Author: Staff Writer

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...

ND SatCom Signs Swedish Defense Deal

ND SatCom won a key European defence contract. It signed a deal with the Swedish Armed Forces to aid them in their future communication needs. ND Satcom will supply them...