Archive

WIND CLOSING ON TELEPIU

The arrival of new shareholders for the Italian digital platform Telepiu is close to being finalised with mobile phone operator Wind being the front runner. Although Telepiu has denied that...

FININVEST SELLS TELEPIU STAKE

The media and financial services holding company Fininvest, headed by Silvio Berlusconi, announced on July 28 that it has sold its 10 per cent stake in leading Italian digital platform...

FANTASTIC SEEKS FUNDING

The Swiss-based broadband multimedia software specialist The Fantastic Corporation has confirmed that it intends to launch an initial public offering on Frankfurt’s Neuer Markt, expected to be completed in the...

N24 GETS ASTRA TRANSPONDER

In what is seen as a smart tactical move by industry observers, German media company Pro-Sieben Group has managed to gain valuable analogue capacity on the Astra satellite system (19.2...

PROTON EXAMINES LAUNCH FAILURE

Russia’s Krunichev Space Centre has established that a welding defect in the number three engine of the rocket’s second stage was the cause of the failure of the Raguda launch...

UPLINKING: SETTING ITS SIGHTS ON THE STARS

by Katie McConnell Michael Young, Hongkong Telecom’s marketing manager, says, "The digitization of television channels has created enormous growth in the total number of satellite channels available. Multiple channel per...

DOLLARS AND SENSE: IRIDIUM'S WOES

by Marc Crossman Iridium’s inability to add meaningful subscribers to its network has left the company floundering in its ability to meet debt obligations. Despite the fact that three credit...

NEWS BYTES

Astrolink, the Lockheed Martin/ Telespazio/TRW-backed broadband satellite project, has closed a $900 million equity investment, initially announced in May. Astrolink secured the investment following regulatory approval for the project on...