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


To: Jeff Vayda who wrote (5350)2/15/1999 11:54:00 AM
From: Snake  Read Replies (1) | Respond to of 10852
 
Any comments on Brazillian auctions and what it would mean to Loral...

Three Firms Bid on Slots Auctioned by Brazil

Bidding for two Brazilian orbital slots are Loral Skynet,
Telesat Canada and America Star Telecomunicacoes S.A.

Anatel, the Brazilian telecommunications authority, will
open each company's sealed bid March 16. The
government's rules for the auction require each bid to be at
least 1.85 million reals ($989,300).