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EVENTS

VIEWPOINT

Asian tiger awakes
The expected wave of consolidation in the fragmented Asian fixed satellite services sector has seemingly been on the agenda since I first became editor of this magazine but has never really materialised. Governments have continued to keep a firm grip on their national champions while some of the more aggressive start ups have fallen by the wayside.

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PEOPLE

Integral Systems lands new CFO
Satellite ground systems provider Integral Systems has appointed Christopher Roberts as its new CFO.

SPECIAL REPORT

Changing strategic issues in the satellite communication sector
While the solid growth in the satellite sector could lead one to believe the market is consistent and steady, there are actually profound changes afoot driven by technological, commercial, financial and regulatory factors.

Satellite Finance

Onde Numérique seeks funds to launch pay radio service

Services EMEA - Onde Numérique Services
time icon Published 02 Sep 2010 - 12:49
Satellite Finance

Onde Numérique, a French pay radio service start-up, has confirmed it is currently looking to raise financing in order to launch its services throughout France by next year.

EchoStar appoints new COO

Networks Global - EchoStar Appointment
time icon Published 02 Sep 2010 - 12:48
Satellite Finance

EchoStar Satellite Services, a division of EchoStar Corporation, has announced the appointment of Ken Carroll as its new chief operating officer.

Thuraya launches commercial onboard aviation communication system

Operators Global - Thuraya Telecommunications Aeronautical communications system
time icon Published 02 Sep 2010 - 12:48
Satellite Finance

UAE-based satellite phone company Thuraya Telecommunications announced this month that it had launched a new aeronautical communications system under the brand name AviationComms.

DigitalGlobe welcomes two new vice presidents

Networks Global - DigitalGlobe Appointment
time icon Published 02 Sep 2010 - 12:48
Satellite Finance

DigitalGlobe, the satellite imagery provider, has appointed Jeffrey Goebe and Jack Hild as vice president of geospatial value added products and vice president of US defence strategy, respectively.

ABS looks for private equity buyers

Asia Pacific Operators - ABS Sale
time icon Published 02 Sep 2010 - 12:45
Satellite Finance

SatelliteFinance has learnt that Asia Broadcast Satellite (ABS) is up for sale and that a number of private equity firms, which have experience in the satellite services sector, have carried out due diligence on the Asian satellite operator.

SatMAX targets investments as it moves into aviation

Services Global - SatMAX Investments
time icon Published 02 Sep 2010 - 12:44
Satellite Finance

Wireless satellite coverage provider SatMAX is planning to make strategic investments as it seeks to branch out from its core hand-held satellite voice and data market.

Gilat finally settles failed LBO dispute

Services Global - Gilat Satellite Networks Acquisition
time icon Published 02 Sep 2010 - 12:44
Satellite Finance

Gilat Satellite Networks has finally settled its spat with the

Norsat in share buy-back

Services Global - Norsat International Buy-back process
time icon Published 02 Sep 2010 - 12:43
Satellite Finance

Satcoms service provider, Norsat International, has instigated a share buy-back process, according to a regulatory filing on the TSX. The Vancouver-based communication company obtained regulatory approval to purchase up to 10% of its public issue on the Toronto Stock Exchange.

Hughes forms Chinese JV to tap state's rural broadband push

Asia Pacific Services - Hughes Network Systems Subsidiary
time icon Published 02 Sep 2010 - 12:42
Satellite Finance

Hughes Network Systems has continued its push into Asia with the formation of a Chinese subsidiary. HughesNet China Co.

Indosat issues US$650m bond offering

Asia Pacific Operators - Indosat Bond offering
time icon Published 02 Sep 2010 - 12:42
Satellite Finance

Indosat, the Indonesian telecom and satellite operator, has completed a US$650m 10-year senior unsecured bond offering.

Loral eyes SS/L sale

Space Segment Global - Loral Space Subsidiary
time icon Published 02 Sep 2010 - 12:41
Satellite Finance

SatelliteFinance understands that Loral Space & Communications is running a parallel process for its satellite manufacturer Space Systems Loral and is considering a full sale of it subsidiary.

Telkom and Indosat team up for satellite service

Asia Pacific Operators - Telkom and Indosat Satellite service
time icon Published 02 Sep 2010 - 12:41
Satellite Finance

Indonesian telcos PT Telekomunikasi Indonesia (Telkom) and PT Indosat are to jointly order a new satellite that is to be located at 150.5E, according to local media.

Changing strategic issues in the satellite communication sector

Asia Pacific Special Report - Euroconsult Changing strategy
time icon Published 02 Sep 2010 - 12:41
Satellite Finance

While the solid growth in the satellite sector could lead one to believe the market is consistent and steady, there are actually profound changes afoot driven by technological, commercial, financial and regulatory factors.

NBN Co put on hold until new government formed

Asia Pacific Operators - NBN Co Government
time icon Published 02 Sep 2010 - 12:38
Satellite Finance

The National Broadband Network Company (NBN Co), the Australian government-owned entity building a national fibre optic broadband network, has frozen its tender and hiring processes until a new government is formed.

Senator proposes tax breaks to boost commercial space

Space Segment Global - Government Investors
time icon Published 02 Sep 2010 - 12:30
Satellite Finance

In a move aimed at encouraging commercial space ventures, US Senator Bill Nelson announced on August 18 legislation that would provide tax breaks to investors in private spacerelated businesses.

Finmeccanica in ?2.4bn refi

Space Segment Global - Finmeccanica Refinancing
time icon Published 02 Sep 2010 - 12:30
Satellite Finance

Italian aerospace company Finmeccanica is close to completing a ?2.4bn self-arranged refinancing. The debt comprises a 5-year revolving credit facility that pays around 75bp over Euribor with a step up depending on how much is drawn.

Spotlight on an aging fleet

Insurance Global - Insurance Feature Aging fleet
time icon Published 02 Sep 2010 - 12:29
Satellite Finance

The Aging of the GEO Satellite Fleet In-orbit

TerreStar brings in Blackstone to find solution to funding crisis

Operators Americas - TerreStar Funding crisis
time icon Published 02 Sep 2010 - 12:24
Satellite Finance

Mobile satellite operator TerreStar has hired Blackstone to advise it on finding fresh financing as it struggles with a series of looming contractual, preferred stock and debt obligations.

LightSquared triggers L-band rebanding agreement with Inmarsat

Operators Americas - LightSquared L-band agreement
time icon Published 02 Sep 2010 - 12:24
Satellite Finance

Satellite/terrestrial wireless broadband venture LightSquared will pay Inmarsat US$337.5m over the next 18 months after triggering a cooperative agreement on August 18 to increase the contiguous L-band spectrum of both parties.

Satellite operators awarded US$100m in Recovery Act broadband investment

Operators Americas - Satellite broadband operators Awarded
time icon Published 02 Sep 2010 - 12:23
Satellite Finance

Satellite broadband operators have finally benefitted from the American Recovery and Reinvestment Act's Broadband Program, netting an aggregate US$100m in grants.

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