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New Skies’ Results Slip
The fourth-quarter and full-year 2002 financial performances for satellite operator New Skies Satellites were off compared to 2001, due to a difficult economy, adoption of a new accounting rule for […]
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Showtime Aims To Hit Breakeven Target This Year
Showtime, the leading Middle East pay-TV operator, hopes to add between 50,000 and 100,000 subscribers in 2003. It currently has around 250,000 subscribers and the operator could reach the cashflow […]
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Spanish DTH Merger Moves A Step Closer
The merger between the two Spanish direct-to-home (DTH) satellite platforms, Sogecable’s Canal Satelite Digital and Telefonica’s Via Digital, moved a step closer when Telefonica and Sogecable agreed to comply with […]
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Galileo, Rosetta Futures Loom Large For ESA
So far, it has been a difficult year for the European Space Agency (ESA). Problems with the launch of the Rosetta scientific mission as well as continuing questions over the […]
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Eutelsat Sale Delay Proves Costly
France Telecom’s decision to sell its stake in Eutelsat to the French investment company Eurazeo has cost the French telco more than 100 million euros ($108 million), compared to the […]
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Noteworthy
Don’t miss the world’s largest satellite industry conference and exhibition! SATELLITE 2003 February 26 – 28, 2003 Washington Convention Center Washington, DC http://www.satellite2003.com SATELLITE 2003 is the industry event where […]
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Udowitz Joins SBCA As Communications Director
Robert Udowitz has joined the Satellite Broadcasting and Communications Association (SBCA) as director of communications. Udowitz will serve as SBCA’s primary spokesman and will oversee all communications activities. He will […]
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ND SatCom To Build U.S. Teleport for Intelsat
Germany’s ND SatCom has been awarded a contract by Intelsat for a turnkey delivery of five C-Band Standard A antenna systems, one Ku-Band Standard C antenna system and all associated […]
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ESA, Russia Sign Space Cooperation Accord
The European Space Agency and the Russian government have signed an agreement to cooperate in the use of space for “peaceful purposes.” The accord replaces one concluded in 1990 between […]
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GlobeCast Introduces DTH Platform On Eutelsat HOT BIRD
Satellite broadcast services provider GlobeCast has launched a digital direct-to-home platform on a Eutelsat HOT BIRD satellite. The France Telecom [NYSE: FTE] subsidiary’s new proprietary DTH platform will operate on […]
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Falconhead Pays $30M for Maritime Telecommunications
Private investment firm Falconhead Capital is paying $30 million to acquire Maritime Telecommunications Network, a provider of satellite-based communications and networking services to the cruise ship and offshore oil and […]
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Uncategorized
New Skies’ 2002 Results Slip
The fourth-quarter and full-year 2002 financial performances for satellite operator New Skies Satellites [NYSE: NSK] were off compared to 2001, due to a difficult economy, adoption of a new accounting […]
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Uncategorized
Noteworthy
Don’t miss the world’s largest satellite industry conference and exhibition! SATELLITE 2003 February 26 – 28, 2003 Washington Convention Center Washington, DC http://www.satellite2003.com SATELLITE 2003 is the industry event where […]
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Uncategorized
Integrated Services To Acquire Global Pocket PC Solutions
Integrated Services Group (ISVG) and Global Pocket PC Solutions have signed a letter of intent under which Integrated Services will acquire Global Pocket PC Solutions for an undisclosed consideration. Global […]
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TRL Signs Agreement To Convert Truck Fleet To Aether MobileMax
Aether Systems [Nasdaq: AETH], a provider of satellite-based mobile fleet tracking products, has signed a contract with truckload carrier TRL (Pittson, Pa.) to convert its entire fleet of 600 trucks […]
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Sutron Signs Satellite Contract with Venezuelan Utility
Sutron has received a $445,000 contract for a meteorlogical-hydrological project from Venezuelan electricity provider CVG Electrificacion del Caroni (EDELCA). Under the contract, Sutron (Sterling, Va.) will provide remote hydro-met stations […]
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Peregrine Semiconductor Closes $23M Financing
Peregrine Semiconductor, a supplier of high-performance integrated circuits for satellite, wireless and wireline communications, has raised $7.5 million in the third and final tranche of its $23 million series A1 […]
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EchoStar, EarthLink Partner On TV/Internet Package
Littleton, Colo-based EchoStar Communication Corp. [Nasdaq: DISH] and Atlanta-based EarthLink [Nasdaq: ELNK], the nation’s third-largest Internet service provider, have agreed to team up to bundle EchoStar’s DISH Network digital satellite […]
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SBC Is Unlikely To Buy DirecTV, Lehman Brothers Says
Despite reports that Bell giant SBC [NYSE: SBC] is in discussions to buy satellite TV operator DirecTV Inc., Lehman Brothers analysts think a deal is unlikely. Blake Bath, a Lehman […]
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Space Imaging Refocuses
Space Imaging will be pursuing future opportunities with 65 fewer employees after layoffs there last Thursday. The company’s board of directors approved the cuts and also backed plans to secure […]
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Columbia’s Satellite Impact Limited
The dramatic impact of the Challenger explosion on the U.S. launch and satellite industries will not be repeated in the aftermath of the Columbia disaster, experts say. When the Challenger […]
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Satellites Can Rise Above Disaster
By Joe Pelton The recent Columbia disaster, as tragic as it was, has highlighted the danger of the U.S. relying too heavily on the space shuttle for access to space. […]
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Spotlight: CapRock Expands Gulf Coast Customer Base
CapRock Services Corp., established in 1981 to provide satellite communications services to the oil and gas community, just added Oceaneering International Inc. [OII] to its customer base. CapRock’s IP Xpress […]
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Eutelsat CEO: Everything Comes With A Price
European fixed satellite service (FSS) operator Eutelsat has rarely been out of the headlines in recent months. Last month, it saw the Ariane 5 fail to place its HOT BIRD […]
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Loral Faces Damages Claim Of $350 Million
New York’s Loral Space & Communications [LOR] is acknowledging for the first time that claims against it by France-based Alcatel Space could have a “material” impact on its financial picture. […]
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New Skies To Relocate Satellite
New Skies Satellites N.V. [NSK], a global satellite operator based in the Hague, the Netherlands, plans to change the orbital assignment for its yet-to-be launched NSS-8 satellite. The spacecraft originally […]
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Livanos Joins Northrop Grumman
Alexis Livanos is leaving his position as an executive vice president of Boeing Satellite Systems division to join Northop Grumman [NOC]. In his post as vice president of program operations […]
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ViaSat Receives SKYLink Order
ViaSat [VSAT] has received a delivery order from ARINC for initial production quantities of SKYLink airborne integrated satellite communications terminals. The contract includes delivery of terminals for corporate jets built […]
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Epicus Teams With DirecTV Partner
Epicus, a subsidiary of Phoenix International Industries [PHXU], has signed a comprehensive joint sales and marketing agreement with Satellite Solutions, a DirecTV reseller. The agreement enables Epicus (West Palm Beach, […]
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S&P Downgrades Telesat
Standard & Poor’s Rating Services has downgraded Telesat Canada’s debt rating. S&P analyst Barbara Komjathy said the company’s biggest challenge is excess capacity on satellite and fiber-optic networks, which could […]