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Media Insight

August 17th, 1998 by

Electronic Engineering Times/Civil Engineering Magazine EE Times, 600 Community Drive, Manhasset, NY 11030 This weekly newspaper, publishing on Mondays, helps engineers and technical managers solve design problems for systems like desktop computers. The pitch opportunities… Continued

ORBCOMM MOVES TO WITHIN ONE LAUNCH OF COMPLETING GLOBAL NETWORK

August 10th, 1998 by

A Pegasus rocket successfully deployed eight low-Earth-orbit satellites for Orbcomm Global L.P. in a mission out of NASA’s Wallops Island Flight Facility, Va., Aug. 2. The Orbital Sciences Corp. [ORB] rocket was released from Orbital’s… Continued

WEEKLY UPDATE

August 10th, 1998 by

Proposed low-Earth-orbit (LEO) operators Globalstar and Iridium fell over 5% and 8%, respectively, versus a week ago. Globalstar and Iridium have slid 18% and 31%, respectively, during the past month due largely to Iridium’s satellite… Continued

ECHOSTAR BOOSTS 2ND QUARTER REVENUE BY 149 PERCENT, CUTS NET LOSSES

August 10th, 1998 by

EchoStar Communications Corp. [DISH] rode strong subscriber growth to reach $246 million in revenue for the second quarter ended June 30, a 149 percent increase compared with the same quarter a year ago. Earnings before… Continued

PRIMESTAR TRIMS 275 JOBS IN MOVE TO REVAMP OPERATIONS AND CUT COSTS

August 10th, 1998 by

Primestar’s new CEO, Carl Vogel, moved quickly to restructure the company he began leading June 10 with his recent decision to cut 275 out of 2,200 corporate jobs. Three senior vice presidents are among the… Continued

DIRECTV, THOMSON MULTIMEDIA ALLY ON ADVANCED DBS SERVICES, EQUIPMENT

August 10th, 1998 by

DirecTv Inc. [GMH] and Thomson Multimedia will cooperate on the development and distribution of advanced direct broadcast satellite (DBS) receivers and digital television services. The joint effort is designed to upgrade DBS receiver technology for… Continued

ICO INITIAL PUBLIC STOCK OFFERING FALLS WELL SHORT OF PRICE TARGET

August 10th, 1998 by

ICO Global Communications (Holdings) Ltd. [ICOGF] added a further $690 million to its coffers through the sale of senior notes and an initial public stock offering (IPO), but the stock’s $12 price per share fell… Continued

COMSAT SUES FORMER SALES EXECUTIVES WHO BOLTED TO RIVAL STRATOS MOBILE

August 10th, 1998 by

Comsat Corp. [CQ] filed a lawsuit in the Circuit Court for Montgomery County, Md., against three former executives who recently left to join a competitor, Stratos Mobile Networks. The lawsuit alleges the former employees misappropriated… Continued

SATELLITE SPOTLIGHT: DBS TELEVISION GOES MOBILE

August 10th, 1998 by

The direct broadcasting satellite (DBS) industry has a chance to further persuade consumers to make the switch from cable television, thanks to a range of new products that enable viewers to receive satellite TV while… Continued

HOUSE JUDICIARY COMMITTEE’S AMENDMENTS IMPERIL COPYRIGHT FEE RELIEF

August 10th, 1998 by

Legislation aimed at blocking the proposed hike in satellite copyright fees was amended with five new provisions during a markup last Tuesday (8/4) before the House Judiciary Committee. Congressional sources predict the amendments will hurt… Continued