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BT Exits Satellite Business
BT, the UK telco has now exited the satellite business after selling its stake in leading satellite operator Eutelsat. BT sold its 15.8 percent stake for GBP368 million ($675 million) […]
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UAE Home To New Satellite Operator?
Satellite Today has learned that satellite operator Yahsat is undergoing preparations to begin operations in the United Arab Emirates (UAE). Specific plans, including what types of services Yahsat will offer, […]
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SES Americon Donates Capacity For AIDS Day
SES Americom, an SES Global company, will deliver free of charge the first of a series of Cable Positive‘s newest HIV/AIDS awareness and prevention campaign, “Join The Fight,” to cable […]
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SHVERA Passage Forces Changes At EchoStar
In what has been described as quick action by Congress, the House and Senate passed omnibus appropriations legislation that included the Satellite Home Viewer Extension and Reauthorization Act of 2004 […]
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Iridium Secures Credit Facility, Reports Sub Growth
Iridium Satellite LLC today said the company recently closed an agreement for a $65.5 million credit facility with Bank of America [BAC], which will be used for general corporate purposes. […]
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Satellite Deals of the Day
The Export-Import Bank of the United States today announced it has approved a $138-million long-term loan guarantee to help Binariang Satellite Systems Sdn Bhd of Kuala Lumpur, Malaysia, to purchase […]
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Focus On New Skies: Better Communications, Happy Investors
New Skies Satellites is launching a new service aimed at aiding Broadband Maritime, a telecom service provider that offers broadband communication services for ships in the Pacific and Atlantic. The […]
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Lockheed Martin Scores Gold With Rainbow
Satellite Today has learned that Rainbow DBS, the satellite television unit of Cablevision Systems Corp. [CVC], will spend $740 million to purchase five satellites from Lockheed Martin [LMT]. The satellites […]
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Will Toll Payments Fuel A Possible Galileo ROI?
With Europe’s Galileo satellite navigation system partially funded by the private sector, questions linger as to what applications will help the consortium that wins the contract to get a return […]
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Sirius Moves Closer To 1 Million-Subscriber Mark
Sirius Satellite Radio [SIRI] today said it has crossed the 800,000-subscriber threshold and remains on track to reach the one million-subscriber mark by the end of the year. The company’s […]
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New Satellite Broadband Service Reunites Partners
Neo-Sky is set to launch a new satellite broadband service in Spain. The broadband operator, which provides services in the Iberdrola region of Spain, reached an agreement with SES Astra […]
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Foxtel Digital Connects Half-Million Homes
Foxtel, the Australian direct-to-home (DTH) operator, now has 500,000 homes connected to its Foxtel Digital service. More than 51 percent of its managed subscriber based is now connected to the […]
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Satellite Deal Of The Day
Researchers at the Hokkaido Institute of Technology along with a group of unnamed private companies will set up a venture to develop a small satellite to help farmers decide if […]
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Congress Reauthorizes Satellite Transmission Measure
In a rare Saturday session, Congress passed the Satellite Home Viewer Extension and Reauthorization Act of 2004, allowing direct-to-home (DTH) satellite television providers to continue to retransmit broadcasters’ television signals […]
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Astra Prepares For New HD Broadcast
In another boost for high-definition television (HDTV) in Europe, SES Astra is once again teaming with ProSiebenSat.1 Produktion for another simultaneous HD and SD forecast later this month. This time, […]
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EuroNews Adds African Dimension
EuroNews, a pan-European news channel, made its debut in Africa, thanks to a deal with leading satellite pay-TV operator Multichoice Africa. The introduction of the channel will be a boost […]
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NASA Swift Satellite Finally Launches
After a few delays, the National Aeronautics and Space Administration‘s (NASA) Swift satellite, which will be used to observe the formation of black holes, finally launched at 12:17 p.m. EST […]
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Telstra Names Morawski Senior VP/Global Accounts
Telstra today promoted Andrew Morawski to the position of senior vice president of global accounts. He will head an extended global sales-engagement initiative, managing Telstra resources in the United States, […]
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Satellite Deal Of The Day
Paradigm Secure Communications signed a 15-year contract valued at about $186 million to provide a specific portion of the North Atlantic Treaty Organization‘s (NATO) space segment requirements. Beginning in 2005, […]
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Sirius Names Mel Karmazin CEO
Sirius Satellite Radio [SIRI] scored another personnel win, this time on the corporate management side, when it named Mel Karmazin the new CEO of the company. He succeeds Joseph Clayton, […]
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BT Hopes Latest Trend Will Be Successful
BT and Thane Direct have teamed up to launch TrendPro TV, a new German-language shopping channel. The channel is the first DTH service to take advantage of BT’s Astra 1G […]
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Swift Satellite Launch Postponed Again
Officials at the National Aeronautics and Space Administration (NASA) postponed for the third time the launch of the Swift satellite, which will be used to observe gamma rays, Satellite Today […]
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China Launches Earth Observation Satellite
Satellite Today has learned that China has launched what is being reported “a small scientific experimental satellite.” The satellite was launched from the Xichang Satellite Launch Center in China’s Sichuan […]
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Satellite Deals Of The Day
Conax has signed an important new contract to supply Conditional Access (CA) to Focus Sat, a DTH operator in Romania. The deal sees Conax deliver its new Conax CAS7 system […]
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ARINC Demos In-Flight Calling Capability
A new technology developed by ARINC Inc. and Telenor that would allow users of GSM mobile phones to make calls during the in-flight portion of airline travel. The service, ARINC/Telenor […]
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Intelsat Division Changes Name
Intelsat Government Solutions Corp. changed its name to Intelsat General Corp. following the completion of the integration of the assets of the recently acquired Comsat General business. Intelsat said the […]
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Unnamed Investor Buys XM Convertible Notes
XM Satellite Radio said that plans to issue $300 million of 1.75-percent convertible senior notes due 2009, and it has granted the initial purchaser of the notes the option to […]
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Satellite Deals Of The Day
Primaris Airlines is outfitting its fleet of all-first-class aircraft with Iridium satellite phones, which are being supplied by Blue Sky Network. The first installation happened in April on a Boeing […]
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Quarterly Financials
Orbimage Inc. [ORBM] reported increased revenues and a widening loss for the third quarter of 2004. The company reported revenues of $8.9 million, up from $1.1 million during the third […]
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Launch Date For AMC-16 Set
SES Americom, a SES Global company, said its AMC-16 satellite that will support advanced video and broadband services for EchoStar Communications Corp. [DISH], has been delivered to the Cape Canaveral […]