Finance

[Satellite News 01-04-11] Every sector of the U.S. satellite industry experienced dynamic changes with long-term impact in 2010. The year proved opportunities during an economic period that has curtailed many...

  2010 proved to be a solid year for the satellite sector during an economic pe riod that has curtailed many other business around the globe. Satellite companies remained active...

Developing a satellite broadband-on-the-move solution that meets connectivity speed requirements at an economical price point has been a top priority for many mobile operators. Inmarsat CEO Andy Sukawaty has had...

Harris Corp. has entered into a definitive agreement to acquire oil and gas industry service provider Schlumberger’s Global Connectivity Services (GCS) business for $347.5 million in cash after tax expenses,...

Comtech EF Data has acquired FX-series WAN optimization, application and platforms developer Stampede Technologies for an undisclosed amount, the companies announced Nov. 4.     Comtech said the acquisition would enable...

Hughes Network Systems is now accepting orders for its 9450-C11 BGAN land mobile satellite terminal for operation over Inmarsat‘s BGAN satellite service.      The Hughes 9450-C11 aims to provide high...

The continued recovery of its LXE mobile computing business drove increased profitability for EMS Technologies in the third quarter of 2010, according to the company’s latest results issued Nov. 5....

Orbcomm’s 2010 third quarter total revenues jumped 97.9 percent from the same period in 2009 due to a boost in deferred U.S. Coast Guard AIS service revenue, the company announced...

About 1050 people attended the 2010 Offshore Communications conference in Houston this year – a 26 percent increase from 2009. The growing attendance and enthusiasm signals a healthy market, operating...

Satellite providers are investing in Wi-Fi network upgrades to stay competitive in the offshore energy marketplace while branching out into several niche maritime markets.     MTN Satellite Communications (MTN) recently...