Author: Staff Writer

FCC Chairman Michael Powell Resigns

“Having completed a bold and aggressive agenda, it is time for me to pursue other opportunities and let someone else take the reins of the agency,” wrote Michael Powell last...

Sanswire Nabs First Stratellite Contract

With the U.S. government calling for a closer look into stratellites–high altitude airships that can provide communications services in what companies in that industry say can be done quicker and...

Loss Widens For DirecTV

The DirecTV Group Inc. reported a net loss for 2004 of $1.9 billion, an increase compared to the net loss of $362 million in 2003, despite a record year in...

Sirius Loss Widens In 2004

Although Sirius Satellite Radio hit its subscriber goals in 2004 and has more than 1.24 million customers today, the company’s adjusted loss from operations increased by $126.1 million to a...

Telenor Acquires Equipment Provider

Telenor Satellite Services acquired Neratek AS, a Norwegian provider of land mobile and maritime satellite communications equipment and services. Telenor said it plans to incorporate Neratek’s operations with the operations...