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Archive for May 16th, 2007

Eutelsat Repositions To 9 degrees East With Eurobird-9

May 16th, 2007 by

Eutelsat Communications announced May 15 that its HotBird-2 satellite has been rebranded as Eurobird-9 and…

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Thales Grows Overall Revenues

May 16th, 2007 by

Thales reported a revenue increase of nearly 7 percent in the 2007 first quarter to 2.2…

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Norsat Reports Consecutive Quarterly Profit

May 16th, 2007 by

Norsat International Inc. reported first quarter earnings of $540,000 on revenues of $4.4 million, posting a profit for the second consecutive quarter, the company announced May 15. In the…

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FCC Grants TerreStar Spectrum Reservation

May 16th, 2007 by

The U.S. Federal Communications Commission (FCC) granted TerreStar Networks Inc. a reservation for 20 megahertz of…

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Sri Lanka Files Complaint With U.S. Government Over Intelsat

May 16th, 2007 by

The Sri Lanka Ministry of Defense reported that its embassy in Washington, D.C., has logged complains with the U.S. Departments of Justice and State as well as the Federal Bureau of Investigation (FBI) against Intelsat “for reneging its promise” to shut down a satellite transponder that was being used by Sri…

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Globalstar Revenues, Earnings, Subscribers Drop

May 16th, 2007 by

Globalstar Inc. reported revenues of $23.2 million in the 2007 first quarter, down from $30.3 million in the same period a year ago, the company announced May 14. Service revenue was $17.5 million in the first three months of 2007, down from $20.7 million in the 2006 first quarter, while subscriber equipment…

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MSV Signs Launch Deals With ILS, Sea Launch

May 16th, 2007 by

Mobile Satellite Ventures (MSV) awarded contracts to International Launch Services Inc. (ILS) and Sea Launch Co. to launch next-generation satellites, ILS and Sea Launch announced May 15. The…

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PanAmSat Acquisition Swells Intelsat Revenues

May 16th, 2007 by

Intelsat Ltd. reported revenue growth of 85 percent in the first quarter of 2007 but posted a loss of $115.1 million due to the acquisition of PanAmSat, Intelsat announced May 14. Total revenue in the first three months of 2007…

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