Archive

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 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...

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...

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...

Globalstar L.P.’s [GSTRF] revenues this year probably will not be so important for the company’s solvency but will be important for investor and industry perceptions, especially with the final nail...

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...

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...

The UK subsidiary of the Norwegian telecommunication company Telenor has officially opened its new UK headquarters. Telenor (UK) Ltd’s Central London facility is situated close to Russell Square. The rooftop...

Phillips Business Information, owner of Cable Europe, has unveiled ambitious plans for a major exposition in Paris this autumn. The event will take place from October 30 to November 1...

SBS Broadcasting is taking a one third stake in Polish commercial channel TVN. According to an agreement reached last week, SBS will acquire Dutch-registered Strateurop International, a subisidiary of TVN’s...