Business Services Industry
Globecomm Receives Initial Payment On DTH Project
Communications Today, Nov 5, 2002
Globecomm Systems [GCOM] received an initial payment of $500,000 to begin the engineering and planning stages of a multi-million dollar direct-to-home (DTH) satellite TV system contract with an unidentified customer. The proposed DTH system would enable digital subscribers to tune to a subscription based DTH system, which would include Internet, entertainment and local channels, plus pay-per-view programming. The proposed project would be implemented in twophases. The first would include the provision of a broadcast uplink from Globecomm's Long Island teleport and would support one transponder of North American video content and Internet to subscribers; and the second would include the implementation of a broadcast center. The first-phase contract has a value of up to $8.6 million, and the second phase has a value of up to $19.6 million.
Read about these and other key events in the upcoming editions of Satellite News and Interspace, long considered by top execs to be the most authoritative voices of the satellite industry. Information about the two publications can be found by clicking on the "newsstand" at http://www.TelecomWeb.com.
[Copyright 2002 PBI Media, LLC. All rights reserved.]
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