Author: Staff Writer

DirecTV Reaches Settlement Agreement With NRTC

DirecTV, the satellite TV unit of Hughes Electronics [NYSE: GMH], announced that it has reached a settlement agreement with the National Rural Telecommunications Cooperative (NRTC) dismissing their claims against each...

CSI Wireless Closes $3.8M Private Placement

CSI Wireless [TSX: CSY], a Calgary, Canada-based designer and manufacturer of wireless and GPS products, has successfully closed an offering of 3,305,750 stock and warrant units. The units were issued...

Telenor Carves Out Profitable Niche

Despite an industry-wide downturn, aeronautical satellite communication services are gaining momentum. Offering aeronautical services can be a “very sound business for service providers who own and operate a global network...

Bells Look To Satellite For Video Play

The regional Bell operating companies’ latest strategy for providing video service appears to be teaming with direct broadcast satellite (DBS) service providers. Both SBC [NYSE: SBC] and Qwest [NYSE: Q]...

Satellite-Based Digital Signage Market

By Christopher Baugh Satellite-based video distribution is, and perhaps always will be, paramount to satellite industry success. Video represents the vast majority of revenue for virtually every satellite operator worldwide....

Globecomm Gets Iraq Contract from Bechtel

Globecomm Systems [Nasdaq: GCOM], a provider of end-to-end satellite-based communications solutions, has been awarded a contract from engineering, construction, and project management firm Bechtel in support of the U.S. government’s...

XM Orders Fourth Boeing Satellite

Boeing [NYSE: BA] will build and deliver a fourth Boeing 702 satellite for XM Satellite Radio [Nasdaq: XMSR], the Washington, D.C.-based satellite radio services provider. The satellite, designated XM-4, will...