Focus: Telecom

[Satellite Today – 5-12-08] Gilat Satellite Networks Ltd. will provide Mongolian telecommunications company Incomnet with a SkyEdge broadband satellite communications network, Gilat announced May 12.     Incomnet will use the new VSAT network to provide toll-quality telephony to rural citizens. The network will also provide interactive data networking to selected Mongolian government agencies and businesses,...

[Satellite Today – 5-12-08] SpaceDev Inc. reported a 14 percent increase in revenue for the first quarter of 2008, but a sharp decrease in income from operations, the company announced May 9.     SpaceDev reported revenue of $10.3 million for the three months ended March 31, an increase from the $9.1 million in revenue reported...

[Satellite Today – 5-12-08] – ICO Global Communications (Holdings) Ltd. has filed its final milestone certification with the U.S. Federal Communications Commission (FCC) confirming that its satellite system is operational, ICO announced May 12.     ICO has successfully completed two-way voice and data sessions using the ICO G1 satellite, ICO’s North Las Vegas gateway, and...

[Satellite Today – 5-12-08] Comtech Telecommunications Corp. will acquire Radyne Corp. in an all-cash transaction worth about $223.6 million in equity, Comtech announced May 12.     Radyne’s satellite earth station business is located only a few miles away from Comtech EF Data Corp.‘s high-volume technology manufacturing facilities in Tempe, Ariz. All aspects of Radyne’s satellite...

[Satellite Today – 5-12-08] HughesNet broadband satellite Internet has passed the 400,000 subscriber mark, Hughes Network Systems LLC announced May 8.     “The continued growth in our subscriber base is evidence of the need for broadband access everywhere in the [United States],” Mike Cook, senior vice president of Hughes, said in a statement. “High-speed Internet...

[Satellite Today – 5-9-08] Ed Horowitz has resigned as president and CEO of SES Americom, parent company SES announced May 9. Horowitz will join Global Entertainment and Media Holdings Corp.      In the interim, Romain Bausch, SES CEO and chairman of the SES Americom board will oversee SES Americom in conjunction with the company’s Americom’s...

[Satellite Today – 5-9-08] Alliant Techsystems Inc.’s (ATK) bid to purchase MacDonald Dettwiler and Associates Ltd. (MDA)’s information systems and geospatial services businesses has been rejected by the Canadian government, ATK announced May 9.     Canadian Investment Review officials informed ATK that the Canadian objection relates to potential extraterritorial application of U.S. export law. Canadian...

[Satellite Today – 5-9-08] More than 550 million GPS-enabled handsets will ship by 2012, according to a research report from ABI Research released May 9.     In the wake of personal navigation devices’ success, cellular carriers have started to offer on-board and off-board navigation solutions as well as a range of location-based services such as...

[Satellite Today – 5-9-08] Indian direct-to-home (DTH) operator Tata Sky has more than 2 million subscribers, reaching this milestone in 20 months, the company announced May 7,     Tata Sky is a joint venture between the Tata Group and Star and offers subscribers more than 150 channels and interactive services.

[Satellite Today – 5-8-08] Inmarsat Holdings Ltd. reported a 5 percent increase in revenue and a 9 percent increase in profit after tax for the first quarter of 2008, the company announced May 8.     Inmarsat posted revenue of $147.9 million for the quarter ending March 31, compared to $140.8 million in 2007. Profit after...