Loral

News that Globalstar L.L.P. lost 12 satellites late last week in a failed rocket launch left mobile satellite service investors uneasy. An announcement from Iridium L.L.C. indicating it plans to …

WASHINGTON-Under even the most abnormal of normal circumstances, it usually is possible to handicap odds for passage of wireless legislation before Congress adjourns. But these are not normal times. An …

SUNNYVALE, Calif.-Conductus Inc. was awarded a contract to develop low-loss tunable microwave devices for applications in wireless and satellite communications, said the company. The contract, which is valued at $1.67 …

The U.S. State Department suspended work July 27 on an international project aimed at launching communications satellite-carrying rockets from a floating launch pad near the equator, fearing American technology secrets …

WASHINGTON-Hughes Electronics Co., under fire in Congress for heavy-handed lobbying on satellite exports to China, again is pushing the Clinton administration to relicense a $500 million Asia-Pacific Mobile Telecommunications satellite …

WASHINGTON-While congressional and Justice Department investigators concentrate on whether satellite technology transfers helped Communist China improve its nuclear missile capability, the United States quietly is leading an effort to decontrol …

NEW YORK-Loral Space & Communications Ltd., New York, announced July 6 it had closed on its purchase of 4.2 million partnership interests in Globalstar L.P. from founding service provider partners …

After more than seven years of investigation and litigation, Frequency Electronics Inc. has settled all outstanding criminal and civil cases brought against it by the U.S. government with a guilty …

WASHINGTON-In an unexpected development that could further complicate President Clinton’s China visit this week and hurt him when he returns home, U.S. officials last week disclosed security concerns prompting them …

WASHINGTON-President Clinton last week renewed favorable trade status for China, while under fire from Republicans and Democrats over allegations linking illegal Democratic campaign contributions to technology transfers from U.S. wireless …

WASHINGTON-House Speaker Newt Gingrich (R-Ga.) last week said a select committee, patterned after the 1973 Watergate panel, will be formed to investigate alleged satellite technology transfers from U.S. wireless companies …

NEW YORK-Led by dramatic expansion of television, mobile telephony and multimedia services, global satellite industry revenues will skyrocket to $171 billion in 2007 from $38 billion in 1997, according to …

WASHINGTON-The Republican congressional leadership plans hearings to investigate Clinton-administration approval of commercial satellite technology transfers from U.S. wireless firms to China that Pentagon and intelligence officials say were converted to …

Globalstar L.P.’s original service providers have until the end of today to decide if they want to take up Loral Space & Communications’ recent offer to buy a portion of …

GlobalStar Telecommunications Ltd. announced that China Telecom Group Ltd. has agreed to invest $37.5 million to become a full partner in Globalstar L.P. China Telecom, which provides fixed and wireless …

WASHINGTON-In two new probes that could intensify scrutiny of President Clinton’s 1996 re-election campaign, the Justice Department is investigating sworn allegations that Hillary Rodham Clinton directed former Commerce Secretary Ron …

WASHINGTON-Labor Secretary Alexis Herman last week reiterated her innocence in connection with a Justice Department probe into whether she profited from helping Mobile Communications Holdings Inc. obtain a global satellite …

WASHINGTON-Greg Simon, telecom lobbyist and former domestic policy adviser to Vice President Gore, last week denied any wrongdoing regarding his 1996 meeting-undertaken at the request of then-White House aide Alexis …

WASHINGTON-The Justice Department is investigating whether Labor Secretary Alexis Herman, in her role as a White House aide during President Clinton’s first term, sold political clout to win Federal Communications …

WASHINGTON-TRW Inc. and Motorola Inc. asked the Federal Communications Commission to investigate Mobile Communications Holdings Inc. in connection with alleged lobbying violations aimed at securing industry, congressional and Clinton administration …

Telemac appointed Peter McCracken chief executive officer, with responsibility for overseeing the development of innovative software technology and formulating strategic alliances with wireless industry leaders. Previously, McCracken was president and …

WASHINGTON-The United States is honing preparations to press for additional global mobile satellite spectrum at the World Radiocommunication Conference this fall in Geneva, but prospects appear more promising for big …

The Federal Communications Commission announced three appointments in the Wireless Telecommunications Bureau. David Horowitz was named chief of the Private Wireless Division of the Bureau, which he joined in 1995 …

NEW YORK-Some 32 nations, companies and professional organizations have become initial signatories of an agreement to facilitate deployment of new global satellite systems by joining the International Telecommunication Union Memorandum …

Globalstar Canada was granted approval by Industry Canada to provide mobile wireless services throughout Canada using the Globalstar satellite-based telecommunications system. It is the first big low-earth-orbit license to be …