Advanced Television

SEC

Intelsat Class Action gathers pace

The long-running Class Action inside trading allegations brought by some investors in Intelsat is coming to a head. The action centres on allegations that Dave McGlade, then chairman of Intelsat, in 2019, together with some major Intelsat stock-holders, sold significant portions of their holdings following a specific meeting between Intelsat and key officials at the […]

January 26, 2023By Chris Forrester

SES starts mPOWER journey

The first pair of Boeing-built mPOWER satellites for SES have been delivered to Cape Canaveral ahead of their planned launch – which will be handled by SpaceX – around the middle of December. The O3b mPOWER satellites are part of SES’s second-generation medium earth orbit (MEO) system operating at approximately 8,000 km altitude from the […]

December 6, 2022By Chris Forrester

SiriusXM borrows extra $1.5bn

US pay-radio operator SiriusXM has issued $1.5 billion of new Senior Notes debt in a private placement. The offering was significantly oversubscribed. The net proceeds will be used to redeem all of its outstanding 5.375 per cent senior notes originally due for repayment in 2025 as well as borrowings of its 4.625 per cent Notes […]

June 9, 2020By Chris Forrester