spacetoday.net: space news from around the webin association with SpaceNews


Intelsat considers buying New Skies
Posted: Sat, Aug 20, 2005, 10:28 AM ET (1428 GMT)
Satellite operator Intelsat is considering acquiring smaller rival New Skies, the Wall Street Journal reported Friday. The Journal, citing industry sources, said Intelsat was considering spending up to $1.3 billion to acquire Netherlands-based New Skies, which operates five communications satellites. New Skies was spun off from Intelsat in 1998 as part of Intelsat's privatization effort; US law prevented the two from merging until this year. Such a deal, industry sources speculate, could trigger a new round of consolidation in the communications satellite industry, which is suffering from considerable on-orbit overcapacity in some markets.
Related Links:
<<previous article   next article>>
news in brief

"Monster" planet puzzles astronomers
Posted: Sun, Nov 5 10:14 AM ET (1514 GMT)

Chairman of House Science Committee to retire
Posted: Sun, Nov 5 10:13 AM ET (1513 GMT)

news links
Friday, November 24
Instant rockets: How ISRO is developing a niche in the global space market
The Economic Times (India) — 2:47 am ET (0747 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list