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...

NEWS BYTES...

German news channel n-tv majority owned by CNN/Time Warner, announced improved financial figures at a press conference in Berlin. According to managing director Kenneth Jautz, 2000 marks a business year...

VIASAT WILL LAUNCH BALTIC SERVICE

Scandinavian Pay-TV operator Viasat is taking additional capacity on NSAB’s Sirius at 5 degrees East to simultaneously launch a digital TV platform in the Baltic region alongside the already announced...

THE DRIP, DRIP SKY ANALOGUE SHUTDOWN

Despite official announcements that BSkyB will not shutdown its analogue service until 2001 it is now clear that Sky is well underway in a gradual switch-off. The latest announcement is...

SES WINS FIRST KA-BAND CONTRACT

SES-Astra has signed up Kokua Communications as its first European Ka-Band return path client. SES says there are other major announcements pending. The deal calls for Kokua to use capacity...

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...