E-letter: News Feed
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The Satellite News Financial Ticker
Week of Feb. 14- 20, 2003 PercentageChange Symbol Feb. 20 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.72 7.5 (6.0) 11.0 – […]
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Arianespace’s Challenging Future
The successful launch of the last Ariane 4 rocket not only carried the Intelsat 907 satellite into orbit but also ushered in a new era of dependence by Arianespace on […]
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Latin Operators In Limbo
Latin America’s satellite and network services sector is reeling from a worldwide economic downturn, and no one expects much improvement anytime soon. Many companies in the region receive revenues in […]
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Canada Mulls Lifting Foreign Ownership Limits
Canada’s parliament is holding hearings this month to review whether to ease its foreign ownership restrictions in the telecommunications sector. Canadian law requires telecom companies — wireline, wireless and satellite […]
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Spotlight: British Airways Tests In-flight Broadband
British Airways is trying out the new Connexion by Boeing’s in-flight satellite broadband service onboard one of its daily transatlantic flight between London and New York. The service is designed […]
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Canadian DBS: The Northern Duopoly
Canada has almost 32 million people and roughly 2.1 million of the country’s 11 million-plus TV households (TVHHs) receive their direct broadcast satellite (DBS) signals either from Star Choice or […]
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MTN Prospects For Oil And Gas Customers
Maritime Telecommunications Network (MTN), a Miramar, Fla.-based provider of ship-to-shore satellite communications, is aggressively exploring its opportunities to serve customers who operate offshore oil and gas rigs. MTN traditionally has […]
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Loral Backs Reverse Stock Split
Loral Space & Communications [LOR] wants shareholder approval to implement a reverse stock split at its annual meeting on May 29 to comply with New York Stock Exchange share price […]
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Space Imaging In Bangkok
Space Imaging Southeast Asia, an affiliate of Denver, Colo.-based Space Imaging, has begun direct tasking and data collection of high-resolution imagery from the IKONOS satellite. The operations as well as […]
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Raytheon Reaches Milestone
Raytheon [RTN] has completed contractor acceptance and inspection for the Federal Aviation Administration’s Wide Area Augmentation System (WAAS), a component in the agency’s next-generation space-based aircraft navigation and landing system. […]
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GlobeCast Expands Presence
Satellite broadcast provider GlobeCast, a France Telecom [FTE] subsidiary, is expanding its Asian operations to include Japan and Korea through the opening of a liaison office in Tokyo. The Tokyo […]
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Intelsat Launches Asian Service
Intelsat and Television Broadcasts (TVB) will set up a joint venture, Galaxy Satellite Broadcasting, offering pay-TV service for Hong Kong. Intelsat will own a 51 percent stake in the venture, […]
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SiRF To Acquire Wireless Company
SiRF Technology, of San Jose, Calif., has signed a definitive agreement to acquire Enuvis, a wireless location technology provider. The terms of the acquisition were not disclosed. SiRF intends to […]
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Orbital Recovery Names Advisor
Orbital Recovery has selected PricewaterhouseCoopers as its financial advisor, with responsibility for leading the company through its final funding round for its new Geosynch Spacecraft Life Extension System (SLES). PricewaterhouseCoopers […]
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MDA Gets Bangladesh OK
MacDonald, Dettwiler and Associates [MDA] announced that the $4.45 million Canadian ($2.9 million) second phase of its Environmental Monitoring Information Network (EMIN) in Bangladesh has been approved for implementation. The […]
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GlobeCast 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 [FTE] subsidiary’s new proprietary DTH platform will operate on the […]
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The Satellite News Financial Ticker
Week of Feb. 7 – 13, 2003 Percentage Change Symbol Feb. 13 Price One Week One Month Three Month Year toDate Operators APT SATELLITE HLDGS ATS 1.78 13.4 6.6 6.6 […]
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Sea Launch Breaths Sigh of Relief
The malfunction of a Russian Proton rocket launch last November is unlikely to affect Sea Launch’s procedures and launch schedule, according to a Failure Review Oversight Board (FROB). Sea Launch’s […]
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Investor Sees MTN As Bargain
The $30 million purchase of Maritime Telecommunications Networks (MTN), a Miramir, Fla.-based provider of offshore satellite communication services, offers “very good value” and strong growth potential, said David Moross, chairman […]
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2003: A Satellite Industry Odyssey
By Roger Rusch Planning for 2003 requires an assessment of what the future holds. While prognostication is an inexact science, we can extrapolate certain trends. Present conditions and “external forces” […]
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Spotlight: Boeing Showcases Real-time Flight Information
Boeing’s [BA] Air Traffic Management (ATM) and Connexion by Boeing units last week successfully demonstrated a number of enhancements to the U.S. National Airspace System (NAS). The enhancements are intended […]
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Cable vs. DBS Battle Affects Growth
The U.S. direct broadcast satellite (DBS) industry has had a marked advantage over cable since it was launched in 1994. The DBS providers emerged to deliver better pictures at a […]
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News Corp, Not SBC, Is Likely Buyer Of DirecTV
Any bid Bell giant SBC Communications [SBC] may be exploring to buy U.S. satellite TV provider DirecTV most likely will not reach fruition, Wall Street analysts predicted. Lehman Brothers and […]
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Raytheon Wins Italian Navy Order
Raytheon [RTN] will provide an integrated electronics suite (IES) for the Italian Navy’s multi-purpose vessel program under a foreign military award of $31.8 million equipping the Italian government with the […]
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GS Provides Mozambique Teleport
African satellite services provider GS Telecom has installed a high-rise teleport in Maputo, the capital of Mozambique, to provide telecommunications services throughout the country. GS Telecom is installing a ViaSat […]
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Diebold Uses Satellites For ATMs
Diebold [DBD] has contracted with Spacenet, the U.S. subsidiary of Israel’s Gilat Satellite Networks [GILTF], to become an authorized channel partner of Spacenet’s Connexstar business-grade satellite broadband service. As a […]
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KVH Offers Marine Communications
KVH Industries [KVHI] is launching a satellite communications system designed for maritime use – the Tracphone F55. The Tracphone F55 uses Inmarsat’s satellites to offer leisure and small commercial vessels […]
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New Skies’ 2002 Results Slip
The fourth-quarter and full-year 2002 financial performances for satellite operator New Skies Satellites [NSK] were off compared to 2001, due to a difficult economy, adoption of a new accounting rule […]
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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 […]