Archive

DirecTV, EchoStar Team For Washington Battles

Hughes Electronics’ [NYSE: GMH] DirecTV unit and EchoStar Communications [Nasdaq: DISH], the two high-powered U.S. satellite TV service providers, are joining forces in trying to fend off two threats that...

Loral Skynet Inks Rede TV Deal

Loral Skynet do Brasil, a subsidiary of Loral Space & Communications [OTC: LRLSO], has signed an agreement with Brazilian television network Rede TV to provide satellite capacity on Telstar 12...

Sirius, Antex Unveil Receiver

Sirius Satellite Radio [Nasdaq: SIRI] and equipment manufacturer Antex Electronics have introduced what they say is the world’s first satellite radio specifically designed for use in multi-room, multi-zone audio systems....

EchoStar Redeems Senior Notes

EchoStar Communications [Nasdaq: DISH] confirmed that effective Sept. 3, 2003, its subsidiary, EchoStar DBS Corp., completed the redemption of $245 million principal amount of its 9 1/8 percent senior notes...

Frost Named VP at GlobeCast

Satellite broadcast provider GlobeCast America has appointed Mary Frost as senior vice president of sales. In her new position, Frost will be responsible for overseeing both domestic and international sales...

Alaska Station Buys Norsat Units

Alaska’s largest TV station and Anchorage’s NBC affiliate KTUU has purchased Norsat International’s NewsLink portable satellite terminal. With this purchase, KTUU ends a three- year search to find satellite technology...

Lockheed Adds GPS Partners

Lockheed Martin [NYSE: LMT] announced that Raytheon [NYSE: RTN], ITT [NYSE: ITT] and General Dynamics [NYSE: GD] have joined its team to develop the GPS III, the U.S. Air Force’s...

Merrimac Gets Boeing GPS Order

Merrimac Industries [AMEX: MRM] has signed a deal with Boeing [NYSE: BA] that could reach a value of $4.4 million to supply its Beamforming Networks and RF/Microwave signal processing components...

New Skies Closes Share Buy Back

New Skies Satellites [NYSE: NSK], the Netherlands-based global satellite communications company, has completed its share repurchase program, acquiring a total of 13,057,024 ordinary shares at a cost of approximately $54.0...

Gilat Inks Deal With Valero

Spacenet, a U.S. subsidiary of Gilat Satellite Networks [Nasdaq: GILTF], has signed a deal with Valero Energy [NYSE: VLO] to provide a broadband satellite communications network for the company’s 4,000...