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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?

To: zbyslaw owczarczyk who wrote (2814)	12/5/2000 11:23:32 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 3891

NEW YORK--(BUSINESS WIRE)--Dec. 5, 2000--EuropeStar, a joint venture between Loral Space & Communications (NYSE:LOR) and Alcatel Space, has been selected to provide two European telecommunications companies with satellite transponder capacity for advanced broadband Internet services. Communications and Banking Equipment S.A. of Luxembourg (CBL) has leased two transponders on the EuropeStar 1 satellite to launch its new StarSpeeder service, which will deliver broadband Internet and IP streaming services to business-to-business and business-to-consumer markets within Europe and the Middle East. CBL will also offer direct video broadcast/Internet protocol (DVB/IP) platform, uplink and managed data services to these regions. In a separate agreement, Polish Phonesat, a wholly owned subsidiary of Elektrim S.A. of Poland, has leased three satellite transponders from EuropeStar to deliver broadband Internet backbone connectivity and local distribution services to customers in Poland. In addition, Polish Phonesat will use this transponder capacity to directly connect remote ISPs who currently have limited or no access to local terrestrial fiber or cable, and the company may also use the transponders for future VSAT applications within Poland. EuropeStar currently operates two satellites serving Europe, the Middle East, southern Africa, the Indian subcontinent, and southeast Asia. EuropeStar 1 is a powerful inter-regional geostationary satellite which was launched in October 2000 into its current slot at 45 East. Its 30 Ku-band transponders provide connectivity suitable for broadband, broadcast-mode delivery of IP and digital TV content. EuropeStar B, located at 47.5 East, offers high powered, focused Ku-band coverage within Europe, suitable for point-to-point connections such as Internet 'backbone' circuits, occasional use TV and telephony. CBL will be using capacity on EuropeStar 1, while Polish Phonesat has contracted for capacity to be split across both EuropeStar 1 and EuropeStar B. About EuropeStar EuropeStar is a new satellite owner-operator headquartered in London. It provides local support and presence within its diverse regions. By operating offices in New Delhi, India and in Cape Town, South Africa. A Satellite control center is in Toulouse, France, with backup facilities in Rambouillet, France and Hawley, Pa. EuropeStar is also a member of the Loral Global Alliance. For more information, visit www.europestar.com About Alcatel Space An affiliate of Alcatel (51%) and Thomson-CSF (49%), Alcatel Space generated a 1999 turnover of 9.3 billion francs (1.4 billion Euros) and employs 5,500 people. Alcatel Space has partners around the world, subsidiaries throughout Europe, and a strong commitment to R&D. Alcatel Space plays an important role - as prime contractor, operator, investor, or service provider - in many ongoing space programs for telecommunications, navigations, optical and radar observation, meteorology, and sciences. For more information visit www.alcatel.com/space About Loral Space & Communications Loral Space & Communications is a high technology company that concentrates primarily on satellite manufacturing and satellite-based services, including 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 www.loral.com.