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Technology Stocks : Loral Space & Communications

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To: Jim Parkinson who wrote (6986)11/12/1999 10:03:00 AM
From: Jeff Vayda  Read Replies (1) of 10852
 
Skybridge news and latest Satellite Book out

:http://www.unterberg.com/research/index.htm

(thanks Phillips Telecon)

Jeff Vayda

SKYBRIDGE: SkyBridge and Lebanon signed a Memorandum of Understanding

Story Filed: Wednesday, November 10, 1999 2:08 PM EST

NOV 10, 1999, M2 Communications - Paris -- SkyBridge confirmed today that it has signed a Memorandum of
Understanding with the Lebanese Ministry of Post and Telecommunications according to which Lebanon would become an
equity partner and service provider in the Middle East and North Africa.

Lebanon has provided an early and strong support to SkyBridge, particularly for regulatory matters at the World
Radiocommunication Conference in 1997 and in numerous occasions since then, said Pascale Sourisse, President & CEO of
SkyBridge LP. This Memorandum of Understanding is a step forward in our relationship with this country. The Ministry of Post
and Telecommunications has clearly understood all the competitive advantages the country could benefit from with a system
such as SkyBridge in order to bring Lebanon to the leading edge of satellite broadband multimedia communications.

This partnership with Lebanon will be achieved through a combination of public and private investments. It will be the first step
towards the creation of SkyBridge Middle East that additional telecommunication operators from the region will be invited to
join.

Editor's notes

SkyBridge LP is backed by Alcatel. Alongside Alcatel, its industrial partners and shareholders are: Loral Space &
Communication and EMS Technologies of the United States; COM DEV of Canada; Mitsubishi Electric, Sharp and Toshiba
of Japan; THOMSON multimedia, CNES and SNECMA of France ; SRIW of Belgium.

Telstra has recently signed an agreement in principle to become SkyBridge service provider in Australasia and South East Asia.

Based on a constellation of 80 Low-Earth-Orbiting (LEO) satellites, SkyBridge will deliver global connectivity to business and
residential users worldwide with performance comparable to that of future terrestrial broadband technologies.

As an access system, SkyBridge will complement and extend terrestrial networks and help operators to solve the 'last mile'
problem by providing an instant broadband connection to users that previously only had narrowband access.

The SkyBridge system will optimize the use of the radio frequency spectrum by operating in the Ku-band, while fully protecting
geostationary satellite systems and terrestrial services within the Ku-band through an innovative frequency re-use concept. The
1997 World Radiocommunication Conference approved this approach.

SkyBridge services will be delivered locally through national and regional telecommunications operators and other service
providers.

For further information, come and visit us on www.skybridgesatellite.com

Copyright 1994-99 M2 COMMUNICATIONS LTD
CONTACT: Nicolas Brun, Vice President,
Communications, SkyBridge LP
Tel: +33 1 46 52 63 94
e-mail: nicolas.brun@space.alcatel.fr
Edward Lloyd/Simon West, Barrington Lloyd
International
Tel: +44 (0)1799 506 187
e-mail: Edward.lloyd@bli.co.uk

*M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR
INFORMATION PROVIDED WITHIN M2 PRESSWIRE. DATA
SUPPLIED BY NAMED PARTY/PARTIES.*

Copyright ¸ 1999, M2 Communications Ltd., all rights reserved.

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