TerreStar (NASDAQ:TSTR) successfully launched its broadband communications satellite into orbit on Tuesday. TerreStar-1 now joins ICO Global (NASDAQ:ICOG) and Globalstar’s (NASDAQ:GSAT) communications hubs in geosynchronous orbit, each waiting to link up with promised terrestrial broadband networks back on Earth. more

The so-called ‘broadband stimulus chill’ is thawing as the federal government’s recently released guidelines shed more light on how broadband stimulus funds will be applied. more