Satellite Radio at CES: Get Ready 2003
LAS VEGAS–At the recent Consumer Electronics Show (CES) here, XM Satellite Radio [XMSR] seemed to have its name on just about every banner, kiosk or bag in sight. However, rival...
Author: Staff Writer
Delta II Delivers NASA Satellites
A Boeing [BA] Delta II rocket has successfully launched the National Aeronautics and Space Administration’s ICESat (ice, cloud and elevation satellite) and CHIPSat (cosmic hot interstellar plasma spectrometer satellite) from...
New Globalstar Investor Faces Significant Risk
A new investor is recognizing the value of the Globalstar handheld satellite phone service. The investor, New Valley Corp. [NVAL], is preparing to pump money into the financially struggling operation....
Globecomm Gets $15M Contract
Globecomm Systems [GCOM], a provider of satellite-based communications, received a $15 million contract to provide satellite infrastructure to a European customer. Under the terms of the contract, Globecomm will modernize...
DirecTV Guidance For 2003
The 2003 outlook for Hughes Electronics [GMH] subsidiary DirecTV Inc. is more promising that the company’s conservative guidance would suggest, concluded Karim Zia, the cable and satellite analyst with Deutsche...
The Satellite News Financial Ticker
Week of January 13 – 17, 2003 Percentage Change Symbol Jan. 16 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.79 7.2 (3.2)...
PanAmSat's Revenues Slip
While 2002 revenues slipped, PanAmSat Corp.’s [SPOT] cost-cutting during the past year helped the company to achieve slightly improved profitability, company officials reported Tuesday. The company posted 2002 revenues of...
Lufthansa's In-flight Internet
Passengers aboard a Lufthansa Boeing 747-400 can now use laptops to gain high-speed connections to the Internet, including full access to their personal or business e-mail accounts and files. As...
New Skies Expands In Asia-Pacific
New Skies Satellites [NSK] and REACH, an international carrier of voice, private line and IP data services, have signed an agreement that will combine the capabilities of New Skies’ newly...
Spacenet To Provide Lottery VSATs
Gilat Satellite Networks Ltd.’s [GILTF] subsidiary Spacenet Inc. has signed multiple agreements with global lottery services provider GTECH Corp. to install more than 10,000 Gilat Skystar Advantage broadband satellite communications...