Satellite News

Just another satellite weblog

Archive for August 14th, 2006

Orbit CEO Talks HD

August 14th, 2006 by

Orbit Satellite Television and Radio Network, the Middle Eastern direct-to-home operator, could soon be looking to launch high-definition (HD) TV services in the region. “HDTV requires a lot of bandwidth, and we are…

Category: NEWS | No Comments »

Sea Launch Prepares to Launch Koreasat 5

August 14th, 2006 by

Sea Launch’s Odyssey platform and Commander have departed the company’s home port to prepare for the launch of the Koreasat 5 communications…

Category: NEWS | No Comments »

Andrew Rejects Commscope Takeover; Cancels ADC Merger

August 14th, 2006 by

Andrew Corp. and ADC Telecommunications Inc. agreed to terminate their May merger agreement, and Andrew’s board also rejected an unsolicited takeover proposal from Commscope Inc., Andrew announced Aug. 9. Andrew will pay ADC $10 million to end the merger agreement and would pay another $65 million in the…

Category: NEWS | No Comments »

Shin Post Third Consecutive Quarterly Loss

August 14th, 2006 by

Shin Satellite PCL lost 34 million Thai baht ($907,000) in the 2006 second quarter, as revenues slipped nearly 10 percent from the first three months of the year due to declining revenues from the IPStar broadband satellite business, Shin announced Aug. 10. Revenues in the 2006 second quarter were $1.5…

Category: NEWS | No Comments »

Worldspace Stock Hits 52-Week Low Due To Disappointing Subscriber Growth

August 14th, 2006 by

Worldspace Satellite Radio posted higher revenues in its 2006 second quarter, but the company’s subscriber additions plummeted in comparison to the first three months of the year, the company announced Aug. 9. Worldspace added a little more than 6,500 subscribers in the 2006 second quarter, which closed June…

Category: NEWS | No Comments »