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Technology Stocks : Loral Space & Communications
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To: Bonnie Bear who wrote (2900)5/10/1998 6:26:00 PM
From: Dragonfly  Read Replies (1) of 10852
 
SkyReport: Loral Unveils USCast Satellite-Based Internet Service

Bonnie Bear to Valueman:
Perhaps YOU should do your homework.

HA! That's amusing. Welcome to SI, Bonnie Bear. You might want to read the previous couple thousand messages in this thread.

Here's some news I swiped from SkyReport:
-----------------------------------------
Loral Orion Network Systems unveiled a new, satellite-based Internet access service aimed at enterprises, businesses and Internet Service Providers seeking to expand their Internet access.

USCast will be sold to ISPs and in turn marketed to businesses and
enterprises. It will enable companies to maintain their existing
terrestrial Internet access while expanding their capability to download large-size data files. The service may be attractive for bandwidth intensive applications, including multicasting, downloading news, receiving Usenet information and receiving video and audio streaming.

USCast will be delivered via the high-power, high-bandwidth Orion 1
satellite. The bird now carries more than 100 Mbps of Internet data,
serving more than 60 ISPs throughout Eastern and Western Europe.

USCast follows Loral Orion's 1997 rollout of WorldCast, an Internet service available to European ISPs. Two new satellites set for launch over the Asia-Pacific and Latin America regions in late 1998 and early 1999 will allow WorldCast to expand into those regions.

Dragonfly
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