Author: Staff Writer

Telia Mobile, the cellular carrier subsidiary of Sweden’s largest telecommunications company, has signed an agreement with Globalstar Northern Europe Ltd. that will extend Globalstar’s satellite-based telephone service throughout Sweden. Subscribers...

Shrewd Financing Move Provides Cash Until Next Spring It looks like Globalstar L.P. [GSTRF] will be in business until at least the first quarter of next year. In a move...

Comsat Corp. [CQ] has won a three-year, $9 million contract to provide Internet access at 90 megabits per second – the equivalent of about 500 pages of text per second...

GlobeCast, the worldwide broadcasting arm of France Telecom [FTE], plans to launch a broadband service providing Internet access to the Indian subcontinent from the Europe*Star 1 satellite later this year....

EMS Technologies Inc. [ELMG] which recently won a contract for more than 15,000 broadband, Ka-band, two-way VSAT terminals for service with SES/Astra’s 1H satellite, has subcontracted with Norsat International Inc....

Leo Mondale, 41, has been named president of Arianespace Inc., the U.S. subsidiary of the European launch company, and hopes his hard-learned lessons at Iridium LLC will help him in...

Motient Corp. [MTNT], formerly American Mobile Satellite Corp., has formed a new subsidiary, Motient Satellite Ventures LLC, and announced a $50 million investment from an investment group consisting of Columbia...

While the insiders of the satellite industry talk the talk about the power of broadband services via satellite, equipment manufactures remain in a holding pattern. “The satellite broadband end user...

Orbital Sciences Corp. [ORB] can’t seem to catch a break. For years, the company struggled to solve a variety of accounting issues. Now, with those issues in the past, problems...

In a move that observers are describing as an “almost desperate final attempt to win subscribers”, German media company Kirch-Group has decided to reduce the subscription fee sports fans have...