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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: Mazman who wrote (4854)	11/9/1998 3:31:00 PM
From: Mazman	Respond to of 10852

Not welcome news.. Globalstar Launch Delayed Wired News Report 9:05 a.m. 9.Nov.98.PST A satellite industry trade newspaper reports that a plan to launch 24 Globalstar satellites aboard six Russian Soyuz rockets later this month could be held up by a delay in an agreement between the two countries. The snag, reported in Space News, centers around friction between Russian military officials and company executives. The Russians are demanding the right to inspect American satellites before they are launched from Baikonur, an active military base. Company officials at Globalstar were unavailable for comment. Globalstar is a low-earth-orbiting (LEO) satellite-based digital telecommunications system that backers hope will offer wireless telephone and other telecommunications services worldwide beginning in late 1998. On 10 September, the company lost 12 satellites in a single rocket explosion at the same Russian base in Baikonur. The Globalstar project aims to provide low cost, high quality telephony and other digital telecommunications services such as data transmission, paging, facsimile, and position location to areas that are not served by existing wireline and cellular telecommunications systems. The Space News article said that the US government has stopped approving US satellite launches aboard Russian rockets until a new agreement is signed. The dispute could hold up the planned launch of 24 rockets. Led by Loral Space & Communications, Globalstar is a partnership of telecommunications service providers and equipment manufacturers, and includes Qualcomm, AirTouch Communications, Alcatel, Alenia, DACOM, Daimler-Benz Aerospace, Elsag Bailey, France Telecom, Hyundai, Space Systems/Loral, and Vodafone. wired.com

To: Mazman who wrote (4854)	11/9/1998 3:33:00 PM
From: M.Welf	Respond to of 10852

Globalstar Launch Delayed Wired News Report 9:05 a.m. 9.Nov.98.PST A satellite industry trade newspaper reports that a plan to launch 24 Globalstar satellites aboard six Russian Soyuz rockets later this month could be held up by a delay in an agreement between the two countries. The snag, reported in Space News, centers around friction between Russian military officials and company executives. The Russians are demanding the right to inspect American satellites before they are launched from Baikonur, an active military base. Company officials at Globalstar were unavailable for comment. Globalstar is a low-earth-orbiting (LEO) satellite-based digital telecommunications system that backers hope will offer wireless telephone and other telecommunications services worldwide beginning in late 1998. On 10 September, the company lost 12 satellites in a single rocket explosion at the same Russian base in Baikonur. The Globalstar project aims to provide low cost, high quality telephony and other digital telecommunications services such as data transmission, paging, facsimile, and position location to areas that are not served by existing wireline and cellular telecommunications systems. The Space News article said that the US government has stopped approving US satellite launches aboard Russian rockets until a new agreement is signed. The dispute could hold up the planned launch of 24 rockets. Led by Loral Space & Communications, Globalstar is a partnership of telecommunications service providers and equipment manufacturers, and includes Qualcomm, AirTouch Communications, Alcatel, Alenia, DACOM, Daimler-Benz Aerospace, Elsag Bailey, France Telecom, Hyundai, Space Systems/Loral, and Vodafone