Focus: Telecom

Orbcomm Inc. priced its initial public offering (IPO) of 9.2 million shares of common stock at $11 per share, the company announced Nov. 2. The offering was scaled back, as...

Soundexchange, the non-profit organization that collects and distributes royalties from digital music services on behalf of artists and record labels, is seeking higher fees from Sirius Satellite Radio and XM...

The U.S. Air Force awarded Boeing a $299.9 million contract change to further the Wideband Gapfiller Satellite (WGS) program. This funding exercises an option for production of WGS Space Vehicle...

ViaSat Inc. posted record revenues of $131.5 million in its 2007 second quarter, up from revenues of $104.1 million in the same period a year ago, the company announced Nov....

Satellite operator Telesat Canada, a wholly owned subsidiary of BCE Inc., garnered revenues of 113.5 million Canadian dollars in the 2006 third quarter, up slightly from revenues of 112.2 million...

News of Eutelsat and SES Global’s decision to jointly develop a new mobile broadcasting system for Europe is good news for other players such as Alcatel, which is hoping to...

The "back-to-basics" reforms adopted by the U.S. Air Force within the past year to overhaul how it develops satellite systems are starting to show positive results, the service’s program executive...

Giving a whole new meaning to the phrase "beer tabs," an intelligent wireless project jointly sponsored by IBM, Heineken, international shipping company Safmarine and the University of Amsterdam is tracking...

In one of the most significant announcements of the year in the European satellite industry, traditional rivals SES Global and Eutelsat will team up to launch a satellite-based mobile broadcasting...

GSAT Globalstar Inc. priced its initial public offering at $17 per share, the company announced Nov. 2. The company has also added 1 million shares to the offering, bringing the...