Author: Staff Writer

Bethesda, Md.-based NetJets Inc., which offers executives the feel of owning a corporate jet at time-share prices, is ordering 50 AirCell ST 3100 Iridium satellite communication systems for its growing...

Modern Times Group (MTG) subsidiary Viasat, a pay-TV operator in the Nordic region, reports 642,000 digital pay-TV subscribers at the end of June. So far this year, the DTH operator...

Gilat Satellite Networks Ltd. [GILTF] today reported second quarter earnings of $57.5 million, an increase of $5.4 million earned during the second quarter of 2003. The company also reported its...

PanAmSat Corp. [SPOT] today said that a failure of the Galaxy 10R’s xenon ion propulsion system (XIPS) on Aug. 3 thus far has not affected the service of the satellite....

International Launch Services successfully launched the EADS Astrium-built Amazonas satellite into orbit yesterday from the Baikonur Cosmodrome in Kazakhstan at 6:32 p.m. EDT. The satellite will be used by Hispasat...

Verizon Communications [VZ] today became the latest phone company to bundle its services with DirecTV direct-to-home satellite television service offered by The DirecTV Group [DTV]. Verizon will be offering discounts...

Globecomm Systems Inc. [GCOM] was awarded two contracts totaling $7.7 million for satellite up-linking infrastructure. Although the company did not specifically identify from whom the contracts came, Globecomm said one...

Washington, D.C.-based XM Satellite Radio [XMSR] today raised its subscriber guidance for year-end 2004 from 2.8 million subscribers to 3.1 million. The move came in conjunction with the company’s release...

El Segundo, Calif.-based satellite TV operator DirecTV boosted its second-quarter 2004 revenues to $2.64 billion, marking a 21-percent jump from the same period last year. However, the company’s bottom-line operating...

BSkyB, the UK satellite pay-TV operator, added 81,000 subscribers in the three months to June 30. As a result, the operator now has close to 7.4 million DTH subscribers in...