Archive

IMAGE Spacecraft Successfully Launched

Engineers at Lockheed Martin Corp. Space Systems [LMT], Boeing Co. [BA] launch managers and NASA officials were all smiles March 25 when the latest satellite for NASA lifted off from...

STRATOS ACQUIRES DATACOM

Stratos Global Corp. [SGB] has entered into a definitive agreement to acquire the assets of Datacom Inc. for $65 million. The transaction is subject to regulatory approval and other undisclosed...

SKYBRIDGE RECEIVES OPERATING LICENSE IN FRANCE

Skybridge LP has received a license in France to deploy its 80 low-Earth-orbiting (LEO) satellite constellation with associated ground segment to provide broadband Internet access and other multimedia services. The...

CHINA BROADBAND SERVICE TO BEGIN IN 15 CITIES

Attention will focus on China Telecom Broadcast Satellite Co. Ltd., China Eastern Telecommunications Co. Ltd., and Xinno Satellite Telecommunications Co. Ltd. in the third quarter when they initiate broadband network...

FIRM RAISES 2000 PRICE TARGETS ON XM RADIO

As the DARS segment of the satellite industry strengthens and pushes forward, financial analysts continue to gain confidence in the sector. “We believe many of XM Radio’s execution risk factors...

NTL BUILDS NEW DISH FARM

NTL is to invest pounds50 million in broadcast services over the next four years, with an immediate commitment of pounds10 million. The money will be used in part to buy...

TELEPIU LOSSES DEEPEN, SUBS UP

Canal Plus-owned Italian pay-TV operator Telepiu is expected to make a loss in 2000 but subscriber figures continue to rise. Canal Plus’ Italian unit incurred losses of Euro187 million in...