Featured Stories

IRIDIUM INVOKES GRACE
Troubled MSS operator Iridium has invoked a 30-day grace period for the payment of $90 million in interest due on July 15 on its $1.45 billion outstanding senior notes. The...
NEWS BYTES
Astrolink, the Lockheed Martin/ Telespazio/TRW-backed broadband satellite project, has closed a $900 million equity investment, initially announced in May. Astrolink secured the investment following regulatory approval for the project on...
STREAM'S RIVAL FOOTBALL OFFER
For the first time ever, Italian football fans face the prospect of having to subscribe to both digital platforms in order to follow the complete 1999-2000 season on pay-TV. On...
CANAL PLUS REVEALS FIGURES
Canal Plus has published its quarterly subscription figures, revealing a total subscription figure for the end of June of 12,301,320. According to Canal Plus, this represented an increase of 16...
FRANCE TELECOM INVESTS IN NTL
France Telecom’s $1 billion investment in UK cable operator NTL (with a promise of "more to come") may have implications beyond the realm of cable TV and telecoms. Besides its...
NEW SATELLITES FOR HISPASAT
SPAIN’S Hispasat, owned by Telefonica and Retevision, has confirmed it is planning to enhance its coverage over Latin America and over Europe and North Africa. Hispasat 1C, scheduled to be...
EUTELSAT, SES SHOWCASE APPS
Multimedia applications such as high-speed Internet access via satellite and other broadband data services are to form the focus of presentations by satellite operators Eutelsat and SES at the IFA...
NEWS CORP AND TELECOM ITALIA TO EXPAND COOPERATION
Dispelling mounting speculation that News Corp has given up on its Italian TV ambitions, Rupert Murdoch and Telecom Italia president Roberto Colaninno met for the first time ever on July...
GERMAN DISNEY GETS LICENCE
The German Disney Channel planned by Buena Vista Germany GmbH has finally received its cable and satellite licence from Bavarian media authority Bayerische Landeszentrale fur neue Medien (BLM). The approval,...
CGC SEEKS FOREIGN PARTNERS
Italian media conglomerate Cecchi Gori Group (CGC) is seeking foreign partners to relaunch its ailing terrestrial TV channels (TMC and TMC2), which lose money and fail to draw more than...