Latest News

[11-28-07 – Satellite Today] Eagle Broadband has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas.  
    Eagle listed its assets as $2.8 million and its liabilities as $8.8 million. Eagle has said in a separate filing with the U.S. Securities and Exchange Commission that it intends to continue to operate as a debtor-in-possession business.
    The company, a provider of broadband, IP and digital communications technology and services, reported revenues of $808,000 and posted a net loss of $7.3 million in the in the 2007 third quarter.
    CEO David Micek, who resigned in July, has said that the market for IPTV services was not developing as expected.

Get the latest Via Satellite news!

Subscribe Now