Focus: Telecom

[Satellite Today – 5-16-08] SkyTerra Communications Inc. has extended the expiration date for its offer to issue options for shares of SkyTerra common stock in replacement of options to purchase limited partnership units of Mobile Satellite Ventures L.P.     The offer, originally set to expire May 16, has been extended until May 29.     As...

[Satellite Today – 5-16-08] The Missouri Department of Transportation has deployed a number of iNetVu mobile antenna system developed by C-Com Satellite Systems Inc., the company announced May 13.     The systems were sold to the department by Orbital Data Net, a Columbia, Mo.-based satellite systems integrator and C-Com value-added reseller.     “The advanced emergency...

[Satellite Today – 5-15-08] Eutelsat Communications posted a revenue gain of 9 percent in the company’s 2008 third quarter, driven by growth in video applications and value-added services, Eutelsat announced May 15.     Eutelsat reported revenues of 223.9 million euros ($346.1 million) in the three months that ended March 31, compared to revenues of 205.7...

[Satellite Today – 5-15-08] Gilat Satellite Networks Ltd. posted a 4 percent increase in revenue for the first quarter of 2008, but net income fell 6 percent, the company announced May 15.     Revenues for the first quarter of 2008 were $70.5 million, up from $68 million in the same period of 2007. Net income...

[Satellite Today – 5-15-08] Hughes Communications Inc. is offering more than 2 million shares of its common stock in a public offering, the company announced May 13.     The offering will consist of an aggregate of 2.2 million shares, 2 million of which are being offered by Hughes and 239,600 shares offered by certain stockholders,...

[Satellite Today – 5-15-08] Dish Network Corp. won its lawsuit against NDS Group over conditional access card technology, Dish announced May 15.     The U.S. District Court for the Central District of California ruled for Dish Network in the suit, filed by EchoStar in 2003, that claimed NDS Group reverse-engineered conditional access cards developed for...

[Satellite Today – 5-15-08] ViaSat Inc. authorized Infrastruktura TK to become an authorized repair center for satellite communication system service, repairs and spares in Russia and the Commonwealth of Independent States (CIS), ViaSat announced May 15.     The addition of ITK gives service providers in the region an in-country source for service and support requests...

[Satellite Today – 5-15-08] Globalstar Inc. appointed Thomas Colby COO effective May 19, the company announced May 15.     Colby, who has more than 30 years of experience in the international consumer and other wireless and Internet-based technology field, previously served as vice president and general manager of Trimble Navigation Ltd.     “Tom has significant...

[Satellite Today – 5-15-08] Intelsat Ltd. reported an 11 percent increase in revenues in the 2008 first quarter, but restructuring and transaction costs pushed the satellite operator’s losses up more than 160 percent, Intelsat announced May 15.     Intelsat lost $412.7 million in the first three months of 2008, compared to a loss of $115.1...

[Satellite News – 5-14-08] Arianespace rescheduled the launch of the Skynet 5C and Turksat 3A satellites to May 30, the company announced May 14.     The mission, originally scheduled for May 23, was delayed in order to perform complementary checks on the launch vehicle.