Globalstar faces renewed default risk with Arianespace dispute
Globalstar is once again in danger of defaulting on its Coface facility, after Arianespace flagged a missed payment for launching ...
Tag: Globalstar
Globalstar settles Thales Alenia Space contract dispute
Mobile satellite operator Globalstar has agreed to acquire a further six spacecraft from Thales Alenia Space, after the two companies settled ...
Thales dispute could force Globalstar into Chapter 11
Mobile satellite operator Globalstar has warned it could be forced into Chapter 11 bankruptcy protection if it is unable to resolve ...
Globalstar loses arbitration case against Thales
The three-judge commercial arbitration tribunal has ruled in favour of satellite manufacturer Thales Alenia Space in its dispute with Globalstar ...
Globalstar extends Coface loan repayment
MSS operator Globalstar has secured an amendment to its Coface-backed US$586.3m senior secured credit facility, extending the initial repayment date ...
Open Range’s 11-12 Jan asset sale targets US$100m+
San Diego-based liquidation firm Heritage Global Partners has announced plans to auction failed US rural wireless provider Open Range’s assets ...
Profitable year and increased capacity keep downward pressure on rates
With two launches due to take place before the end of the year, the satellite insurance market is on course ...
Thales to provide software solution to Globalstar momentum wheel issue
Globalstar has signed an agreement with the manufacturer of its second generation constellation, Thales Alenia Space, to develop software to ...
TotheHome pulls out, Open Range faces liquidation
US rural wireless provider Open Range is set for liquidation after its sole bidder withdrew a US$2m offer to acquire its ...
US$2m stalking horse bid for Open Range
US broadband provider totheHome has made a US$2m stalking horse bid for local rural wireless provider Open Range, which filed ...
