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Loral Skynet Re-Enters U.S. and North American Fixed Satellite Services Market |
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BEDMINSTER, N.J., March 21, 2006/Satnews Daily/ ¾ Loral Skynet, a subsidiary of Loral Space & Communications (NASDAQ:LORL), has announced that it has resumed offering fixed satellite services (FSS) to customers in North America beginning last March 18, 2006.
“Having the ability to once again offer our FSS services in North America is a major milestone in Skynet's growth strategy,” said Patrick Brant, president of Loral Skynet. “Most of Skynet's history and consistent reputation for superior customer service has been as an FSS provider in the U.S. We intend to vigorously market our heritage services in this newly available region, in addition to providing our successful IP-focused network services.”
Pursuant to the terms of Loral's agreement to sell certain of its North American assets to Intelsat in March 2004, Skynet was precluded from offering basic FSS capacity leasing services in North America for two years.
Loral Skynet said it now operates a global satellite fleet, now offering complete bandwidth services in every major geographic region. “With the resumption of service in North America, Skynet's portfolio of satellite services offers customers complete global communications services, from basic capacity leases to the latest in IP-powered hybrid satellite and terrestrial network services,” Brant continued.
Loral Skynet currently operates two satellites that provide coverage of North America. Telstar 14/Estrela do Sul offers Ku-band capacity across North America and Telstar 12 offers Ku-band capacity to as far West as Denver. Skynet also offers FSS service on transponders it leases across the North American arc, including four transponders it will operate aboard Satmex 6, a high-power C- and Ku-band satellite covering all of the Americas, which is scheduled to begin service this summer.
In addition, Loral Skynet recently announced the start of construction on Telstar 11N, a powerful new multi-region Ku-band communications satellite to be located at 37.5 degrees West longitude. When it enters service in the second quarter of 2008, Telstar 11N will provide service from 39 high-power 54 MHz Ku-band transponders spread across four different geographic beams in each of North and Central America, including the U.S., Europe, Africa and the maritime Atlantic Ocean Region. Telstar 11N will complement the coverage of Skynet's Telstar 12 satellite at 15 degrees West longitude, which provides Ku- band trans-Atlantic coverage to an array of commercial and governmental users.
Recent Stories: Bernard L. Schwartz to Retire as Chairman of Loral, Michael B. Targoff Named as Successor SS/L Begins Construction of Loral Skynet’s Multi-Beam Telstar 11N Satellite Loral Skynet Signs Contract for Replacement Satellite for Telstar 11 |
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