Satellite News

Orbital Sciences Corporation announced financial results for the fourth quarter and full year 2006.

EchoStar Asia Holdings Corporation, a subsidiary of EchoStar Communications Corporation , announced it has invested US$40 million in TU Media Corp., South Korea’s only operator of satellite digital multimedia broadcasting (S-DMB) services.

Satellite communications provider CapRock Communications announced that it has entered into a definitive agreement to acquire Arrowhead Global Solutions Inc.

XM Satellite Radio Holdings Inc. agreed to sell its newest satellite, XM-4 “Blues,” to a trust and lease it back for nine years.

Eutelsat Communications reported results for the first half ending 31 December 2006.

SES Global said it has agreed to buy back the 19.5 percent stake held by General Electric Co for EUR1.238 billion (US$1.625 billion) in assets and cash.

SES Global said it has agreed to buy back the 19.5 percent stake held by General Electric Co for EUR1.238 billion (US$1.625 billion) in assets and cash.

Asia Satellite Telecommunications Holdings Limited and Modernday Limited jointly announced the proposed privatisation of AsiaSat. Additionally, SES Global is to give up its interest in the company.