Featured Stories

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...
NEWS BYTES...
Interactive television will generate revenues of $20 billion by 2004, according to Forrester Research. Forrester estimates that interactive applications will generate $11 billion in advertising, $7 billion in commerce and...
N24 GETS ASTRA TRANSPONDER
In what is seen as a smart tactical move by industry observers, German media company Pro-Sieben Group has managed to gain valuable analogue capacity on the Astra satellite system (19.2...
FLEXTECH BOUNCES BACK
Flextech shares leapt last week following a sharp drop of 17 per cent over a two week period. Analysts at Merrill Lynch put out a note on the company with...
TRANSPONDER MONITOR
Key: A. Analogue D. Digital 122 degrees E: Asiasat-1 Asiasat-1 has left its previous slot of 105.5 degrees East after being replaced by Asiasat-3S and is en route to 122...
PROTON EXAMINES LAUNCH FAILURE
Russia’s Krunichev Space Centre has established that a welding defect in the number three engine of the rocket’s second stage was the cause of the failure of the Raguda launch...