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Europe*Star CEO Sets Aggressive Targets
Europe*Star CEO Yves De La Serre said he expects his company to improve the fill rates on its satellites. De La Serre told SATELLITE TODAY: “We are targeting to increase […]
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Intelsat To Pay $1 Billion For Loral’s North American Satellites
Intelsat is addressing one of its most glaring weaknesses by signing an agreement to acquire for $1 billion six Loral Space and Communications [NYSE: LOR]satellites and orbital slots to serve […]
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Boeing Takes $1.1 Billion Charge For Launch, Satellite Losses
Boeing [NYSE: BA] announced Tuesday that, as a result of continued weakness in the commercial space launch market, higher mission and launch costs on its Delta IV program, and cost […]
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Hong Kong’s Galaxy Awards Satellite Transmission Contract To Tandberg
Hong Kong-based pay TV operator Galaxy Satellite Broadcasting has awarded a contract to Tandberg Television to provide a satellite transmission system for Galaxy in Asia. Under the contract, Tandberg will […]
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Heinerscheid Named President and CEO of Satlynx
The European broadband satellite venture Satlynx wasted little time in naming Paul Heinerscheid to replace Yves Elsen as its new president and CEO. Elsen announced he would be stepping down […]
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FAA Satellite Navigation System Achieves Program Milestone
The Federal Aviation Administration (FAA) has commissioned its latest satellite navigation system for instrument flight use. The Wide Area Augmentation System (WAAS) enhances the accuracy and reliability of the Global […]
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Arianespace Readies August Launch of Three Satellites
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 […]
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ILS Readies Rainbow 1 Launch This Week
International Launch Services is preparing for the launch of Cablevision Systems’ [NYSE: CVC] Rainbow 1 DBS satellite onboard an Atlas V from Cape Canaveral, Fla., scheduled for July 17. The […]
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Eutelsat Confident HDTV Will Make Impact in Europe
Paris-based satellite operator Eutelsat wantsto be one of the key players in bringing the high-definition TV (HDTV) experience to European consumers, according to CEO Giuliano Berretta. He told SATELLITE TODAY: […]
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Teledesic Relinquishes License
Teledesic’s one-time plan of launching a $10 billion constellation of satellites to provide broadband services worldwide has been gradually scaled back over the years. But the company’s latest move of […]
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WRC Wraps Up With Key Agreements
The International Telecommun-ication Union’s World Radiocommuni-cation Conference (WRC) wrapped up its month of spectrum allocation work on July 4 with key agreements for satellite and terrestrial wireless services. The WRC […]
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Spotlight: Hurricanes Drive Customers To Satellites
Damaging winds from hurricanes and tropical storms are prompting oilrig platform operators to replace less robust microwave towers with satellite communications. That is the word from Errol Olivier, president of […]
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A Sirius Financial Turnaround
By Jimmy Schaeffler Earlier this year, the technology sector was battered, the national economy was weak, and the only two U.S. satellite radio companies – XM Satellite Radio [Nasdaq: XMSR] […]
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Globalstar Advances Toward Merger With ICO
Changes already are occurring in anticipation of the previously announced merger between mobile satellite service (MSS) providers – San Jose, Calif.-based Globalstar [OTCBB: GSTRF.OB] and London-based ICO Global Communications (Holdings) […]
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Orbital Cuts Interest Costs With New Financing
Dulles, Va.-based Orbital Sciences [NYSE: ORB] is expected to save more than $10 million in annual interest costs through a $135 million debt financing that it closed last week. Orbital […]
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International Alliance Formed
France’s Arianespace, U.S.-based Boeing [NYSE: BA] and Japan’s Mitsubishi Heavy Industries [PNK: MHVYF.PK] expect to complete a satellite launch alliance by the third quarter, according to Suzanne Chambers, Arianespace director […]
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Intelsat Transmits All-Star Game
Major League Baseball International, which coordinates network planning and broadcast of Major League Baseball (MLB) games, has chosen Intelsat to broadcast the July 15 All- Star Game to viewers worldwide. […]
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Globecomm Deployed in Baghdad
Globecomm Systems [Nasdaq: GCOM], a Hauppauge, N.Y.-based provider of satellite-based communications, announced last week that it has been working with an unidentified customer in an effort to restore telecommunication services […]
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Netsystem Adds Astra Transponder
Italy’s Netsystem has signed a long-term agreement to use a second transponder on SES Astra’s satellite at 19.2 degrees East Longitude to provide satellite-based Internet service throughout Italy. This follows […]
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Boeing-SAIC Selects Partners
Boeing [NYSE: BA] and Science Applications International Corp. has selected 15 partners to join the U.S. Army future combat systems (FCS) program. The 15 new partners will lead teams of […]
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Infiniti Offers Satellite Radio
Nissan North America’s Infiniti division will begin offering XM Satellite Radio [Nasdaq: XMSR] and Sirius Satellite Radio [Nasdaq: SIRI] equipment as a factory or dealer installed option for its entire […]
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PlanetLink Signs Sales Accord
PlanetLink Communications [OTC BB: PLKC.OB] , a Cumming, Ga.-based provider of satellite-based products and services, has signed a sales and marketing agreement with James J. Vogel, dba Market One Direct, […]
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SBCA Chief Slams Pricing
Andrew Wright, president of the Satellite Broadcasting and Communications Association (SBCA), said that the Federal Communications Commission’s Report on 2002 Cable Industry Prices, released last week, “illustrates why consumers continue […]
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Stratos Adds Satellite
Stratos [TSX:SGB], a Bethesda, Md.-based provider of global remote communications, has begun providing Inmarsat leased services through a fifth satellite located at 143.5 degrees East Longitude. This satellite enables global […]
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The Satellite News Financial Ticker
Week of July 7-10, 2003 Percentage Change Symbol July 10 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 3.51 35.5 91.8 190.1 104.1 […]
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SnapTrack Partners with Motorola In China
SnapTrack, a subsidiary of Qualcomm [Nasdaq: QCOM], and Motorola [NYSE: MOT] have agreed to provide CDMA carrier China Unicom [NYSE: CHU] with SnapTrack’s assisted GPS location server platforms. SnapTrack’s position […]
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Herley Receives Contract for GPS-based Missile Tracking Hardware
Lancaster, Pa.-based Herley Industries [Nasdaq: HRLY] received a contract from the U.S. Navy and Air Force‘s Joint Advanced Missile Instrumentation Program to supply GPS-based time space position indicator processor unit. […]
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Trimble Gains Patent for Status Reporting System
GPS device maker Trimble [Nasdaq: TRMB] received a U.S. patent for its automated status reporting of ready-mix concrete trucks. The system allows fleet operators to receive automated status reports of […]
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Anaren Plans To Dispose Of European Operation
Anaren [Nasdaq: ANEN], a Syracuse, N.Y.-based maker of integrated microwave components for satellite and wireless communications, Friday said it plans to dispose of its Anaren Europe operation. “This action is […]
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EMS To Keep Satellite Unit
Atlanta-based EMS Technologies [Nasdaq: ELMG] announced Friday that it plans to keep its startup satellite networks business when it sells off its Montreal-based commercial space division later this year. The […]