Satellite write-downs widen DirecTV&#39;s loss
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DirecTV Group, the largest satellite television programmer, said its loss widened considerably in the third quarter because of a one-time charge to pay for new satellites.
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DirecTV Group Inc  on Wednesday  posted strong subscriber gains in the fourth quarter as  customers upgraded to advanced high-definition satellite TV  services.
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MUMBAI: Satellite television provider, Direc TV in a regulatory filing on Friday said that it may take up to $1.6 billion in pre - tax charges to write down the value of satellites it would use for broadcasting instead of high-speed data services.
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Shares of Sirius Satellite Radio Inc. tumbled after two analysts issued downgrades, calling the stock overvalued. Sirius&#39;s stock had nearly tripled in value since October, boosted by the company&#39;s inking a
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Thousands of Americans have defected to satellite TV as the providers have reported hefty gains while the cable industry has declined. Consumers likely will see aggressive marketing promotions in the next six months as companies jockey for customers, analysts say.
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MCI Inc.&#39;s (MCIP.O: Quote, Profile, Research) quarterly loss ballooned to $3.4 billion as the No. 2 US long-distance company wrote down the value of its assets due to
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XM Satellite Radio Holdings Inc  posted a wider quarterly loss on Thursday as higher marketing costs overshadowed a strong increase in subscriptions to its pay-radio service by car owners.
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MCI Inc. yesterday reported a loss of $3.4 billion during its third quarter, reflecting its recent decision to write down the value of its telecommunications network.
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TiVo Inc., maker of digital television recorders, on Monday posted a wider quarterly net loss, as it boosted spending to achieve a sharp increase in new subscribers to its fee-based TV service.
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Plus:  TiVo swings to a loss...HP profit gains on cost cuts, cheaper components...Dell execs skewed numbers to meet earnings targets.
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NEW YORK -- Sirius Satellite Radio Inc. reported a narrower third-quarter loss Tuesday and recorded a 50 percent increase in new subscribers ahead of its planned combination with larger rival XM Satellite Radio Holdings Inc.
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MCI (MCI), one of the nation&#39;s biggest long-distance operators, lost $3.4 billion in the third quarter because of a previously announced asset writedown of $3.
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In the latest twist in the ever-shifting digital video recording industry, the nation's leading satellite broadcaster DirecTV has purchased most of the assets of ReplayTV, an early pioneer of DVRs that was crushed into near oblivion years ago after a court battle with Hollywood.
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Top satellite television operator  DirecTV Group Inc  said it expected subscription growth  to be "down a bit" in 2008 after a co-marketing deal with AT&T  Inc's  BellSouth ends.
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McLEAN, Va. -- XM Satellite Radio Holdings Inc., which last week announced plans to combine with rival Sirius Satellite, on Monday reported a narrower fourth-quarter loss as a larger subscription base led to a 45 percent boost in revenue.
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The satellite TV operator said higher interest payments on its debt sent fourth-quarter earnings down 2 percent, to $348 million.
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Shares of DirecTV Group Inc. DTV.N   and EchoStar Communications Corp. DISH.O fell on Friday on   media and research reports that media tycoon Rupert Murdoch has   soured on the U.S. satellite television industry.