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Technology Stocks : Loral Space & Communications

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To: Rocket Scientist who wrote (5413)3/4/1999 6:09:00 PM
From: Valueman  Read Replies (1) of 10852
 
The SkyMexico deal appears to go like this. They started out on Sol.2, and planned to go to PAS-5. They have subs in Spain and this sat allows coverage there. For awhile, they broadcast on both sats. Then the programming was mostly pulled from PAS-5. They will now stay on Sol. 2 for the time being, probably until fall when their contract runs out. They then will move to another PanAmSat bird that has yet to be launched. This is what I am guessing is going on. That would also explain why they didn't go on SatMexV. So, it is a temporary victory for SatMex. Makes one wonder too what ails PAS-5.
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