Thursday June 10, 2:41 pm Eastern Time
Company Press Release
CBS Broadcasting to Call Loral Skynet's Telstar Satellite Fleet 'Home'
Another leading broadcaster joins Loral Skynet's broadcast and syndication neighborhood over North America
BEDMINSTER, N.J.--(BUSINESS WIRE)--June 10, 1999-- Loral Skynet today announced that CBS Broadcasting, the television programming arm of CBS Corp. (NYSE: CBS - news), has signed an agreement and is now distributing its entire North American program distribution services on Loral Skynet's Telstar satellite fleet.
''Loral Skynet's industry-renowned broadcast and syndication neighborhood on Telstar 4, 5 and 6 now welcomes CBS to its family,'' said Terry Hart, president, Loral Skynet. ''Adding CBS to the Telstar broadcast neighborhood, already anchored by ABC and FOX, firmly establishes Loral Skynet as the leading provider of satellite broadcast services for North America.''
CBS will use a total of seven C-band transponders on Telstar 6 and three C-band transponders on Telstar 4 to distribute its network programming feeds, including the entire CBS Sports(tm) NFL schedule, to its more than 200 affiliates across North America.
CBS will also use two Ku-band transponders on Loral Skynet's Telstar 6 satellite for its Newspath(tm) satellite news gathering service. CBS Newspath provides CBS affiliates, CBS News broadcasters and CBS News overseas partners with live and breaking news feeds from fixed and mobile locations throughout North America.
''We are extremely pleased that CBS has entrusted Loral Skynet with its network programming distribution on our Telstar satellite fleet. Loral Skynet continues to be committed to providing all of our broadcasting customers with the highest degree of customer service and technical expertise in the satellite industry,'' said Mr. Hart.
Loral Skynet's Telstar 6 satellite, manufactured by Space Systems/Loral and placed in service at 93 degrees W.L. in March 1999, carries a total of 52 transponders -- 24 at C-band and 28 at Ku-band. Telstar 4, placed in-service November 1995 at 89 degrees W.L., is equipped with 24 C-band and 24 Ku-band transponders. Both satellites provide coverage of the continental United States, Hawaii, Alaska, Puerto Rico and the U. S. Virgin Islands.
Loral Skynet's 1999 launch schedule includes the launches of Telstar 7 and Orion 2. Telstar 7, scheduled for a third quarter launch, will host a strong North American cable neighborhood at its 129(degree) W.L. orbital location. Orion 2, scheduled for launch in late -1999 to 12(degree) W.L., will expand Loral Skynet's coverage into Latin America, Russia and the Middle East.
Loral Skynet of Bedminster, N.J., a subsidiary of Loral Space & Communications, is a leading satellite communications services provider that operates the Telstar and Orion satellite fleets. Loral Skynet's Telstar satellites provide C-band and Ku-band coverage over the continental United States, Hawaii, Alaska, Puerto Rico and the U.S. Virgin Islands and trans-Atlantic coverage through the Orion 1 satellite. Customers lease transponder capacity to distribute network television programming, to collect live video feeds for the reporting of news and events, and to offer direct-to-home and pay-per-view programming, distance learning, educational, and other business television services. Loral Skynet also provides technical consulting, as well as tracking, telemetry, and control of satellite fleets for a wide variety of customers. For more information, visit Loral Skynet's web site at loralskynet.com.
Loral Skynet leads the Loral Global Alliance, which offers its customers the advantages of a worldwide network of satellite capacity currently on the North American Telstar fleet, the trans-Atlantic Orion 1 satellite, on the three-satellite Satelites Mexicanos, S.A. de C.V. (SatMex) fleet, as well as on future Europe*Star satellites. Each Alliance member provides global satellite solutions, while focusing on the local and inter-regional needs within its coverage regions.
Loral Space & Communications is a high technology company that primarily concentrates on satellite manufacturing and satellite-based services, including broadcast transponder leasing and value added services, domestic and international corporate data networks, global wireless telephony, broadband data transmission and content services, Internet services and international direct-to-home satellite services. For more information, visit Loral's web site at loral.com |
