Featured Stories

Falconhead Buys MTN

Private investment firm Falconhead Capital is paying $30 million to acquire Maritime Telecommunications Network (MTN), a provider of satellite-based communications and networking services to the cruise ship and offshore oil...

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...

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...

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...

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....

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...