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The Satellite News Financial Ticker
Week of April 25 – May 1, 2003 Percentage Change Symbol May 1 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.23 5.1 […]
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Intelsat Targets Niche Markets
Intelsat Ltd. is targeting opportunities in selected niche business segments after reporting weakened financial results for the first quarter. Intelsat’s net income fell 24 percent to $64.1 million during the […]
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Satellite Firms Become Fiber-Friendly
Major satellite operators are increasingly turning to fiber optic networks to speed their growth strategies. Once the enemy, fiber is now becoming the friend of satellite executives looking to cut […]
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FCC Has No Regrets On 12 GHz Band Sharing
Rejecting an effort by the Satellite Broadcasting and Communications Association to overturn an earlier decision, the Federal Communications Commission last week reaffirmed its 2002 order allowing wireless cable operators to […]
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Spotlight: Surf the Web From Mt. Everest
Princeton, N.J.-based Americom Asia-Pacific is using satellite technology to launch what company officials describe as Mt. Everest’s first Internet café. The Internet café operated at Mt. Everest’s base camp went […]
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Is There A ‘Magic Bullet’?
By Steve Symonds Broadband is the “hot button” du jour in the satellite marketplace. Every trade show, seminar, and magazine these days seems to be hyping how broadband services will […]
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ICO To Rescue Globalstar From Black Hole
ICO Global Communications, the troubled London-based mobile satellite startup, appears poised to jumpstart its delayed service launch by agreeing to pay $55 million to buy a controlling interest in the […]
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Gilat To Provide Tibet Telephony
Gilat Satellite Networks [Nasdaq: GILTF] has been selected by China Telecommunications to provide a large-scale, satellite-based rural telephony network in Tibet. China Telecom will make an initial purchase of a […]
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Alaska Selects SkyFrames
The community of Coffman Cove, Alaska, has selected SkyFrames [OTC Bulletin Board: SKYU] to install and coordinate the implementation of a satellite broadband network that will provide a 2-mile broadband […]
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Aaron Named President of TV Guide Television Group
Gemstar-TV Guide International [Nasdaq: GMST] has named Ian Aaron as president of its TV Guide Television Group. This newly formed group consists of the company’s TV Guide branded businesses in […]
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Maqsat Joins Europe*Star
Maqsat, a Dutch satellite communications provider, has joined the Europe*Star gateway program. The program, consisting of network providers, national telecom providers and independent teleport operations, provides access to Europe*Star’s satellites. […]
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Conexant Launches MPEG-2 Digital Broadcast Decoders for Set-Top Boxes
Conexant Systems [Nasdaq:CNXT], a Newport Beach, Calif.-based provider of semiconductor system solutions for communications applications, has introduced a family of MPEG-2 audio/video decoders for cable, satellite and terrestrial set-top boxes […]
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Surge In Canada DTH Revenues
Revenues generated by Canadian firms in providing direct-to-home (DTH) satellite TV and multipoint distribution system (MDS) services have soared since 1998, according to statistics released recently by the Canadian Radio-television […]
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MDA Signs New RADARSAT Customer
MacDonald, Dettwiler and Associates [TSX: MDA] announced Monday that an unidentified customer will purchase satellite imagery from MDA’s RADARSAT International subsidiary for land use mapping and monitoring purposes. The agreement […]
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Verdisys, Reconstruction Data Group To Merge
Verdisys, a Houston-based provider of patented lateral drilling oil services and satellite communications to the energy industry, and Reconstruction Data Group [OTCBB: RDGI] have signed a definitive agreement to merge […]
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Star One Expands Capacity Agreement With New Skies
Star One, which provides satellites services in Latin America, has expanded by nearly 50 percent the amount of capacity it leases on Dutch satellite firm New Skies Satellite‘s [NYSE: NSK] […]
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EchoStar To Offer Local Channels In 42 More Markets
Satellite TV provider EchoStar Communications [Nasdaq: DISH] announced that it plans to offer local TV channels in 42 additional markets, provided that retransmission agreements with local TV stations can be […]
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FAA Awards Air Traffic Control Contract To Honeywell
The Federal Aviation Administration is moving forward with a Global Positioning System (GPS)-based landing-guidance system that will improve aircraft safety during airport approaches and landings. The agency has awarded the […]
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TPS Questions DTH Consolidation In France
A merger between French rival direct-to-home (DTH) satellite platforms Canal Satellite and TPS is unlikely, according to TPSDeputy Managing Director Guillaume de Posch. Deals to merge platforms in Spain and […]
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Telesat Canada Posts Positive Numbers
BCE Inc. [NYSE: BCE] subsidiary Telesat Canada achieved a rare distinction for a satellite operator during the first quarter by posting growth in net income and revenue. In a period […]
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TechnoCom, Sapias Reach Agreement On Fleet Management Platform
Sapias, a San Francisco, Calif.-based provider of asset management products, has selected TechnoCom’s enterprise technology for its fleet intelligence platform, an end-to-end resource management platform for enterprise fleets. Los Angeles-based […]
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Dutta Named MSV’s Vice President of Systems Engineering
Santanu Dutta has joined Mobile Satellite Ventures (MSV), a Reston, Va.-based provider of mobile satellite communications services, as vice president of systems engineering. Dutta will be responsible for the system […]
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Communication Satellite Developer To Be Inducted Into Inventors Hall Of Fame
Harold Rosen will be inducted May 3 into the National Inventors Hall of Fame for his work developing the world’s first 24-hour communication satellite. Rosen is a consultant and former […]
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Maqsat Joins Europe*Star Gateway Network
Maqsat, a Dutch satellite communications provider, has joined the Europe*Star gateway program. The program, consisting of network providers, national telecom providers and independent teleport operations, provides access to Europe*Star’s satellites. […]
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Rural Alaska Community Selects SkyFrames Satellite Broadband Connectivity
The community of Coffman Cove, Alaska, has selected SkyFrames [OTC Bulletin Board: SKYU] to install and coordinate the implementation of a satellite broadband network that will provide a 2-mile broadband […]
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China Telecom Turns To Gilat To Provide Rural Telephony Network in Tibet
Gilat Satellite Networks [Nasdaq: GILTF] has been selected by China Telecommunications to provide a large-scale, satellite-based rural telephony network in Tibet. China Telecom will make an initial purchase of a […]
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Regulatory Review: European Space Policy 2003–Specific Strategies
by Gerry Oberst Comments are being submitted in response to two consultations on space policy in Europe, one from the European Commission and another from the British National Space Centre […]
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Industry At Large
People NEW SKIES: Appoints Sales Director New Skies Satellites N.V. appointed Jurandir Pitsch sales director for the company’s commercial activities in Brazil and the Mercosur region of Latin America. He […]
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Lockheed Martin Gets JSAT Contract To Make A2100 Satellite
Lockheed Martin [NYSE: LMT] has been awarded a contract by Japan’s JSAT Corp. to build an A2100 geostationary telecommunications satellite. Financial terms were not disclosed. The satellite, designated JCSAT-9, will […]
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Canada Sees Surge In DTH Revenues
Revenues generated by Canadian firms in providing direct-to-home (DTH) satellite TV and multipoint distribution system (MDS) services have soared since 1998, according to statistics released this week by the Canadian […]