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Stock in the company closed down nearly 11 percent today at 37.125. Shares have traded as high as 66.125 and as low as 26.5 in the past 52 weeks. Meanwhile, stock in Hughes, which built many of PanAmSat's birds, closed more than 4 percent lower today at 38.6875. Hughes shares have traded as high as 57.875 and as low as 30.375 in the last year. This year has been a difficult one for PanAmSat. The company also lost a satellite when a Boeing Delta III rocket that was set to carry the bird into space exploded during its maiden voyage in August.

Reuters contributed to this report, The satellite company finds problems with batteries on a satellite that may lead to service outages for its broadcast news and paging customers, The satellite company has discovered a problem with the power source in another of its "birds" that has caused brief transponder iphone case clear outages, the company revealed in a recent Securities and Exchange Commission filing, The battery problems with the satellite are similar to the failures the company found on a different satellite in March, the company said in SEC documents..

CNET también está disponible en español. Don't show this again. Cisco Systems rolled out new models in its 2600 and 7500 lines of routing devices and a new partnership with a South Korean carrier. Cisco's partnership with Dacom covers joint sales, training, marketing, and product development, and expands the data giant's reach into South Korea and other Asian markets. Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.

CNET también está disponible en español, Don't show this again, The program is currently funded by surcharges on long distance telephone bills, Long distance companies, such as AT&T or Sprint, funnel these dollars to the local telcos--primarily the baby Bells and GTE--who serve rural and low-income areas, ensuring that phone service is available in these regions, The federal program pays for about 25 percent of the cost of the subsidies, The rest is picked up by the states, The federal advisory panel recommended changing this structure slightly.Long distance companies should be assessed fees based on their total revenue, rather than simply their interstate calls fees, the board said, This would put the growing sector of Internet and data services into the funding mix, The companies also should be barred from marking these charges as a new tax or mandatory fee on consumers' bills, panel members iphone case clear said..

States that have a higher proportion of rural areas should be encouraged to pick up a higher proportion of their residents' subsidies, the board said.But they also recommended that the amount of federal money going to each state stay at least at its current level. The federal program now sends about $250 million yearly to the local phone companies to help pay for rural service. The companies are also forced by regulators to use profits from other customers to help subsidize low-income callers. Local phone companies, which administer the program for their rural users, said they were optimistic about the advisory board's recommendations.