Author: Staff Writer

GLOBALSTAR DEFAULTS

Financially troubled Globalstar took the unusual step of deliberately defaulting on a $250 million bank credit line to get an additional six months of cash for its faltering satellite phone...

Broadband Gets the Green Light

By Peter Brown Well-established VSAT hardware vendors, satellite operators and other satellite solution providers are starting to roll out a long list of new satellite-based Internet access platforms and services...

Dollars And Sense: Risky Business?

By Mark Crossman and Anh Steininger During an investor meeting held in New York on May 16th, Loral informed investors and analysts of the company’s progress since the end of...