Archive

Lessons Learned from Iridium, ICO, and Globalstar – Part I The communications satellite industry is facing a profound crisis. The financial disaster created by the Big LEO experiments has far-reaching...

In an effort to put years of accounting problems behind it, Orbital Sciences Corp. [ORB] appointed a new chief financial officer (CFO). Garrett Pierce will become an executive vice president,...

Temporary Stock Run-Up, Early Release Of 2Q Numbers Keep Eyes On The Company While the future of Globalstar L.P. [GSTRF] is still undetermined, the company still is moving forward with...

PanAmSat Corp is reporting earnings of about $59.23 million (E55.47m) or 39 cents per share on revenues of $322.25 million during the second quarter of this year. This compares with...

Earlier this year the so-called Saudi Arabian ‘dish ban’ was widely reported to have been lifted, with key regional broadcasters like ART and Orbit publicly welcoming the relaxation of rules....

Zygmunt Solorz, owner of the Polsat network is talking to News Corporation about the possible sale of a 33 per cent interest in the company. Before such a deal can...

The first of the Sea Launch vessels has departed from its home port in Long Beach, California, in preparation for the launch of the PanAmSat’s PAS-9 satellite on July 28....

Polish regulator KRRiT has agreed to a 33 per cent shareholding in Polsat by a Dutch holding company. Polsat Media BV, a holding company controlled by Polsat’s owner Zygmunt Solorz,...

The two Italian pay-TV operators, Stream and Tele+, have together earned over L125 billion (E64.56 million) during 1999 from football matches. Market leader Tele+ earned 86.6 per cent of the...

Globalstar’s second quarter results, issued last Thursday, were mixed. The company reported; $708,000 (E759,000) in total revenue, consisting of $390,000 in net service revenue ($483,000 in gross service revenue before...