SkyREPORT.COM News Headlines
News Update For 09/14/99
- - - DISH Network Has Record August - - -
EchoStar added approximately 130,000 net new DISH
Network customers in August, a record for the
month and a 78 percent increase over the number
of net new customers added in August 1998.
The additions bring DISH Network's total
customer base to 2.84 million.
The record August marks the eleventh consecutive
month DISH Network has achieved customer growth
of more than 100,000 net additions. For the
first eight months of 1999, DISH Network has
added 900,000 net subscribers, an increase
of 84 percent over the first eight months of 1998.
- - - Motorola Eyes GI - - -
Communications giant Motorola is in talks to
buy General Instrument in a stock deal valued
at about $10 billion, the Wall Street Journal
reported Monday.
Any merger would allow both companies to take
advantage of their existing technologies in
the booming broadband business. Edward Breen,
General Instrument CEO, is expected to remain
as head of the company once it becomes a
Motorola unit, the Journal said.
Citing "people familiar with the matter," the
Journal also said each share in General Instrument
would be exchanged for a little more than half
a Motorola share under the proposed transaction.
- - - TV Guide-Source Media Settle Differences - - -
TV Guide and Source Media entered into a settlement
agreement that resolved all disputes between the
two companies, including a lawsuit filed by Source
Media in Texas.
TV Guide and Source Media said they did not pay
any money in connection with the lawsuit or the
settlement.
TV Guide markets and distributes magazines and
other products in the United States to more than
100 million cable and satellite homes every week.
It also has an interactive program guide and the
Superstar C-Band programming business.
- - - Hurricane Dampens DISH Satellite Launch - - -
Cape Canaveral Air Station and most of east Florida
spent Monday preparing for Hurricane Floyd, putting
the brakes on any launch for EchoStar 5.
As Hurricane Floyd steadily approached the Florida
coast, Cape Canaveral Air Station entered Hurricane
Condition 2. Workers have begun preparations for
securing facilities in the event the storm should
impact the Space Coast.
The EchoStar 5 launch has been delayed twice.
Officials pushed back the initial launch date last
week due to inclement weather. It was delayed again
Sunday because of a faulty piece of equipment on
the rocket. The pending hurricane deterred officials
from scheduling a new launch time.
In addition to the stalled $250 million EchoStar
mission, a $70 million Atlas rocket being readied
to launch a Navy satellite this fall, a $55
million Boeing-built Delta 2 rocket being stacked
for launch Sept. 23 with a Global Positioning
System satellite, and a $350 million Titan 4B
rocket that will carry a Defense Support Program
missile-warning satellite into space on Nov. 22,
are all trapped on launch pads until officials
say it's safe to move them.
- - - CORRECTION: On EchoStar Launch - - -
The fourth paragraph of Monday's story on the scrubbed
launch for EchoStar 5 mistakenly referred to glitches
with the satellite rather than the Atlas 2AS rocket.
SkyREPORT.COM regrets the error.
- - - XM Radio Sets IPO Terms - - -
XM Satellite Radio has set its initial public
offering at 10 million class A common shares.
The stock has a projected price of $14 to $16
per share. XM has applied to trade its shares
on Nasdaq under the symbol "XMSR."
The Washington, D.C.-based company plans to
offer digital music, sports, news and other
audio entertainment via satellite. XM reports
it will use the estimated $138.7 million in
net proceeds from the IPO for working capital
and general corporate purposes.
XM holds one of two licenses issued by the
Federal Communications Commission to provide
satellite digital audio radio services in
the United States. The company plans to
initiate service in the second quarter of 2001.
- - - TECHNOLOGY: - - -
- Sarnoff, DirecTV Plan Integrated Boxes -
Sarnoff
Corporation said Monday that by the end of the year
consumers will be able to buy a set-top box that
allows them to receive digital television from both
terrestrial TV stations and DirecTV satellite
broadcasts on their analog TVs. The company said
it is creating a reference design for integrated
broadcast/satellite set-top converter boxes under
an agreement with DirecTV.
- SCM Demonstrates PC Satellite Receiver -
SCM
Microsystems, an OEM supplier of digital access
control and connectivity solution, demonstrated a
universal PC satellite receiver Monday called the
NetCast Streamer. The technology attaches to a PC's
Universal Serial Bus port and allows users to receive
data from satellite transmissions. NetCast Streamer
enables high speed Internet access, file delivery,
high-quality audio, full-motion video and digital
TV reception.
- SkyStream Releases New Software -
SkyStream has
developed a new software suite for its networking
platform. The technology enables broadcasters to
deploy Internet and IP-based data over their video
networks. This bandwidth-management software will be
offered as part of the SkyStream DBN media router platform.
- GI Headend System Passes 700,000 Canadian Subs -
Shaw
Communications has deployed General Instrument's
multiple headend control architecture as part of
its expanded digital launch into western Canada.
GI reports that its system reduced Shaw's upfront
capital investment and operating costs, as well as
offering a scalable solution that will grow with
Shaw's business.
- Helius Promotes New Satellite Interface -
Helius
has announced the release of a new Customer Premise
Satellite Interface (CPSI) for transferring data
via satellite. The company reports that this
protect is "more intuitive and lass intimidating ... as
well as easier to maintain" than its earlier CPSI
technology.
- Larson Introduces ISP Network -
Larscom has introduced
an asymmetrical option for its Access-T45 DS3 Network
Service Unit allowing service providers and
enterprise users to separately scale bandwidth
for each direction in increments of 3 Mbps.
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