Satellite Business Systems

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Satellite Business Systems

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Satellite Business Systems

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Exist Dates

Exist Dates - Date Range

1971

active 1971

Active

1990

active 1990

Active

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Biographical History

Satellite Business Systems (SBS), a partnership between IBM, COMSAT and Aetna Life & Casualty, was purchased and merged into MCI as its subsidiary in February 1986. The merger helped to establish MCI as a company associated with IBM, the world's largest computer corporation, and to complete MCI's network with digital satellite technology.

In 1971, MCI started a joint venture with Lockheed Aircraft Corporation - MCI Lockheed Satellite Corporation (MCIL) which applied to construct and operate a domestic communication satellite system. Later, Communications Satellite Corporation (COMSAT) joined the venture and it was renamed CML Satellite Corporation (CML) in January 1973. MCI and Lockheed sold their interests in MCIL to IBM, and when Aetna Life & Casualty joined the partnership in December 1975 the enterprise was renamed Satellite Business Systems. After ten years, SBS was failing financially, and first COMSAT and then Aetna sold their interests to IBM, which in turn looked for an opportunity to abandon its communication business. The IBM-MCI agreement under which IBM acquired a 16 percent stake in MCI and MCI received all the assets and operations of SBS was first announced in June 1985.

From the description of Records, 1971-1990 (bulk 1975-1985). (Hagley Museum & Library). WorldCat record id: 122516293

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External Related CPF

https://viaf.org/viaf/141904088

https://www.worldcat.org/identities/lccn-n81083772

https://id.loc.gov/authorities/n81083772

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Subjects

Advertising

Aerospace telemetry

Ariane rockets

Artificial satellites

Artificial satellites

Artificial satellites, American

Artificial satellites in telecommunication

Artificial satellites in telecommunication

Artificial satellites in telecommunication

Business failures

Business forecasts

Business planning

Certificates of incorporation

Consolidation and merger of corporations

Data transmission equipment industry

Data transmission systems

Deceptive advertising

Delta launch vehicles

Earth stations (Satellite telecommunication)

Echo suppression (Telecommunication)

Electromagnetic interference

Electronic mail systems

Executives

Fiber optics

Geostationary satellites

Geostationary satellites

Geostationary satellites

Government marketing

Job Description

Launch vehicles (Astronautics)

Marketing literature

Marketing research

Modems

Satellite dish antennas

Satellite earth stations industry

Satellite insurance

Telecommunication

Telecommunication

Teleconferencing

Teleconferencing equipment industry

Time division multiple access

Traveling-wave tubes

Videoconferencing

Nationalities

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Occupations

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Places

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<conventionDeclaration><citation>VIAF</citation></conventionDeclaration>

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Identity Constellation Identifier(s)

w60s54gk

72949641