Author: Staff Writer

<p>The default author.</p>
MURDOCH: NO INCREASE IN STREAM
News Corp chairman Rupert Murdoch said on July 29 he was not interested in increasing News Corp’s stake in Italian pay-TV operator Stream from its current 35 per cent and...
MATRA PROBLEM 'APPROACHING END'
Matra Marconi Space (MMS) still has not cleared its solar arrays for shipment, nor has it formally admitted they are defective (see Interspace 671-2). The French arm of the company...
FININVEST ACQUIRES KIRCH MEDIA SHARES
On July 30 Fininvest, together with US investment fund Lehman Brothers Merchant Bank Partners and Saudi financier Prince Al Waleed, finalised a deal which will give each of them a...
WIND CLOSING ON TELEPIU
The arrival of new shareholders for the Italian digital platform Telepiu is close to being finalised with mobile phone operator Wind being the front runner. Although Telepiu has denied that...
FININVEST SELLS TELEPIU STAKE
The media and financial services holding company Fininvest, headed by Silvio Berlusconi, announced on July 28 that it has sold its 10 per cent stake in leading Italian digital platform...
FANTASTIC SEEKS FUNDING
The Swiss-based broadband multimedia software specialist The Fantastic Corporation has confirmed that it intends to launch an initial public offering on Frankfurt’s Neuer Markt, expected to be completed in the...
UPLINKING: SETTING ITS SIGHTS ON THE STARS
by Katie McConnell Michael Young, Hongkong Telecom’s marketing manager, says, "The digitization of television channels has created enormous growth in the total number of satellite channels available. Multiple channel per...
DOLLARS AND SENSE: IRIDIUM'S WOES
by Marc Crossman Iridium’s inability to add meaningful subscribers to its network has left the company floundering in its ability to meet debt obligations. Despite the fact that three credit...