International Business News - Satellite http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Satellite TV shares fell on Monday along with the broader market after Dish Network Corp. lost a major marketing deal from AT&T Inc. News that the $700 billion bailout plan for the financial services sector failed in the House caused the stock market to drop sharply in afternoon trading, with the Dow recently down about 710 points, or 6.4 percent. http://www.ibtimes.com/articles/20080929/satellite-tv-stocks-fall-led-by-dish-network.htm Mon, 29 Sep 2008 15:36:31 EDT Russia successfully launched three satellites Thursday to enhance its space navigation system, officials said. The Russian Federal Space Agency said the three GLONASS-M satellites were put into orbit Thursday by a Proton-M rocket that blasted off from the Baikonur launch pad in Kazakhstan. http://www.ibtimes.com/articles/20080925/russia-launches-3-navigation-satellites.htm Thu, 25 Sep 2008 14:12:23 EDT A super-sharp Earth-imaging satellite that can detail an area the size of a baseball diamond's home plate from space has been launched into orbit from Vandenberg Air Force Base on the Central California coast. http://www.ibtimes.com/data/articleimgs/124896-satellite-launch.jpg http://www.ibtimes.com/articles/20080906/high-resolution-satellite-launched-in-calif.htm http://www.ibtimes.com/articles/20080906/high-resolution-satellite-launched-in-calif.htm Sat, 06 Sep 2008 23:41:40 EDT The craggy gullies where Idaho cowboy Paul Nettleton runs 1,200 head of cattle are often precious minutes from reliable cell phone coverage. That could spell disaster in this region where sudden summertime storms howl in from eastern Oregon, bringing dry lightning that can ignite fast-moving wildfires on sage- and juniper-covered hillsides. Unchecked, the flames could quickly turn this old mining town's historic wooden buildings to ashes. http://www.ibtimes.com/data/articleimgs/119036-satellite-phone-cowboys.jpg http://www.ibtimes.com/articles/20080830/satellite-phones-make-cowboys-wildfire-sentinels.htm http://www.ibtimes.com/articles/20080830/satellite-phones-make-cowboys-wildfire-sentinels.htm Sat, 30 Aug 2008 13:59:51 EDT Gilat Satellite Networks Ltd. said Friday it is exiting a deal with a group of private investors who had intended to buy the company, saying those buyers intentionally breached the terms of their agreement. http://www.ibtimes.com/articles/20080829/gilat-exits-buyout-agreement-with-investors.htm Fri, 29 Aug 2008 17:21:40 EDT _ Israeli-based Gilat Satellite Networks Ltd., which services satellite-based communications networks, said Monday its second-quarter profit fell on weak results from its Colombian operations. http://www.ibtimes.com/articles/20080825/gilat-2q-profit-falls-on-weak-colombian-market.htm Mon, 25 Aug 2008 07:06:09 EDT Israeli-based Gilat Satellite Networks Ltd., which services satellite-based communications networks, said Monday a group of private investors that agreed, in March, to buy the company said they would not close the deal at the agreed upon price of $475 million. http://www.ibtimes.com/articles/20080825/gilats-475-million-sale-could-fall-apart.htm Mon, 25 Aug 2008 07:03:03 EDT Venezuela will soon launch its first satellite from China, cementing ties with its Asian ally and boosting Venezuelan independence, President Hugo Chavez said. http://www.ibtimes.com/articles/20080818/chavez-venezuela-to-launch-chinese-made-satellite.htm Mon, 18 Aug 2008 11:14:31 EDT The first communications satellite made completely in Japan for commercial use was successfully launched into orbit Friday, Mitsubishi Electric Corp. said. http://www.ibtimes.com/articles/20080815/mitsubishi-successfully-launches-satellite.htm Fri, 15 Aug 2008 06:05:11 EDT Gilat Satellite Networks Ltd. said