Focus: Telecom

WorldSpace Secures New Finance Facility
[Satellite Today — 1-3-08] WorldSpace Satellite Radio has secured up to $40 million of subordinated financing from Yenura Pte, WorldSpace announced Jan. 2.     The financing will be used for...
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Globalstar Makes Brazilian Gateway Deal
[Satellite Today — 1-3-08] Globalstar will acquire a Brazilian satellite gateway operator and service provider in a deal valued at $6.5 million, Globalstar announced Jan. 2.     The operator signed...
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Sea Launch Reschedules Thuraya-3 Mission
[Satellite Today — 1-3-08] Sea Launch will make its next attempt to launch the Thuraya-3 satellite Jan. 15, Sea Launch announced.     Sea Launch attempted to conduct the mission, the...
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Norsat Appoints CFO
[1-2-2008 – Satellite Today] Norsat Inernational Inc. appointed Eugene Syho CFO, the company announced Dec. 31.     Syho has 20 years of management experience at public and private companies. Prior...
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Rascom-QAF1 Suffers Helium Leak
[1-2-2008 – Satellite Today] The Rascom-QAF1 satellite is suffering a helium leak and operations have been halted, satellite manufacturer Thales Alenia Space announced Dec. 29.     The satellite, placed into...
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Hughes Wins Indian Banking Contract
[1-3-08 – Satellite Today] Hughes Communications has been awarded a 400 million rupee ($10 million) contract to deploy a banking network across India, according to Indian news reports.     Hughes...
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EchoStar Completes Split Of Company
[1-3-08 – Satellite Today] EchoStar Communications Corp. has split into two businesses, effective Jan. 1, the company announced.     Under the plan, unveiled in September, EchoStar will change its name...
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