Staff Writer

The default author.

  • Intelsat Revenues, Net Income Drop In 1Q04

    Intelsat Ltd. reported a slight drop in revenues and a 74-percent drop in net income for the first quarter of 2004, compared with the same period last year. Revenues of […]

  • Intelsat Buys Comsat General From Lockheed Martin

    According to Lockheed Martin Corp. [LMT] executives, Intelsat Ltd. will acquire Lockheed Martin’s Comsat General business for $90 million in cash. The deal includes provisions, under certain circumstances, for Intelsat […]

  • Loral Revenues Drop, Net Loss Widens

    Loral Space & Communications Ltd. [LRLSQ] reported a net loss of $79.6 million for the first quarter of 2004, compared with a net loss of $48.2 million during the same […]

  • CapRock Names Tutt Director Of South American Ops

    Officials from satellite telecommunications provider CapRock Communications today said the company appointed Douglas Tutt as director of the company’s South American operations, based in Rio de Janeiro, Brazil. Officials said […]

  • XM Satellite Radio, Cambridge Soundworks Intro PlayDock

    XM Satellite Radio, [XMSR] announced a partnership with Cambridge SoundWorks to produce the PlayDockXM, a portable, high-performance audio system with a flexible docking apparatus that allows rapid connection or removal […]

  • Intelsat Purchases Atlas V Rocket

    International Launch Services (ILS) reported Intelsat Ltd. agreed to purchase an Atlas V rocket for the launch of a future satellite. Financial terms were not disclosed. ILS is a joint […]

  • The Satellite News Financial Ticker

    Week of April 30 – May 6, 2004 Percentage Change Symbol May 6 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.85 3.4 […]

  • NDS Hopes To Conclude New DirecTV Deal

    NDS [NDS], which signed a deal with DirecTV in the first quarter of this year to supply Conditional Access (CA), anti-piracy measures, hopes to follow this up by concluding a […]

  • Viasat Confident Sub Numbers Will Increase

    Viasat expects its number of pay-TV subscribers to really accelerate this year. The satellite pay-TV operator, which offers services in the Nordic region, already has close to 640,000 digital pay-TV […]

  • Broadcasting Trends Show Competition Ahead

    By Richard DalBello, Satellite Broadcasting and Communications Association As the new president of Satellite Broadcasting and Communications Association (SBCA), it is my great pleasure to write about some of the […]

  • Spotlight: NATO Turns To Europe For Critical Services

    France, Italy and the United Kingdom will provide critical new satellite-communications services jointly to NATO starting next year and continuing through 2019. The existing national Syracuse program in France, the […]

  • New Skies Looks Ripe For The Picking

    By Paul Dykewicz, PBI Media LLC The unspectacular first quarter financial results of New Skies Satellites N.V. [NSK] last week likely highlighted part of the reason why its CEO Dan […]

  • DirecTV Builds Momentum

    DirecTV, the satellite TV services unit of The DirecTV Group [DTV], appears to be regaining the momentum it lost a few years when EchoStar Communications [DISH] became the fastest-growing satellite […]

  • XM Sustains Torrid Pace

    Washington, D.C.-based XM Satellite Radio [XMSR] appears to be revving up its growth engine after announcing strong first-quarter results and several catalysts that could accelerate its already blistering pace. The […]

  • AGS, Verestar Offer Feds Broader Network Solution

    Officials from Americom Government Services Inc. (AGS), a wholly owned subsidiary of SES Americom, and Verestar Inc. today said the companies formally linked their complementary General Services Administration federal supply […]

  • Satlynx Provides Broadband Services For ANGA Trade Show

    Satlynx S.A. will provides two-way satellite broadband communications services to ANGA’s Cable 2004 trade show, opening later this week in Cologne, Germany. ANGA e.V. is the German Association of Private […]

  • Arianespace, EADS Ink Billion-Dollar Contract

    Officials from Arianespace and EADS Space Transportation signed a contract worth $3.6 billion for the production by EADS Space Transportation of 30 Ariane 5 launch vehicles. The contract makes EADS […]

  • BAE Systems Opens STC

    BAE Systems is celebrating the opening of the newly upgraded Semiconductor Technology Center (STC) along with the company’s 25th anniversary May 10 at its headquarters in Manassas, Va. The STC […]

  • Omaha Criminal-Justice Concern Picks iSECUREtrac

    ISECUREtrac [ISRE], an Omaha, Neb.-based provider of GPS tracking solutions, won a contract from Alternative Corrections of Castle Rock, Colo. Alternative Corrections will use the tracNET24 for criminal-justice tracking solutions. […]

  • PBI Media Changes Name To Access Intelligence LLC

    PBI Media LLC, publisher of Satellite Today and a provider of global competitive business-to-business information and marketing solutions, announced a company name change to Access Intelligence LLC. According to Access […]

  • MTG CEO Sets Ambitious Target

    Modern Times Group (MTG) aims to become one of the biggest media companies in Europe. The company already is a significant player in the pay-TV and free-TV markets in the […]

  • GlobeCast Chosen By Broadcasters For Olympic Coverage

    Officials from GlobeCast, operator of a global network of satellite distribution platforms for broadcast and advanced-content delivery, today said a group of international broadcasters selected its Athens Broadcast Base for […]

  • Vicom Deploys DirecTV Service In Multi-Unit Properties

    Vicom Inc. [VICM] said its newly acquired subsidiary MDU Inc. completed the installation of equipment necessary to launch DirecTV direct-to- home satellite television services to 27 new properties, including 11 […]

  • Stratos Names New CFO

    According to executives at Stratos Global Corp. [SGB], Alfred Giammarino will assume the duties of executive vice president and CFO as of May 10. He will be responsible for all […]

  • Puerto Rico Dept. Of Educations Taps iDirect For Internet Connectivity

    iDirect Technologies will be providing the Puerto Rico Dept. of Education with high-speed Internet connectivity for 1,539 school locations throughout the country through its bi-directional, satellite-based, broadband-access technology. Financial terms […]

  • MDA Wins 3 Canadian Contracts

    MacDonald, Dettwiler and Associates [MDA] said its Information Systems group signed three contracts worth as much as $1.81 million for the building and maintenance of its Observation via Satellite ground […]

  • EchoStar Records Net Loss For 1Q04, Nets 360,000 New Subs

    EchoStar Communications [DISH] officials today reported the company cut its net loss, boosted the total number of Dish Network subscribers and increased its revenues during first-quarter 2004. As of March […]

  • XM Subs Grow, Net Loss Increases for 1Q04

    XM Satellite Radio Holdings Inc. [XMSR] today reported a net loss of $170.1 million for the first quarter of 2004, compared with a net loss of $126.3 million during the […]

  • Sirius Names New Executives

    Sirius Satellite Radio [SIRI] appointed James Meyer president of operations and sales, responsible for overseeing and directing all operations and sales, including Sirius’ automotive OEM business, retail markets, product management, […]

  • SES Global Reports 2003Net Profit

    SES Global S.A. said it earned $1.5 billion in revenues and notched a net profit of $248 million in 2003.