-
Uncategorized
SBC, EchoStar Forge Alliance To Offer Bundled Services
San Antonio, Texas-based SBC Communications [NYSE: SBC] and Littleton, Colo.-based EchoStar Communications [Nasdaq: DISH] have formed a strategic partnership to let SBC companies “aggressively market” co-branded SBC DISH Network multichannel […]
-
Uncategorized
Qwest Forges Agreement With Satellite TV Providers for Bundled Services
Denver-based Qwest Communications International [NYSE: Q] has signed strategic marketing agreements with Hughes Electronics’ [NYSE: GMH] DirecTV and EchoStar Communications [Nasdaq: DISH] to make satellite TV services available to its […]
-
Uncategorized
Loral Looks Beyond Bankruptcy
Loral Space and Communications [NYSE: LOR] agreed last week to sell arguably its most precious assets and to enter Chapter 11 bankruptcy-court protection for the chance of emerging from the […]
-
Uncategorized
Intelsat Fills Void With Loral Deal
Intelsat Ltd., of Hamilton, Bermuda, is addressing one of its most glaring weaknesses by signing a definitive asset purchase agreement to acquire six Loral Skynet satellites and orbital slots over […]
-
Uncategorized
Spotlight: Baseball’s All-Star Game Goes Global
Major League Baseball fans in more than 200 countries worldwide watched last week’s All-Star Game with an assist that came from a distance much further away than the nose-bleed seats […]
-
Uncategorized
Satellite Radio Industry Revenue Projections
By Sean Badding The digital satellite radio industry’s run to its one-millionth subscriber is approaching fast. The Carmel Group predicts this first major milestone will be broken during August-September 2003. […]
-
Uncategorized
PanAmSat Puts In-Orbit Satellite Woes In Perspective
PanAmSat [Nasdaq: SPOT] President and CEO Joseph Wright said that technical problems aboard two of the company’s Boeing 601 model satellites now in orbit will not disrupt services to customers […]
-
Uncategorized
Hughes Lifted By Rise In DirecTV Subscribers, Profits
Hughes Electronics [NYSE: GMH] and its satellite TV subsidiary, DirecTV, last week bucked the industry-downturn trend by revealing strong financial results for the second quarter ended June 30. Hughes reported […]
-
Uncategorized
Cablevision Sees DBS Profits At End of Rainbow
CAPE CANAVERAL, Fla. – Not content with its position in the New York cable TV market, Cablevision Systems [NYSE: CVC] plans to take on the two direct broadcast satellite (DBS) […]
-
Uncategorized
The Satellite News Financial Ticker
Week of July 11 – 17, 2003 Percentage Change Symbol July 17 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 3.25 (3.0) 55.5 […]
-
Uncategorized
Nicholas To Head Andrew Next Year
Andrew Corp. [Nasdaq: ANDW], an Orland Park, Ill.-based satellite and telecommunications equipment manufacturer, announced that Vice Chairman and CFO Charles R. Nicholas will succeed Floyd L. English as chairman of […]
-
Uncategorized
Stratos Reports Increase in Earnings, Revenues
Stratos Global [TSX: SGB], a Bethesda, Md.-based satellite communications provider, recorded net earnings for the second quarter of $8.3 million, or 16 cents per share, an increase of $5.7 million […]
-
Uncategorized
iDirect Participates in Launch of Satellite Broadband In Ireland
iDirect Technologies, a privately held company that designs, develops, and markets bi-directional satellite-based broadband access solutions, is working with the South Western Region Authority of Ireland to launch satellite-based broadband […]
-
Uncategorized
Logsdon Named Director of Space Enterprise Council
David Logsdon has been named executive director of the U.S. Chamber of Commerce‘s Space Enterprise Council. In his new position, he will be responsible for U.S. export control policy, space […]
-
Uncategorized
Eutelsat Expects Broadband Push In Next Five Years
Paris-based satellite operator Eutelsat expects revenues derived from broadband services to significantly increase over the next five years, according to CEO Giuliano Berretta. At the moment, broadband constitutes a small […]
-
Uncategorized
Rainbow Seen In Skies Over Florida
