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Technology Stocks : Echostar Comm.

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To: Noel who wrote (918)	10/26/1998 12:10:00 PM
From: Noel	Read Replies (1) of 1394

It looks like DISH may have another crack at the 110 deg. frequencies yet. I wonder what Murdoch will do with them if they don't give them up to DISH in exchange for a settlement on the breach of contract lawsuit? Merge with DIRECTV? It is about all that's left, and you know it is too late in the game for him to launch a new service now. Anyway, here's the story: FCC Threatens To Revoke DBS License At 110 Degrees The Federal Communications Commission said that the high-power orbital slot bought by MCI Communications at auction for $682.5 million must be occupied by Dec. 20, 2000, or the license will be revoked under due diligence rules. MCI and News Corp. announced last week that they had terminated a deal to use the slot at 110 degrees for a high-power effort at PrimeStar. In January 1996, MCI had bought the orbital location for its American Sky Broadcasting venture with News Corp. The 110-degree location is one of three providing full coverage of the United States, and is the last remaining full-CONUS slot. The 101-degee position is occupied by DirecTV and U.S. Satellite Broadcasting, while the 119-degree position is owned by EchoStar Communications and TCI Satellite, a PrimeStar partner.

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