Archive

Motient Corp. [MTNT], formerly American Mobile Satellite Corp., has formed a new subsidiary, Motient Satellite Ventures LLC, and announced a $50 million investment from an investment group consisting of Columbia...

While the insiders of the satellite industry talk the talk about the power of broadband services via satellite, equipment manufactures remain in a holding pattern. “The satellite broadband end user...

Orbital Sciences Corp. [ORB] can’t seem to catch a break. For years, the company struggled to solve a variety of accounting issues. Now, with those issues in the past, problems...

It was a good week for the two competing digial audio radio service (DARS) providers. Sirius Satellite Radio’s [SIRI] first satellite launch was successful and XM Satellite Radio Inc. [XMSR]...

Both ICO-Teledesic Global Ltd. and Globalstar L.P [GSTRF] both picked up $250 million of much needed funding. But the amount of money is about the only similarities between how the...

Daniel Marcus, formerly the vice president for corporate communications at PanAmSat Corp. [SPOT], has established his own marketing and communications firm, Marcus Associates LLC, in Westport, Conn. He said the...

Telia Mobile, the cellular carrier subsidiary of Sweden’s largest telecommunications company, has signed an agreement with Globalstar Northern Europe Ltd. that will extend Globalstar’s satellite-based telephone service throughout Sweden. Subscribers...

Shrewd Financing Move Provides Cash Until Next Spring It looks like Globalstar L.P. [GSTRF] will be in business until at least the first quarter of next year. In a move...

Scandinavian Pay-TV operator Viasat is taking additional capacity on NSAB’s Sirius at 5 degrees East to simultaneously launch a digital TV platform in the Baltic region alongside the already announced...

Despite official announcements that BSkyB will not shutdown its analogue service until 2001 it is now clear that Sky is well underway in a gradual switch-off. The latest announcement is...