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Technology Stocks : Loral Space & Communications

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To: JGoren who wrote (6186)5/20/1999 2:58:00 PM
From: Jeff Vayda  Read Replies (1) of 10852
 
Orion 2 Forming Transatlantic Satellite Net Connex

May 20, 1999: 1:57 p.m. ET

BEDMINSTER, NEW JERSEY, U.S.A. (NB) -- By
Steve Gold, Newsbytes. NetSat Express plans to use
capacity on Loral Skynet's Orion 2 satellite to carry
Internet traffic between the US and Europe.
The satellite, which will be launched in the fourth
quarter of this year, will be parked in a geostationary
orbit of 12 degrees west, allowing the high-capacity
satellite to carry a variety of transmissions from Europe,
as far across as Russia, to both North and South
America, as well as vice versa.
Because the new satellite will have 38 Ku-band
transponders on board, it can carry a significant volume
of traffic, adding to the existing data transmission
capacity of Orion 1, according to Terry Hart, Loral
Skynet's president. "The unique trans-Atlantic
configuration of the Orion 2 satellite is ideal for carrying
Internet content from the US to Europe, the Middle East
and South Africa," he said.
Hart said as the use of the Internet grows in Europe
and around the world, the firm is looking to route
increasing volumes of Internet traffic across its satellite
connections.
The move to rent capacity on the Orion 2 satellite
specifically is different since most Internet service
providers (ISPs) and telecommunication carriers route
their Internet traffic across what is commonly referred
to as "dark fiber," or spare capacity on the world's
telecommunications networks.
This approach has left the carriers to choose whether
to route the traffic across satellite or cable connections.
Loral's Web site is at loral.com . NetSat
Express' Web site is at netsatx.net .
Reported by Newsbytes.com,
newsbytes.com .
12:47 CST
(19990520/Press Contact: John McCarthy, Loral
Space & Communications 908-470-2347/WIRES
TELECOM, ONLINE, BUSINESS/)

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