Intelsat satelitte loss threatens $3.1 bln sale
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A planned $3.1 billion takeover of satellite operator Intelsat Ltd. appeared in jeopardy on Sunday after the company said an electrical problem had ruined one of its satellites.
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XM Satellite Radio Holdings Inc. said Friday it is on track to have more than 3.1 million subscribers by the end of the year, but shares fell on a reported four-week production snag.
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Intelsat Ltd., the world's second-largest satellite operator, said on Monday it agreed to be bought by a consortium of four private equity firms for &#36;5 billion, including assumption of &#36;2 billion of debt.
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German broadcaster ProSiebenSat.1 is to be sold to a consortium of US and European private equity firms.
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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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MCI has reported a $3.4bn (Â£1.8bn) third-quarter loss due mainly to a write-off of the value of its assets. The company&#39;s efforts to recover from its bankruptcy are being hampered by stiff competition in
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Sirius Satellite Radio Inc. reported a wider-than-anticipated loss in the third quarter as higher costs related to programming initiatives and customer acquisition offset revenue gains.
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BETHESDA, Md. The loss of an Intelsat satellite knocked out Internet access for many customers of Starband, a McLean-based provider of online access via satellite.
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Inmarsat, the satellite communications company, closed within a whisker of a record high on Tuesday following news of problems at a US rival.
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Hamilton, Bermuda, Aug. 17 (UPI) -- A European consortium has agreed to pay $3 billion and assume debt to acquire the world&#39;s No. 2 satellite provider, the Financial Times reported Tuesday.
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Communications equipment network maker 3Com Corp  on Thursday posted a wider net loss from a year ago, partly due to higher research and development costs.
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LOS ANGELES (Dow Jones)--Gemstar-TV Guide International Inc. (GMST) posted a sharply wider third-quarter loss weighed down by a large impairment charge related to its TV Guide business.
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The electronics company warns on third-quarter earnings.
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Satellite operator Intelsat Ltd. has lost a satellite following an unexpected electrical power problem, less than two months after electrical problems ruined another satellite.
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Hungarian commercial network Viasat3 may have to restructure its ownership if the local regulator finds it reaches more than 50% of Hungary's population.
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Satellite television provider  DirecTV Inc. said it may take up to $1.6 billion in charges to  write down the value of satellites it would use for  broadcasting instead of high-speed data services.
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Intelsat Ltd., the pioneering commercial satellite company that connected the world through global television and telephone communications, announced Monday its sale to a group of private investors for $3 billion in cash. -The Washington Post