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By most accounts, Clear Skies would prevent more deaths than any environmental regulation since 1997 at a cost of about $6 billion a year to the utility industry.
Its mission is to preserve and protect the nighttime environment and the dark skies through quality outdoor lighting as artificial lighting threatens to destroy views of the sky.
New Skies was selected for its ability to offer comprehensive C- and Ku-band satellite coverage -- spanning the Americas, the Atlantic Ocean Region, Europe, Africa, the Middle East and Asia -- while offering the capability to expand services across its global satellite fleet.
New Skies has provided the International Federation with Ku-band satellite capacity on its NSS-7 West Africa beam, which will then be turned-around at New Skies' Washington Mediaport for distribution on NSS-7's North America and Europe beams.
New Skies believes that all forward-looking statements are based upon reasonable assumptions when made; however New Skies cautions that it is impossible to predict actual results or outcomes or the effects of risks, uncertainties or other factors on anticipated results or outcomes and that, accordingly, you should not place undue reliance on these statements.
For the twelve months ended September 30, 2005, New Skies generated revenues of US$ 232.
Dolores Martos, New Skies' vice president of Latin American sales, said: "These prominent broadcasters, and now valued New Skies customers, are all key players in their respective markets.
NEW SKIES SALE TO AFFILIATES OF THE BLACKSTONE GROUP RECEIVES FCC APPROVAL; TRANSACTION EXPECTED TO CLOSE ON NOVEMBER 2, 2004
Concurrently, New Skies announced that it has been chosen by The Wire & Wireless Group to provide several European broadcasters with live digital coverage of Formula One racing from the Japanese Grand Prix in Suzuka, Japan.
Under Hart-Scott-Rodino (HSR), New Skies and Blackstone were required to make a pre-closing filing with the U.
As the company's primary European gateway to NSS-6, New Skies will be able to use the facility to offer existing and potential customers throughout Europe high-powered and complete coverage of the Middle East, North Africa, Asia and Australia.
With a rare flexibility and customer-first approach, New Skies has enabled us to move forward with the confidence of having in place well in advance the resources to fulfill the exacting needs of our member broadcasters and their diverse audiences.
Dan Goldberg, chief executive officer of New Skies, said: "I am very pleased with the execution and completion of the share repurchase program, an initiative that underscores our confidence in the strength of our business and our prospects going forward.
New Skies will seek authorization at its upcoming Annual General Meeting of Shareholders to cancel the treasury shares.
By deploying its newest, largest, and most powerful satellite to an established orbital location in the Indian Ocean region, New Skies will ensure it can continue to meet the current and future needs of its many customers throughout India, Asia, the Middle East, and Africa as well as capitalize on the region's strong projected growth.