Panamsat reports increases in sales, earnings
PanAmSat Corp. earned $124.6 million on sales of $767.3 million in 1998, up from earnings of $98 million on sales of $756 million in 1997. The Greenwich, Conn., company said the sales increase was primarily due to an increase in operating lease revenues, which climbed 8% to $736.6 million for 1998...
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