Satellite Radio Research Links

Sirius XM Overpriced, Barclays Says; Launches At Underweight

Sirius XM shares are too pricey, Barclays analyst James Ratcliffe asserts in a research note this morning, launching coverage of the satellite radio company?s shares with an Underweight rating and $2 target. The stock closed yesterday at $2.15. ?We believe the SIRI business is healthy and expect material??growth in EBITDA [earnings before interest, taxes, depreciation ...

Satellite telephony is unsafe

( Ruhr-University Bochum ) Satellite telephony was thought to be secure against eavesdropping. Researchers at the Horst Goertz Institute for IT-Security at the Ruhr University Bochum have cracked the encryption algorithms of the European Telecommunications Standards Institute, which is used globally for satellite telephones, and revealed significant weaknesses. In less than an hour, and with ...

Crypto crack makes satellite phones vulnerable to eavesdropping

Cryptographers have cracked the encryption schemes used in a variety of satellite phones, a feat that makes it possible for attackers to surreptitiously monitor data received by vulnerable devices. The research team, from the Ruhr University Bochum in Germany, is among the first to analyze the secret encryption algorithms implemented by the European Telecommunications Standards Institute. After ...