Featured Stories

MVS Sells 1,000 Inmarsat Terminals

The MVS Group, a distribution partner for Inmarsat’s high-speed satellite-based Regional BGAN service, has sold 1,000 terminals for the service and expects Regional BGAN to triple its own commercial sales...

Pegasus' Temporary Stock Symbol

Pegasus Communications Corp. said that as a result of its previously announced one-for-10 reverse stock split, its Class A common stock has been trading on Nasdaq on a post- split...

Canadian Satellite TV Gains Slow

Cable TV providers are gaining market share in the Canadian digital television market at the expense of satellite TV services, a new study has found. Canadian satellite TV providers have...

Globecomm Gets $5.3M In Contracts

Hauppauge, N.Y.-based Globecomm Systems Inc. [GCOM], a provider of satellite communications services, won two satellite equipment infrastructure pacts valued at $5.3 million. The first contract, obtained from an unidentified customer...

ITU, Inmarsat To Provide Rural Service

The International Telecommunication Union is partnering with London-based Inmarsat to promote rural telecommunication and support emergency communications in developing countries. Inmarsat will make a 105,000 euro ($109,500) contribution toward the...

Orbital Recovery Hires Ikin

Orbital Recovery Corp. has appointed Kirby Ikin as its senior vice president for risk management. Ikin has extensive experience in the space insurance and risk management sectors, which he will...

Tonga Maneuvers To Save Slot

Criticism that the tiny island nation of Tonga has been warehousing orbital slots without using them may be muted a bit after the country recently bought from Seattle Scientific Corp....

Titan II Launches from Vandenberg

The U.S. Air Force successfully launched a Titan II booster from Vandenberg Air Force Base in California at 6:19 a.m. Jan. 6. The joint government and industry project, dubbed “Coriolis,”...

DirecTV Latin Unit Retrenches

Financial and operational challenges have spurred DirecTV Latin America LLC to begin a restructuring that ultimately could lead to a merger with News Corp.-backed satellite TV rival SKY Latin America...

The Satellite News Financial Ticker

Week of January 6 – 10, 2003 Percentage Change Symbol Jan. 9 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.67 (6.7) (12.1)...