Satellite News

At least nine companies are interested in acquiring newly restructured Mexican satellite service provider SatMex, according to Mexican news reports.

Here are some additions to Arianespace’s rather confusing press release concerning launch contracts that were awarded to the company in 2006.

Arianespace said its sales in 2006 were in line with the company’s forecasts, but huge profits still aren’t in sight.

SkyTerra Communications, Inc. announced that it had completed its previously announced acquisition of BCE, Inc.’s stake in Mobile Satellite Ventures LP (MSV).

Shareholders in French defence group Thales have approved a tie-up with Alcatel-Lucent that will more than double Alcatel-Lucent’s stake in Thales.

XM Satellite Radio announced that the company added more than 1.695 million new subscribers in 2006 and achieved positive cash flow in the fourth quarter.

Sirius Satellite Radio has reported that it ended 2006 with approximately 6,024,000 subscribers, an 82 percent increase over the company’s 2005 ending subscriber base of 3,316,560.

Frequency Electronics, Inc. has acquired an approximate 20 percent interest in Elcom Technologies, Inc., a privately-held company located in Rockleigh, New Jersey, USA.