E-letter: News Feed
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Experts See GPS Use Gaining Momentum
Consumer use of Global Positioning System (GPS) services has grown considerably during the past five years and now is almost “omnipresent” in the daily lives of Americans, said Ron Stearns, […]
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Spotlight: 40th Anniversary of Syncom Celebrated
U.S. broadcasting pioneers Walter Cronkite and Jim McKay were joined last week by veteran TV news host David Hartman in a 40th anniversary celebration of the launch of Syncom, the […]
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Satellite Radio Growth Beats Expectations
By Jimmy Schaeffler The nascent satellite radio industry is showing strong legs and a knack for long-term success. Its early growth is second only to the early growth of digital […]
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Hispasat CEO Shrugs Off Digital+ Outcome
Spanish satellite TV provider Digital+ has signed an agreement with Spanish satellite operator Hispasat and Luxembourg-based satellite operator SES Astra to use both of their satellite platforms to broadcast its […]
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Premiere CEO Looks To Pursue Future IPO
German satellite pay-TV operator Premiere will make a decision next year whether to hold an initial public offering (IPO) of stock. The operator, which expects to break through the 3 […]
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The Satellite News Financial Ticker
Week of Dec. 4 – 11, 2003 Percentage Change Symbol Dec. 11 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 2.59 1.2 (1.9) […]
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Spotlight: Concert Helps To Raise Funds To Fight AIDS
A star-studded music concert in Cape Town, South Africa, broadcast worldwide via satellite helped to raise money and awareness to fight AIDS. The three-hour concert on Nov. 29 was made […]
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Regulatory Gains Aid Latin America
By David Hartshorn Expanded satellite market access and earth station interoperability topped the telecom agenda at a recent government/industry meeting held in El Salvador. The focus was to identify the […]
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Latin American Countries Make Progress
Recent gains in promoting access to broadband services in Latin America have resulted from intensive private and public sector efforts to improve satellite regulations throughout the region. Collaboration among officials […]
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Philips Hopes To Exploit Satellite Opportunities
Philips Consumer Electronics [NYSE: PHG], the Dutch-based electronics manufacturer, hopes to take advantage of the consolidation in satellite pay-TV markets across Europe to provide better products and services to its […]
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Belgacom Beefs Up Satellite Strategy With Intelsat Deal
Belgian telecom operator Belgacom has signed a multi-transponder deal with Intelsat to become part of Intelsat’s global satellite network, enabling Belgacom to provide high- speed Internet access to ISPs in […]
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The Satellite News Financial Ticker
Week of Nov. 28- Dec. 4, 2003 Percentage Change Symbol Dec. 4 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 2.56 (1.2) 3.6 […]
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Film Distribution Offers Niche
One of the newest opportunities for entrepreneurial satellite companies is the distribution of feature films via satellite to movie theaters. Movie studios incur huge costs to deliver new releases to […]
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Gilat Commits To Unusual Merger
Israel-based satellite company Gilat Satellite Network [Nasdaq: GILTF] intends to pay roughly $5.8 million, or 60 cents a share, to buy the remaining shares it does not already own in […]
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GPS, Galileo Harmonization Talks Advance
Concerns that Europe’s proposed Galileo satellite navigation system might interfere with the U.S. Global Positioning System (GPS) appear to be easing. Talks between U.S. and European officials are leading to […]
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Industry At Large
People AGI: Names Regional Sales Director Jeffrey McCrindle is now eastern regional sales director for AGI. In this new position, he will manage all field teams serving the eastern United […]
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PanAmSat Buys Terrestrial Network
Wilton, Conn.-based satellite operator PanAmSat [Nasdaq: SPOT] is expanding its land-based capabilities with an all-cash acquisition of Chantilly, Va.- based Sonic Telecom, a provider of international high-definition multimedia transmission services […]
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Lockheed Eyes Space Plane Contract
The high stakes competition to determine the builder of the U.S. government’s multi-billion dollar Orbital Space Plane (OSP) has led Lockheed Martin [NYSE: LMT] to take the unusual move of […]
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Sirius, XM Expect Robust Holiday Selling Season
U.S. consumers interested in subscribing to satellite radio have a host of new receivers to choose from this holiday season. Sirius Satellite Radio [Nasdaq: SIRI] and XM Satellite Radio [Nasdaq: […]
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Spotlight: Asian Oil Operation Gains Bandwidth
China CNOOC [NYSE: CEO], a Hong Kong-based producer of offshore crude oil and natural gas, is deploying a satellite network to carry high-speed data, videoconferencing and voice/fax services. Roughly 40 […]
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North American Transponder Supply Grows
By Edward Morgan In our fast moving satellite communications industry, it is easy to lose track of how various services are driving the demand for capacity. That is why the […]
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News Skies CEO Sees Overcapacity Continuing in 2004
New Skies Satellites [NYSE: NSK], the Dutch satellite operator, continues to perform solidly. In its latest results, the company reported revenues of $54.1 million for the third quarter, which was […]
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The Satellite News Financial Ticker
Week of Nov. 14 – 20, 2003 Percentage Change Symbol Nov. 20 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 2.11 (18.5) (3.2) […]
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Editor’s Note
Satellite News will be taking a break next week for the Thanksgiving holiday. Your next issue will be dated December 8.
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DirecTV Surges, EchoStar Slows In Quarter
Englewood, Colo.-based EchoStar Communications [Nasdaq: DISH] surprised the multichannel world last week by breaking a pattern of growth leadership and reporting several financial and subscriber metrics that uncharacteristically fell below […]
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BTBS Hopes For Further New Skies Collaboration
BT Broadcast Services (BTBS) expects to grow its overall revenues between 2 percent and 3 percent this year compared to 2002. The operator, a provider of terrestrial and satellite-based multimedia […]
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France’s TPS Hopes Aggressive Pricing Will Pay Off
The French satellite pay operator TPS believes an aggressive pricing policy will be one of the keys to its success going forward. It is particularly targeting consumers who may not […]
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The Satellite News Financial Ticker
Week of Nov. 7 – 13, 2003 Percentage Change Symbol Nov. 13 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 2.38 (12.2) (3.6) […]
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EchoStar’s Growth Trend Slows
Englewood, Colo.-based EchoStar Communications’ [Nasdaq: DISH] third quarter subscriber numbers fell short of consensus Wall Street estimates, leaving many analysts uncertain about its future growth. EchoStar had 285,000 net new […]
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Intelsat Aims To Enhance Value
Intelsat is moving swiftly to complete its purchase of the North American satellite assets of Loral Space and Communications [OTCBB: LRLSQ] and its management is looking ahead to an opportunity […]