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
Union accepts contract to end ULA strike
Posted: Sun, May 20 1:41 PM ET (1741 GMT)

Contamination found in SLS core stage tubing
Posted: Sun, May 20 1:40 PM ET (1740 GMT)

Appropriators pass NASA spending bill that funds WFIRST
Posted: Sun, May 20 1:39 PM ET (1739 GMT)

news links
Tuesday, May 22
ULA machinists vote to end strike against Alabama rocket plant
Huntsville Times — 7:13 am ET (1113 GMT)
David PavlĂ­k From SpaceX to Join as CIO
PR Newswire — 7:12 am ET (1112 GMT)

about   ·   ·   mailing list