COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

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Nov 7 11:47 AM EST

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To: DMaA who wrote (13161)	2/27/1998 3:53:00 PM
From: Moonray	Read Replies (2) of 22053

Teledesic Launches First Test Low-Earth Internet Satellite Kirkland, Washington, Feb. 27 (Bloomberg) -- Teledesic LLC put its first test satellite into orbit, marking the first successful orbit of a commercial Ka-band low-earth orbit satellite, or LEO, USA Today reported. Teledesic, backed by Microsoft Corp.'s Bill Gates and cellular pioneer Craig McCaw, plans to build a network of 288 LEOs to serve as a space-based high-bandwidth Internet. The satellites, which are expected to be operational by 2002, could carry video or other data services to villages in China or U.S. cities which can't get good Internet connections through phone or cable lines, the paper said. McCaw resumed his role of Teledesic chief executive in December, reflecting the company's determination to stick to an ambitious timetable for creating the $9 billion satellite network. o~~~ O

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