Tag: Spaceway

  • Net via satellite effort to be written off by Direc TV

    Net via satellite effort to be written off by Direc TV

    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.

    Apparently in September, this US satellite television provider, said that it would be using two satellites which were then under construction and other related assets to expand its programming capacity, particularly for high-definition television.

    The Spaceway satellites originally had been earmarked for high-speed Internet services. The change in strategy has led the company to review its book value of the satellites.

    The company expects to record a pre-tax charge of about $1.4 billion to $1.6 billion in the third quarter, according to the filing with the US Securities and Exchange Commission.

    DirecTV is controlled by Rupert Murdoch’s News Corp. through the Fox Entertainment Group.

  • DirecTV to launch 4 gen next satellites

    DirecTV to launch 4 gen next satellites

    MUMBAI: US-based DirecTV has announced its plans for the launch of four next-generation satellites, on Wednesday.

    The first two satellites, Spaceway 1 and Spaceway 2, will launch in 2005 and will deliver programming to consumers by the middle of the year. The Ka-Band satellites will have capacity for more than 500 local HD channels.

    The satellites are will help with the launch of local high definition (HD) channels as well as increasing national HD programming and capacity for new interactive and standard-definition content, says a company release.

    With help of the satellites, DirecTV have the ability to bring local HD programming to most of the US population as well as help with the continuing expansion of local TV in standard-definition and other enhancements. The satellites were recently converted to allow for the offering of both video and broadband Internet, release adds.

    Spaceway was initially designed as a broadband offering for enterprise users.

    Two other kA-Band satellites, DirecTV 10 and DirecTV 11, will launch in early 2007, the company said. These satellites will have capacity for more than 1,000 additional local HD channels, more than 150 national HD channels, and other new programming offerings.

    DirecTV said consumers will receive the expanded services as well as existing programming with a single dish.

    “We have led the TV industry in choice, quality and service and we are now positioned to lead the industry in bringing new advanced television programming to consumers nationwide,” said DirecTV Group president and CEO Chase Carey.

    “Only DirecTV, not cable or other competitors, will have the capability to bring hundreds of high-definition channels and other enhancements to consumers across the entire country with the consistency, reliability and quality that they demand and deserve,” he added.

    While Spaceway 1 and Spaceway 2 are nearing completion, Boeing is constructing a third Spaceway satellite and will also build a satellite that will serve as a ground spare.

  • News Corp unsure of ‘Spaceway’; cancels venture

    News Corp unsure of ‘Spaceway’; cancels venture

    MUMBAI: Australia’s News Corp., which runs the biggest satellite-to-home TV broadcast in the US, has dropped its Spaceway venture.

    The project was meant to launch advanced satellites to deliver internet access.

    The company was supposed to launch an ultra-powerful spacecraft to provide broadband links to an array of businesses and residential customers as part of its Spaceway project.But the venture is now axed as the top News Corp. executives saw their latest projections of market demand and profitability failing to justify the company’s original investments for the project.

    News Corp. is expected to go ahead with their launching plans of the Spaceway satellite meant for TV broadcast.