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


SkyTerra acquired, to go private
Posted: Thu, Sep 24, 2009, 7:42 AM ET (1142 GMT)
Mobile satellite operator SkyTerra announced Wednesday that it is being acquired by Harbinger Capital Partners, who will take the publicly-traded company private. Harbinger will pay $5 a chare for SkyTerra stock; shares closed the day before at $3.40. SkyTerra currently operates two satellites that provide mobile voice and data services in North America with two satellites. The company has two advanced satellites on order from Boeing that, coupled with a planned terrestrial network, would provide additional, higher-bandwidth services. Harbinger, which already owned nearly half of SkyTerra prior to this deal, also has stakes in TerreStar and Inmarsat, two other mobile satellite communications companies.
<<previous article   next article>>
news in brief

SpaceX launches Indonesia communications satellite
Posted: Sun, Sep 14 4:07 AM ET (0807 GMT)

Soyuz launches Progress cargo spacecraft to ISS
Posted: Sun, Sep 14 4:06 AM ET (0806 GMT)

news links
Monday, September 15
SpaceX Launches Northrop Grumman Cargo Ship To ISS
Aviation Week — 1:18 am ET (0518 GMT)
SpaceX launches Falcon 9 rocket from Cape Canaveral on Sunday
WESH-TV Orlando — 1:18 am ET (0518 GMT)


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