Archive

Focus: Telecom

  • EADS Astrium Revenues Climb In 2008 First Quarter

    [Satellite News – 5-14-08] EADS Astrium recorded revenues improved to 751 million euros ($1.2 billion) in the 2008 first quarter, primarily due to the ramp-up of Paradigm services and an […]

  • DirecTV Completes Financing

    [Satellite News – 5-14-08] DirecTV Holdings LLC and DirecTV Financing Co. Inc. completed $2.5 billion in debt financing, the DirecTV Group announced May 14.     This financing consists of $1.5 […]

  • ViaSat Posts Record Quarter, Fiscal Year

    [Satellite News – 5-14-08] ViaSat Inc. posted gains in revenue and net income for both the fourth quarter of 2008 and its fiscal year, the company announced May 13.     […]

  • SpaceConnection Acquires Occasional Use Business Of 5DTV

    [Satellite News – 5-14-08] Occasional use provider SpaceConnection will acquire the occasional use satellite space segment services business of 5DTV, SpaceConnection announced May 13.     The acquisition will bring enhanced […]

  • EchoStar Suspends Construction On CMBStar

    [Satellite News – 5-14-08] EchoStar Corp. is suspending construction of the CMBStar satellite, the company reported in a filing with U.S. Securities and Exchange Commission.     The satellite, which will […]

  • Arianespace Reschedules Skynet, Turksat Launch

    [Satellite News – 5-14-08] Arianespace rescheduled the launch of the Skynet 5C and Turksat 3A satellites to May 30, the company announced May 14.     The mission, originally scheduled for […]

  • SES Americom Names New Marketing Director

    [Satellite News – 5-14-08] SES Americom named Jodi Morelli marketing director for its media and enterprise services, the company announced May 14.         Morelli , who has 20 years […]

  • Dish Posts Gains In Income, Revenue

    [Satellite Today – 5-13-08] Dish Network Corp. reported a 7.5 percent increase in revenue for the first quarter of 2008 and a 65 percent increase in income, the company announced […]

  • Sirius Posts First Quarter Gains

    [Satellite Today – 5-13-08] Sirius Satellite Radio reported a 33 percent jump in revenues in the first quarter of 2008 and cuts its net loss, the company announced May 12. […]

  • MDA Revenues Cut By Rising Canadian Dollar

    [Satellite Today – 5-13-08] MacDonald, Dettwiler and Associates Ltd. (MDA) posted a 5.2 percent decrease in revenues for the first quarter of 2008 but earnings jumped 23 percent, the company […]

  • Comtech To Acquire Radyne

    [Satellite News – 5-13-08] Comtech Telecommunications Corp. will acquire Radyne Corp. in a deal that will allow Comtech to improve its leadership position in the ground station and amplifier markets, […]

  • GeoEye Loses Revenue In First Quarter, Gains Income

    [Satellite Today – 5-12-08] GeoEye Inc. posted a 6.5 percent decrease in revenue for the first quarter of 2008 but reported a gain in net income, the company announced May […]

  • Gilat To Provide VSAT Network To Mongolian Telecom

    [Satellite Today – 5-12-08] Gilat Satellite Networks Ltd. will provide Mongolian telecommunications company Incomnet with a SkyEdge broadband satellite communications network, Gilat announced May 12.     Incomnet will use the […]

  • SpaceDev Reports “Record” Revenue, Decrease In Profit

    [Satellite Today – 5-12-08] SpaceDev Inc. reported a 14 percent increase in revenue for the first quarter of 2008, but a sharp decrease in income from operations, the company announced […]

  • ICO Completes Mim Milestones

    [Satellite Today – 5-12-08] – ICO Global Communications (Holdings) Ltd. has filed its final milestone certification with the U.S. Federal Communications Commission (FCC) confirming that its satellite system is operational, […]

  • Comtech To Acquire Radyne

    [Satellite Today – 5-12-08] Comtech Telecommunications Corp. will acquire Radyne Corp. in an all-cash transaction worth about $223.6 million in equity, Comtech announced May 12.     Radyne’s satellite earth station […]

  • HughesNet Passes 400,000 Subscribers

    [Satellite Today – 5-12-08] HughesNet broadband satellite Internet has passed the 400,000 subscriber mark, Hughes Network Systems LLC announced May 8.     “The continued growth in our subscriber base is […]

  • SES Americom CEO Resigns

    [Satellite Today – 5-9-08] Ed Horowitz has resigned as president and CEO of SES Americom, parent company SES announced May 9. Horowitz will join Global Entertainment and Media Holdings Corp.  […]

  • ATK Barred From MDA Purchase

    [Satellite Today – 5-9-08] Alliant Techsystems Inc.’s (ATK) bid to purchase MacDonald Dettwiler and Associates Ltd. (MDA)’s information systems and geospatial services businesses has been rejected by the Canadian government, […]

  • GPS Handset Sales To Increase

    [Satellite Today – 5-9-08] More than 550 million GPS-enabled handsets will ship by 2012, according to a research report from ABI Research released May 9.     In the wake of […]

  • Tata Sky Reaches 2 Million Subscribers

    [Satellite Today – 5-9-08] Indian direct-to-home (DTH) operator Tata Sky has more than 2 million subscribers, reaching this milestone in 20 months, the company announced May 7,     Tata Sky […]

  • Inmarsat Reports Increase In Profit, Revenues For First Quarter

    [Satellite Today – 5-8-08] Inmarsat Holdings Ltd. reported a 5 percent increase in revenue and a 9 percent increase in profit after tax for the first quarter of 2008, the […]

  • Globalstar Losses Grow As Revenues Decline

    [Satellite Today – 5-8-08] Globalstar Inc. saw revenues slip 5 percent in the first quarter of 2008 as operating losses surpassed $11 million, the company announced May 7.     Revenue […]

  • Globecomm Reports Profitable Quarter

    [Satellite Today – 5-8-08] Globecomm Systems Inc. posted an 11 percent increase in revenues for the third quarter of fiscal year 2008, including a 117 percent increase in revenues from […]

  • Norsat Reports ‘Challenging’ Quarter

    [Satellite Today – 5-8-08] Norsat International Inc.’s satellite system segment posted a 35 percent decrease in sales for the first quarter of 2008 and a 31.1 percent decrease in gross […]

  • ATK Posts Strong Quarter, Year

    [Satellite Today – 5-8-08] Alliant Techsystems (ATK) Launch Systems division posted a 3 percent increase in sales and a 2 percent increase in operating profit for the fiscal year 2008 […]

  • Eutelsat Secures Launch Insurance Through 2011

    [Satellite Today – 5-8-08] Eutelsat has secured the “largest insurance package ever placed for a satellite operator,” Willis Inspace announced May 7.     The package provides guaranteed premium rates for […]

  • SkyPort To Provide Bandwidth To Drilling Rigs

    [Satellite Today – 5-7-08] SkyPort Global Communications signed an agreement to provide satellite bandwidth to Sabine Rig Communications’ oil and gas drilling clients, SkyPort announced May 7.     SkyPort will […]

  • Orbcomm Orders Next-Generation Satellites

    [Satellite Today – 5-7-08] Orbcomm Inc. has signed a $117 million contract with Sierra Nevada Corp. (SNC) to build 18 Orbcomm Generation 2 (OG2) satellites, Orbcomm announced May 7.     […]

  • Hellas Renews Capacity Contract With Eutelsat

    [Satellite Today – 5-7-08] MultiChoice Hellas renewed its satellite capacity contract with Eutelsat Communications until 2010 and also signed a contract for a fifth transponder, Eutelsat announced May 6.     […]