Satellite News

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Archive for August, 2006

Charge Leads To Hughes Second Quarter Loss

August 15th, 2006 by

Hughes Communications Inc. lost $4.4 million in its 2006 second quarter after taking a charge for the write-off of equipment related to its June decision to shift its primary business focus to the…

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Intelsat Revenues Improve; Company Cuts Loss In Second Quarter

August 15th, 2006 by

Intelsat Ltd. reported revenues of $310.5 million in the 2006 second quarter, an increase of 7 percent from revenues of $289.8 million in the same period a year ago, the company announced Aug. 14. The revenue gains help Intelsat cut its net loss from $53.4 million in the 2005 second quarter to $42.7 in the…

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DirecTV, Echostar Fall Back In U.S. Government Spectrum Auction; Post Profits In Second Quarter

August 14th, 2006 by

A joint venture between DirecTV Group and Echostar Communications Inc. held the early lead in an auction of public wireless spectrum being conducted by the U.S. Federal Communications Commission (FCC) but fell back after eight rounds of bidding had been completed. Wireless DBS LLC was the top bidder in the…

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Orbiting Wall Street

August 14th, 2006 by

WRSP 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…

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NASA, Air Force Forge Pact On Joint Research Work

August 14th, 2006 by

NASA and the U.S. Air Force recently executed an agreement to work jointly in aeronautics search areas, NASA said. NASA Administrator Michael Griffin and Secretary of the Air Force Michael Wynne signed the memorandum of understanding–which covers areas such as…

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Hughes Wins Multiple Contracts From Thuraya

August 14th, 2006 by

Hughes Network Systems LLC announced Aug. 10 it signed multiple contracts with Thuraya Satellite Telecommunications. The contracts, worth nearly $60 million, call for the development and supply of a…

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Orbit CEO Hints at PVR Launch Before End of 2006

August 14th, 2006 by

The Middle East potentially is one of the must lucrative markets in the world for satellite TV. With television being one of the main forms of entertainment, the opportunities for pay-TV operators to carve out lucrative businesses is strong. In particular, the role of satellite in this landscape is vital. In…

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Satellite Data Show 2004 Sumatra Earthquake Changed Gravity in the Region

August 14th, 2006 by

NASA’s two Gravity Recovery and Climate Experiment (GRACE) satellites offer a possible new approach to understanding how earthquakes work. Research recently conducted paints a clearer picture of how the Earth changed following the December 2004 Sumatra-Andaman earthquake, the 9.1-magnitude event in the…

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