrome, Kazakhstan, onboard a Soyuz/Fregat rocket. Launch services are being provided jointly...

Intelsat Commences Exchange Offer

Intelsat began Thursday an offer to exchange its 5 1/4 percent senior notes due 2008 and its 6 1/2 percent senior notes due 2013 for an equal amount of newly...