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Technology Stocks : Winstar Comm. (WCII)

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To: Mazman who wrote (9688)12/17/1998 10:33:00 PM
From: Jim Pasinato  Read Replies (2) of 12468
 
Hi Mazman:

The reason LMT is mentioned in the news release is that they are the primary equipment integrators for the proposed Astrolink system. Astrolink wants to be the satellite based, Ka-band provider of high speed data services. They will compete primarily with the Teledesic, Skybridge, and Spaceway systems for the "data" market (not the same as Iridium and Globalstar). I would imagine they own a similar spectrum as WCII in Ka-band and the FCC is attempting to make sure they don't interfere with each other. Cheers!

Jim P.
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