NewSat - News, Features, and Slideshows

News

  • Satellite players arc up over NBN mission creep

    Satellite operators and service providers have followed in the footsteps of the wider ISP sector, issuing a warning about the potential for ‘mission creep’ under the National Broadband Network (NBN).

  • NewSat acquires satellite slots

    NewSat Limited (ASX: NWT) has announced that it has entered into an agreement to acquire valuable space assets in the form of orbital slots for accommodating satellites.

  • NewSat reports move to profitability

    Satellite telecommunications company NewSat (ASX: NWT) has recorded a major turn around in fortunes, reporting a positive EBITDA of $1.6 million for the year to 30 June 2010.

  • NBN Co to spend circa $1 billion on satellites

    The NBN Co will spend up to $1 billion on two KA band satellites to deliver National Broadband Network (NBN) services to Australian households unable to access coverage via fibre or wireless.

  • NewSat appoints two new directors

    Just a day after its chairman issued a personal address to shareholders over the state of the company’s finances, NewSat (ASX:NWT) has announced that it has appointed two new directors to its board to progress development and growth.

  • NewSat moves to reassure investors

    Satellite communications company NewSat (ASX:NWT) has moved to reassure investors over the future of the company with the issuing of a chairman’s address on the company’s financial progress.

  • NewSat records maiden positive EBITDA

    Australian satellite communications company, NewSat (ASX:NWT), has released its financial results for the six months to December 31, 2009, recording revenue growth of 21 per cent to $11.9 million for the period.

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