Author: JJ McCoy

Hughes Rebounds To First Quarter Profit

[5/14/07] Hughes Network Systems LLC (HNS) reported a profit of $4 million on revenues of $222.7 million in the first three months of 2007, the company announced May 10. A...

Zoombak Is New Name For Former Connectid

Zoombak is the new name for the former Connectid, a mobile location-based services company and subsidiary of Liberty Media Corp. The change is part a wider rebranding initiative by the...

Thuraya To Stay With Sea Launch

Yousuf Al Sayed, CEO of Thuraya, confirmed reports that his company will keep the launch of the Thuraya-3 satellite with Sea Launch despite delays stemming from a January failure. Thuraya-3...

Video Drives Eutelsat Third Quarter Revenue Gains

Video applications drove a 10 percent increase in Eutelsat’s 2007 third-quarter revenues, the company announced May 10. Eutelsat posted revenues of 205.7 million euros ($278.6 million) in the quarter, which...