Thursday that it informed a group of private-equity investors that have agreed to buy the company that it has fulfilled conditions necessary for the deal to close. http://www.ibtimes.com/articles/20080814/gilat-says-conditions-satisfied-for-475m-buyout.htm Thu, 14 Aug 2008 12:17:12 EDT Sirius Satellite Radio Inc. said Monday it plans to sell about $375 million of its common stock and up to $65 million more from time to time concurrently with a private offering by XM Satellite Radio Inc. http://www.ibtimes.com/articles/20080728/sirius-and-xm-satellite-plan-offerings.htm Mon, 28 Jul 2008 09:13:41 EDT Sirius Satellite Radio Inc. said Monday it expects a 70 percent narrower loss for its second quarter, compared with the same period a year ago, on a surge in revenue. http://www.ibtimes.com/articles/20080728/sirius-expects-narrower-2q-loss.htm Mon, 28 Jul 2008 08:07:57 EDT Among the earnings stories for Tuesday, July 22, from AP Financial News: WASHINGTON (AP)--XM Satellite Radio Holdings Inc., which is seeking regulatory approval for an acquisition by rival Sirius Satellite Radio Inc., on Tuesday posted a smaller second-quarter loss as total new subscribers to the satellite radio company's services rose 17 percent. http://www.ibtimes.com/articles/20080722/earnings-roundup-xm-satellite-wabtec.htm Tue, 22 Jul 2008 10:52:18 EDT XM Satellite Radio Holdings Inc. said Monday that it added 322,000 new net subscribers in the second quarter of 2008 for a total of almost 9.7 million subscribers, about 17 percent more than at the end of the second quarter of 2007, according to preliminary results. http://www.ibtimes.com/articles/20080721/xm-satellite-2q-subscriptions-increase-17-percent.htm Mon, 21 Jul 2008 09:29:10 EDT XM Satellite Radio Holdings Inc. said Monday that it is offering $400 million of new senior notes to help refinance debt related to its pending merger with Sirius Satellite Radio Inc. http://www.ibtimes.com/articles/20080721/xm-satellite-radio-to-offer-40m-of-senior-notes.htm Mon, 21 Jul 2008 08:07:01 EDT XM Satellite Radio Holdings Inc. on Friday said it has reached an agreement to restructure about $600 million of debt, putting itself a step closer to completing its purchase by rival Sirius Satellite Radio Inc. http://www.ibtimes.com/articles/20080718/xm-restructures-debt-approaching-a-sale-to-sirius.htm Fri, 18 Jul 2008 15:45:12 EDT XM Satellite Radio Holdings Inc. on Friday said it has reached an agreement to restructure about $600 million of debt, putting itself a step closer to completing its purchase by rival Sirius Satellite Radio Inc. http://www.ibtimes.com/articles/20080718/xm-restructures-debt-approaching-a-sale-to-sirius.htm Fri, 18 Jul 2008 14:15:01 EDT Cyprus has issued its second satellite license to Swedish operator OverHorizon, the government said Thursday. Communications Minister Nikos Nikolaides said that OverHorizon will use the island's second of three orbital slots for 20 years, and that the state will earn annual administration fees and a "small percentage" of the company's revenues. http://www.ibtimes.com/articles/20080717/cyprus-licenses-2nd-overhorizon-satellite.htm Thu, 17 Jul 2008 12:52:05 EDT A key U.S. legislator is awaiting a response from regulators on his recommendation to impose more conditions on the acquisition of XM Satellite Radio Holdings Inc. by rival Sirius Satellite Radio Inc. http://www.ibtimes.com/articles/20080716/us-lawmaker-seeks-concessions-in-sirius-xm-deal.htm Wed, 16 Jul 2008 17:10:29 EDT XM Satellite Radio Holdings Inc. said Friday it has agreed to an interest rate increase for its senior notes due 2009 upon the company's acquisition by rival Sirius Satellite Radio Inc. http://www.ibtimes.com/articles/20080711/xm-satellite-radio-amends-senior-notes-agreement.htm Fri, 11 Jul 2008 11:19:04 EDT