RRSat Global Communications Network, which sells satellite and cable capacity to television and radio programmers worldwide, reported record revenues and profit for 2007 and said its plans to acquire tele-port and production facilities in the United States have been delayed slightly but remain imminent. In a Jan. 31 conference call with investors, officials of the Omer, Israel-based company said they it expect to finance the company's its long-expected U.S. purchases with the firm's its own cash resources. As of Dec. 31, RRSat had $63.4 million in cash and marketable securities.
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