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Home > Company Index > Telecommunications > Internet & Online Service Providers > StarBand Communications Inc.

StarBand Communications Inc.
 NEWS FROM THE STANDARD
The Trouble With Satellites
May 21 2001 09:09 AM PDT

 PROFILE
Two-way high-speed Internet connections are celestial music to StarBand Communications. Formerly known as Gilat-To-Home, the company leases satellite capacity to deliver broadband Internet access to residential and small-business customers and is targeting rural areas outside the reach of land-based broadband providers. The basic service, which is available throughout the US and can include EchoStar Communications' DISH TV programming, is being distributed through 7,000 RadioShack stores and 20,000 DISH retailers. StarBand is a joint venture among EchoStar, Gilat Satellite Networks, and Microsoft. EchoStar and Microsoft each own 19%. Spacenet, a subsidiary of Gilat, owns about 45%.

 COMPETITION
AT&T Corp. (T)
DIRECTV, Inc. (dossier)
EchoStar Communications Corporation (DISH)

 DEALS
Deal: Starband Secures $50 Million
Date Announced: 07.13.01
Value of transaction (US $Mil): 50
Description: EchoStar takes controlling equity stake in satellite-based Internet access company and invests $50 million.

Search all deals for this company

 FINANCIAL OVERVIEW
Fiscal Year-End: August
2000 Sales (mil.): 0.00
Employees: 167
Revenue per employee: $0.00

 KEY PEOPLE
• Zur Feldman
    CEO
• William McMoil
    CFO

 CONTACT INFO
1760 Old Meadow Rd.
McLean, VA 22102
US
Phone: 703-287-3000
Fax: 703-287-3010
Online: Web Site

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