CAPE CANAVERAL, Fla.–An Atlas V-521 blasted the Rainbow 1 DBS satellite into orbit at 7:45 p.m EDT Thursday in a launch for Cablevision Systems [NYSE: CVC]. While the launch itself […]
-
Uncategorized
PanAmSat and Liberty Foundation to Deliver Healthcare/Aids To South Africa
PanAmSat [Nasdaq: SPOT] is teaming up with Liberty Foundation, a South Africa-based company that supports education and skills training, to deliver healthcare and educational programming via satellite across all regions […]
-
Uncategorized
E! Networks Looking For Deals With Europe’s Major Satellite Players
E! Networks, one of the largest entertainment channel providers in the United States, is seeking a number of deals with European pay-TV satellite operators in the coming months. The channel […]
-
Uncategorized
Hughes Electronics, DirecTV Report Solid Second-quarter Results
Hughes Electronics [NYSE: GMH] and its satellite TV subsidiary, DirecTV, notched strong results for the second quarter ended June 30. Hughes reported that second quarter 2003 revenues increased 8.1 percent […]
-
Uncategorized
PanAmSat Puts Latest Satellite Woes In Perspective
PanAmSat [Nasdaq: SPOT] officials explained this week that recent technical problems it is incurring with two of its Boeing 601 model satellites will not disrupt services to its customers or […]
-
Uncategorized
ILS Launch Of Cablevision’s Rainbow 1 Satellite Has 40 Percent Chance Of Weather Delay Tonight
At press time, Cablevision Systems [NYSE: CVC] was preparing to launch its first satellite aboard an Atlas 5 rocket Thursday evening but weather conditions could interfere with those plans. Rain […]
-
Uncategorized
Cablevision Plans To Compete Head-to-head with Satellite TV Providers
CAPE CANAVERAL, Fla.–New York-based cable TV operator, Cablevision Systems [NYSE: CVC], plans to use its Rainbow 1 satellite scheduled for launch this evening to compete head-to-head with existing satellite TV […]
-
Uncategorized
Digital Angel Installs GPS-Based Livestock Scanner For PM Beef
Digital Angel [AMEX: DOC], a Minneapolis-based provider of GPS-based tracking devices, has been awarded a contract to supply PM Beef with a GPS-based system for tracking livestock and capturing data […]
-
Uncategorized
Scopus Upgrades Sky Italia Digital TV Platforms
Israel’s Scopus Network Technologies has been selected to upgrade digital broadcasting platforms for Sky Italia, the new name of Italian pay-TV satellite operator Telepiu, which was acquired by News Corp […]
-
Uncategorized
Inforetech Wireless Secures US$1M Line of Credit
Inforetech Wireless Technology [OTC BB: WYRE.OB], a Vancouver, Canada-based supplier of GPS technology for the golf industry, has secured a C$1.5 million (US$1.08 million) line of credit. That amount was […]
-
Uncategorized
Xantic Signs $45M Support Services Contract With ESA
Xantic, a Dutch satellite communications provider, has signed a $45 million contract to provide maintenance and operational support services for the European Space Agency‘s Perth and New Norcia earth stations […]
-
Uncategorized
Hughes, Boeing Settle Dispute Over Purchase of Satellite Manufacturing Operations
Hughes Electronics [NYSE: GMH] has reached a settlement agreement with Boeing [NYSE: BA] that resolves the outstanding purchase price adjustment disputes arising from Boeing’s October 2000 acquisition of Hughes’ satellite […]
-
Uncategorized
ESA Awards Contracts
The European Space Agency has awarded contracts for experimental Galileo satellites, forerunners of the satellite navigation system’s in-orbit validation phase. The first satellite is to be launched during the second […]
-
Uncategorized
Arianespace Readies Launch
At the end of August, Arianespace is preparing to launch three satellites onboard an Ariane 5 rocket from its Kourou spaceport in French Guiana. The three satellites are the European […]
-
Uncategorized
Boeing Makes Critical Scandinavian Connexion
Scandinavian Airlines (SAS)’s deal with Connexion by Boeing, a business unit of Boeing [NYSE: BA] to use Boeing’s satellite-based broadband service on its long-haul flights is further confirmation of the […]