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Technology Stocks : Loral Space & Communications
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To: Valueman who wrote (4916)11/27/1998 2:16:00 PM
From: Valueman  Read Replies (1) of 10852
 
For those of you who speculate on the future of Loral and who may want to own them, this is an interesting bit from Alcatel in their description of Europe*Star:

Reinforced cooperation between Alcatel and Loral

The current contract concerns the in-orbit delivery of a satellite with a capacity of 30 channels in the Ku band at 36 MHz.
It includes an option for the order of a second satellite. Work on the Europe*Star program started in January 1998 at Alcatel facilities in Toulouse and Space Systems/Loral in Palo Alto, California. In-orbit service is scheduled to start by the middle of the year 2000 at the latest. Europe*Star is another milestone in the growing cooperation between Alcatel and Loral, which already includes the Globalstar, Skybridge, CyberStar, Intelsat, M 2 A and Mabuhay programs. By integrating the Loral satellite network - including Loral Skynet, SatMex and Orion Network Systems Inc. - Europe*Star will offer its customers one stop shopping: all operators or broadcasters will have access to the whole network from any entry point. The Europe*Star program demonstrates Alcatel's ability to promote and develop major space systems for telecommunications in international partnerships. This capability puts Alcatel in a strong position to supply operators with the associated ground telecommunications equipment.

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