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  • Telenor Acquires GMPCS

    Telenor Satellite Services, a subsidiary of Telenor of Norway [TELN], today said it purchased GMPCS Personal Communications Inc., a full service provider of global mobile personal communications via satellite. GMPCS […]

  • Equity Investors Complete Purchase Of PanAmSat

    The DirecTV Group Inc. [DTV] and PanAmSat Corp. announced that the completion of PanAmSat’s sale to affiliates of Kohlberg Kravis Roberts & Co. L.P., The Carlyle Group, and Providence Equity […]

  • Loral Files Reorg Plan

    Loral Space & Communications Ltd. [LRLSQ] and certain of its subsidiaries today filed a proposed reorganization plan with the U.S. Bankruptcy Court for the Southern District of New York, and […]

  • PanAmSat Sale Closes Tomorrow

    Affiliates of Kohlberg Kravis Roberts & Co. L.P., The Carlyle Group and Providence Equity Partners Inc. are scheduled to acquire The DirecTV Group’s equity stake in PanAmSat tomorrow. In anticipation […]

  • AsiaSat Beats Economic Odds

    Despite softness in the Asia marketplace right now, AsiaSat saw its revenues increase in the first half of 2004, reaching $70.6 million, a 21-percent increase compared with last year. This […]

  • Raytheon Inks $1.6 Billion Cruise-Missile Contract

    Raytheon [RTN] won a $1.6 billion, multiyear contract for a full-rate production (FRP) run of Tactical Tomahawk Block IV cruise missiles for the U.S. Navy and for Britain’s Royal Navy. […]

  • News Skies Reports Narrowing Operating Profits

    Downward pressure on transponder pricing caused operating profits to slip at New Skies Satellites N.V. [NSK] during second-quarter 2004, compared with the same quarter last year. Two non-recurring events, including […]

  • FCC Orders Certain Satellite Operators To Report Outages

    The Federal Communications Commission (FCC) today released an order modifying the reporting requirements for satellite outages. The rules apply only to voice and paging communications offered by satellite operators and […]

  • Marlink Unveils New Worldwide Maritime Service

    Marlink, a subsidiary of Rockville, Md.-based Telenor Satellite Services, rolled out a new maritime communications service to provide global voice and advanced data communications to leisure boats, fishing vessels, coastal […]

  • EUMETSAT Teams With ZAMG

    EUMETSAT, the European Organisation for the Exploitation of Meteorological Satellites, inked a key deal in Austria to improve training materials for satellite meteorology. The project, named EUMeTrain, will create additional […]

  • XM Receiver Allows Listeners To Play It Again

    How many times have you caught the tail end of a bit on morning radio or the final seconds of a song you’ve been waiting to hear and then wished […]

  • J.D. Power: Customer Satisfaction Higher Among Sat-TV Users

    According to the 2004 J.D. Power And Associates Residential Cable/Satellite TV Customer Satisfaction Study, released today, satellite television subscription services received a higher overall customer satisfaction (723 on a 1,000-point […]

  • AMC-15 Delivered To Launch Site

    SES Americom today said its AMC-15 satellite has been delivered to the Baikonur Cosmodrome in Kazakhstan in preparation for its scheduled Sept. 24 launch aboard a Proton launch vehicle. The […]

  • Optus Launches Broadband Satellite Solution

    Australian telco Optus launched a new satellite broadband solution, Optus Broadband Satellite. The service aims to provide fast Internet connections at affordable prices to rural Australia. John Anderson, the deputy […]

  • Sirius Leverages NFL Deal With New Portable Unit

    Sirius Satellite Radio [SIRI] introduced a portable plug-and-play receiver aimed directly at the National Football League (NFL) enthusiasts among its subscriber base. The new receiver, aptly named the Sportster, is […]

  • Microspace Aids Christian Radio In Program Distribution

    Raleigh, N.C.-based Microspace Communications, a provider of point-to-multipoint satellite services and the operator of a large business satellite network, was selected by the Christian Radio Consortium (CRC) to deliver programming […]

  • Satellite Companies Do Their Parts For Hurricane Cleanup

    Following the devastating effects of Hurricane Charley late last week, at least two satellite companies have stepped up to help in the aftermath. Globecomm Systems Inc. [GCOM] has provided satellite […]

  • XACT Unveils Portable Battery For Sirius Radios

    One of the early complaints about satellite radio in general was that people were paying for the service but they could only get it in their cars, making the investment […]

  • At Press Time: A Tale Of 2 Sales

    Affiliates of Kohlberg Kravis Roberts & Co. L.P., The Carlyle Group and Providence Equity Partners Inc. (KKR) appear to be looking to make a serious bid for Intelsat. The KKR […]

  • Top Execs Aim For Kistler Re-Vamp

    Kistler Aerospace’s board of directors boosted the bankrupt company’s efforts to raise $500 million to complete the development of a reusable launch vehicle by naming two prominent industry executives to […]

  • EchoStar Grows At Rival Cable’s Expense

    Englewood, Colo.-based EchoStar Communications [DISH] briskly grew its subscribers and revenues during second-quarter 2004, compared to the same quarter last year. According to CEO Charlie Ergen, his performance left it […]

  • CapRock Shows Vertical Markets Can Pay Off

    By Paul Dykewicz, senior editor and senior analyst One of the most important parts of decision-making for business executives is to know the competitive advantages of one’s own company, and […]

  • Spotlight: ASU To Deploy GPS For Campus Tours

    Arizona State University (ASU) is collaborating with Chandler, Ariz.-based OnPoint Systems to develop Global Positioning System-enabled, self-guided walking tours of the school’s campus. The new technology is slated for debut […]

  • New Electronic Era Undeniably Includes Satellites

    By Joseph Pelton A new kind of electronic reality has been created by satellite communications, fiber optics, cybernetics and computer networks. One way of viewing this electronic transformation has been […]

  • Medlock Faces New Challenge As Inmarsat CFO

    Rick Medlock is excited about the challenge facing him upon his arrival at Inmarsat, the London-based mobile satellite giant. Medlock, who currently is CFO of NDS [NDS], will move to […]

  • Galaxy CEO Resignation Fuels Concerns

    Jim Blomfield, CEO of Hong Kong-based Galaxy Satellite Broadcasting, resigned last week, citing personal reasons. There now, apparently, are concerns about the future of Galaxy, a joint venture between Intelsat […]

  • AVC Tackles A Challenging U.K. Satellite Broadband Market

    AVC Broadband Managing Director Frank Tyler is confident the operator can build a profitable business but it is unlikely to reach the 80,000 subscribers it initially targeted for 2004. The […]

  • The Satellite News Financial Ticker

    Week of Aug. 6 – 12, 2004 Percentage Change Symbol Aug. 12 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.49 (3.9) (13.4) […]

  • Intelsat Sold For $5 Billion

    Intelsat Ltd. today said it has signed a definitive agreement to be sold to a consortium of private-funds partners. The transaction, which includes the assumption of $2 billion in existing […]

  • DirecTV Receives FCC Okay To Use Canadian Orbital Slot

    El Segundo, Calif.-based DirecTV [DTV] gained approval from the Federal Communications Commission (FCC) to relocate the company’s DirecTV 5 satellite to the 72.5 degree W orbital slot controlled by Telesat […]