Finance

On Nov. 14 2008, it was announced that the Eurozone (European Union Member States) had gone into recession, and on Nov. 27, the European (EU) unveiled the EU Recovery Plan...

With Offshore Communications 2009 in the rear-view mirror, its time to look ahead to 2010 and try to figure out what role satellite will play in the maritime, shipping and...

Inmarsat achieved growth in all of its mobile satellite services markets in the 2009 third quarter, which generated an 8.7 percent revenue increase over 2008 at $176.7 million, the company...

Telesat’s launch of service on the Nimiq 4 and Telstar 11N satellites and the stronger standing of the U.S. dollar produced revenues of $187 million in the 2009 third quarter,...

Intelsat saw its 2009 third quarter revenues increase $19.4 million to $617.9 million, up from $598.5 million in 2008, the operator announced in its financial results, released Nov. 9.    ...

Asia Broadcast Satellite (ABS) will acquire Mabuhay Satellite Corp. (MSC), ABS announced Nov. 6.     ABS will gain MSC’s Agila-2 satellite, built by Space Systems/Loral  and launched in August 1997....

GlobeCast has equipped French multi-hull yacht Crêpes Whaou with a GlobeCast Content Exchange solution for the Transat Jacques Vabre, a transatlantic sailing competition, GlobeCast announced Nov. 6.     The solution...

SpeedCast, a subsidiary of AsiaSat, is a multi-faceted service provider in Asia specializing in delivering to land or sea communications solutions ranging from broadband Internet to managed bandwidth to triple-play...

Richard Deasington, director of vertical markets for iDirect, says the market for VSAT communications is expanding rapidly as vessels require a growing number of business applications. “Traditionally, deploying VSAT required...

As the convention comes to a close, Offshore Communications 2009 has left a profound impression on me that maritime, shipping and oil and gas end-users are just as, if not...