SatNews

Satellite Industry Intelligence Since 1983

ORBITZ…

  • Financially Speaking… Yahsat… — Al Yah Satellite Communications Company PrJsc (Yahsat), the UAE’s first nationally-owned satellite operator and wholly-owned subsidiary of Mubadala, is approaching the financial market to raise US$1.2 billion to finance its satellite communications system. The fourteen-year, non-recourse financing will raise US$1 billion in term loan, US$100 million in stand-by term loans, and US$85million in debt service reserve letter of credit. Yahsat intends to close the financing with a club of 15 banks by August 2008. Yahsat has appointed BNP Paribas as the financial advisor to manage the financing process—Abu Dhabi, UAE


  • Presentations Integral To Success — Integral Systems will be presenting at the FBR Capital Markets Spring Investor Conference, which is being conducted on May 28th and 29th at the Grand Hyatt New York. Peter Gaffney, Executive Vice Presdient, New Business and Technology Development, and Will Bambarger, Chief Financial Officer, both of Integral, will present on May 29th. Information will be offered regarding Integral Systems, the company’s products, and the industry—Lanham, Maryland

  • GTM In Early June For Your Calendar — Intelsat, Ltd. has announced that Information Week, the Global VSAT Forum and satellite industry consulting firm, Futron, will join Business Week and the International Telecommunication Union in leading discussions on the most current topics in global telecommunications at the Global Telecommunications Meeting (GTM) to be held June 2nd through 5th in Washington, D.C. Communications industry executives and analysts will gather at the Marriott Wardman Park Hotel and relay the latest business developments highlighting mobility, advanced broadband applications, video broadcast and on-demand services. Key presenters include senior executives from Verizon, AT&T, BT, Panasonic, Globe Wireless, PCCW, Cisco, Nokia Siemens, Avail Media, Tandberg, iDirect Technologies, Globecast World TV and USTA. Dr. Hamadoun Touré, Secretary General of the International Telecommunication Union, will deliver the keynote address.Registration and more info here…

  • Wanna Peek At ISS? NASA says this is the week to obtain your view of the International Space Station (ISS) as it flies some 220 miles overhead… .the ISS will be in almost constant sunlight from Wednesday through Friday. If you want to find out when the ISS will be visible in your area, check this website.