Author: Staff Writer

Boeing Head Condit Steps Down

Boeing [NYSE: BA] announced Monday that its board of directors has accepted the resignation of Phil Condit, 62, as chairman and CEO. The aerospace giant named Lewis E. Platt, 62,...

Correction

In the story “StarBand Cleared to Exit Bankruptcy,” which appeared in the Nov. 17 issue of SATELLITE TODAY, we incorrectly identified Gilat Satellite Networks as the strategic partner with which...

Editor's Note

Satellite News will be taking a break next week for the Thanksgiving holiday. Your next issue will be dated December 8.

PanAmSat Buys Terrestrial Network

Wilton, Conn.-based satellite operator PanAmSat [Nasdaq: SPOT] is expanding its land-based capabilities with an all-cash acquisition of Chantilly, Va.- based Sonic Telecom, a provider of international high-definition multimedia transmission services...