Author: Staff Writer

Orbcomm Troubles Continue

Layoffs, Emergency Financing Latest Measures Taken To Keep Company Alive The situation at Orbcomm Global Ltd. [OSC] appears to have gone from bad to worse. The company last week underwent...

Regulatory Review: Satellites in the Cities

By Gerry Oberst A conceit of some regulatory bodies, especially in the more heavily-congested European countries, is that satellite services are, somehow, just for rural areas. This line of thinking...

RAI AND TELE+ TO SHARE OLYMPIC RIGHTS

As tradition dictates, public broadcaster RAI will have the exclusive Italian TV rights to broadcast the Olympic Games taking place in Sydney this September. However, this time around the Italian...

MOTOROLA TO GROUND SATELLITES

US electronics group Motorola has cleared the last hurdle to allow it to pull down satellites orbiting the earth for the bankrupt Iridium mobile phone company, which it backed. Following...

SOGECABLE IN THE BLACK

Spanish Pay-TV group Sogecable recorded a net profit of PTA 345 million (E2.1 million) in the first six months of the year, compared with losses of PTA 1.1 million (E6,611)...