The Satellite News Financial Ticker
Week of April 25 – May 1, 2003 Percentage Change Symbol May 1 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.23 5.1...
Author: Staff Writer
Intelsat Targets Niche Markets
Intelsat Ltd. is targeting opportunities in selected niche business segments after reporting weakened financial results for the first quarter. Intelsat’s net income fell 24 percent to $64.1 million during the...
Satellite Firms Become Fiber-Friendly
Major satellite operators are increasingly turning to fiber optic networks to speed their growth strategies. Once the enemy, fiber is now becoming the friend of satellite executives looking to cut...
FCC Has No Regrets On 12 GHz Band Sharing
Rejecting an effort by the Satellite Broadcasting and Communications Association to overturn an earlier decision, the Federal Communications Commission last week reaffirmed its 2002 order allowing wireless cable operators to...
Spotlight: Surf the Web From Mt. Everest
Princeton, N.J.-based Americom Asia-Pacific is using satellite technology to launch what company officials describe as Mt. Everest’s first Internet café. The Internet café operated at Mt. Everest’s base camp went...
Is There A 'Magic Bullet'?
By Steve Symonds Broadband is the “hot button” du jour in the satellite marketplace. Every trade show, seminar, and magazine these days seems to be hyping how broadband services will...
ICO To Rescue Globalstar From Black Hole
ICO Global Communications, the troubled London-based mobile satellite startup, appears poised to jumpstart its delayed service launch by agreeing to pay $55 million to buy a controlling interest in the...
Gilat To Provide Tibet Telephony
Gilat Satellite Networks [Nasdaq: GILTF] has been selected by China Telecommunications to provide a large-scale, satellite-based rural telephony network in Tibet. China Telecom will make an initial purchase of a...
FAA Awards Air Traffic Control Contract To Honeywell
The Federal Aviation Administration is moving forward with a Global Positioning System (GPS)-based landing-guidance system that will improve aircraft safety during airport approaches and landings. The agency has awarded the...
TPS Questions DTH Consolidation In France
A merger between French rival direct-to-home (DTH) satellite platforms Canal Satellite and TPS is unlikely, according to TPSDeputy Managing Director Guillaume de Posch. Deals to merge platforms in Spain and...