Author: Staff Writer

Increased U.S. government spending on commercial satellite capacity and expected growth in that demand has put Wilton, Conn.-based PanAmSat Corp. [SPOT] on the verge of making an acquisition to pursue...

Foundation Telecommunications Inc. (FTI) and SES Americom Inc., an SES Global unit, have agreed to a strategic partnership that will enable cable system operators to deliver broadband Internet connectivity. FTI’s...

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...

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...

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 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...

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...

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)...

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...

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...