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STMicroelectronics Passes the 100 Million Mark for Set-Top Box Chips
STMicroelectronics [STM], a supplier of set-top box and MPEG decoder chips, recently shipped its 100 millionth MPEG-2 device to set-top box manufacturers, company officials said. ST’s chips are used in […]
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PanAmSat Promotion Aimed At Freeing CEO To Grow Revenues
The promotion of James Frownfelter to the post of chief operating officer at PanAmSat Corp. [SPOT] is aimed at allowing CEO Joseph Wright to focus on growing the company’s revenues. […]
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Gilat’s Recent Contract Wins in Latin America, Africa Boost Backlog
Gilat Satellite Networks Ltd. [GILTF], a satellite networking technology company, reported a “significant increase” in its order backlog when it released its latest quarterly results Monday. The gains are a […]
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WildBlue Rebounds With Financing
WildBlue Communications Inc. appears locked in to begin commercial service in 2004 after finalizing a $154 million financing package from key strategic partners. As reported in a front page SATELLITE […]
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The New Year Offers Little
A speedy industry recovery from a dismal 2002 is not expected anytime soon. The outlook is for modest improvement in the economy and in business prospects during the year. Satellite […]
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XM Refuels With Needed Financing
Washington-based XM Satellite Radio [XMSR] is sacrificing a big portion of the ownership stake of its existing shareholders in a planned $450 million restructuring that will gain the company about […]
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Spotlight: Wireless Company Offers GPS Feature
Companies increasingly seem open to using alternative technologies to serve their customers. The latest example is Atlanta-based Southern LINC, a wireless communications service from Southern Company [SO]. Southern LINC recently […]
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Foiled Merger Brings Providers Back To Basics
Termination of the proposed merger between DirecTV Inc. and EchoStar Communications Corp. [DISH] ended another chapter in the competitive landscape of the U.S. direct broadcast satellite (DBS) industry. Many now […]
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Arianespace Eyes Quick Recovery From Anomaly
France-based Arianespace S.A. will need a bit more time before it can shake off the Dec. 11 launch failure of an Ariane 5 that occurred during the first mission of […]
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Satellite TV Gaining Ground
The Federal Communications Commission (FCC) has released its ninth annual report on competition in the market for the delivery of video programming. The report finds that cable television still is […]
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Nimiq 2 Launched
The Nimiq 2 telecommunications satellite, designed and built by Lockheed Martin Commercial Space Systems (LMCSS) for Telesat Canada, was successfully launched from the Baikonur Cosmodrome in Kazakhstan. Lift-off occurred Dec. […]
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Comtech Gets $1.3M Order
Melville, N.Y.-based Comtech Telecommunications Corp. [CMTL] has received a $1.3 million order for satellite modems from an unidentified Asian customer for $1.3 million. The order includes the CDM-600 satellite modem […]
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EchoStar To Retire Notes
EchoStar Communications Corp. [DISH] announced that its subsidiary, EchoStar DBS Corp., has elected to retire all of its outstanding 9 º percent senior notes due 2006, three years early pursuant […]
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Beverly Deploys GPS
Beverly Enterprises [BEV] became the first major U.S. healthcare company to enter the field of GPS location and monitoring systems for patient care purposes when it signed a strategic alliance […]
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Stratos To Repay Bridge Facility
Stratos Global Corp., a Bethesda, Md.-based remote communication solutions and services, has reached an agreement with its lending banks regarding amendments to certain terms and conditions of its credit facilities, […]
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ViaSat To Supply VSATs To Mexico
ViaSat Inc. [VSAT] has been awarded a contract by INTERNET Directo S.A. de C.V. to provide a LinkStar broadband VSAT network for the Mexican government’s e- Mexico national IT project. […]
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Castle Harlan Affiliate to Buy Stake in Australian Satellite TV Company
Australian private-equity investment firm Castle Harlan Australian Mezzanine Partners Pty. Ltd. (CHAMP) would become the largest shareholder in Australian satellite TV firm Austar United Communications Ltd. under a bankruptcy reorganization […]
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Excessive Fuel In Engine Blamed For Russian Proton Launch Failure
Khrunichev State Research and Production Space Center, a joint venture partner in International Launch Services Inc., (ILS) made available information regarding the investigation into the Nov. 26 Proton K/Block DM […]
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The Satellite News Financial Ticker
Week of Dec. 30 – Jan. 3 2002 Percentage Change Symbol Jan. 2 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.79 9.8 […]
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Connectivity
Regulatory Review: Interactive Satellite Dishes–The Smaller The Better
by Gerry Oberst Historically, a substantial amount of satellite services have been based on either a small number of customers relying on two-way distribution links using very large antennas, or […]
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Connectivity
Cover Story: Access Asia: Open Markets Mean More Opportunities
Peter J. Brown Asia remains fragmented when it comes to the state of the regional economy. Although news in mid-November of a second large IPO in the Asian telecom sector […]
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Connectivity
Streaming Media: Rebounding With Strong Profit Potential
By Nick Mitsis Satellites are still the best way to reach multiple points with large quantities of content in the most economical way. Even so, applications like Internet streaming have […]
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Finance
Launching To Space: Maintaining A Business In Challenging Times
By James Careless Arguably, buying a rocket these days just got more interesting. With the virtual disappearance of the non-geosynchronous (NGSO) market and a cyclical downturn in geosynchronous (GSO) launches, […]
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Connectivity
Dollars And Sense: The Cost Of Competition–A Good Deal For Consumers
by Armand Musey To the very end, Echostar CEO Charlie Ergen swore that if his Dish Network and DirecTV were not allowed to merge, the DBS companies were doomed to […]
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Industry At Large
People Spectrum Astro Promotes New Executives Spectrum Astro promoted Daren Iverson to vice president of contracts and finance and CFO. His new duties include the oversight and management of Spectrum’s […]
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Connectivity
Web Exclusive: Without Satellite, Club Med’s Columbus Island Village Would Not Exist
by James Careless Club Med’s Columbus Isle in the Bahamas: the name conjures up images of sun, sand and luxurious leisure. For Club Med Management Information Systems Director Mario Fernandez, […]
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Reality TV Hits India
Zonevision has formed an alliance with Zee-Turner in Asia to launch its Reality TV channel in India. The channel will launch on Feb. 1, 2003. The deal was announced on […]
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New Skies Inks Microspace Deal
Microspace, operator of one of the largest business satellite broadcasting networks in the world, has hooked up with New Skies Satellites to broadcast real-time, IP-based information to thousands of locations […]
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Satellite Industry Leaders Ponder Fiber Threat
Satellite and fiber are complementary, not competing technologies. Yet, with more fiber infrastructure in the ground, there clearly will be more pressure on satellite infrastructure, despite it having a far […]
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Premiere Receives Double Boost In Germany
Premiere, the Germany pay-TV operator, continues to show strong signs of progress as its rehabilitation continues. In November, the operator had a net growth of 50,000 subscribers, pushing it beyond […]