TerreStar Enhances Nationwide Spectrum Footprint

SPACEMART

TerreStar has purchased EchoStar's 1.4 GHz spectrum, in exchange for the issuance of 30 million shares of TerreStar's Common Stock.

by Staff Writers
Reston VA (SPX) Jun 13, 2008
TerreStar has announced that it has enhanced its nationwide spectrum footprint by obtaining, through separate transactions, certain 1.4 GHz spectrum licenses held by EchoStar and CCTV Wireless I (CCTV).

TerreStar has acquired the CCTV 1.4 GHz spectrum pursuant to an assignment from Harbinger Capital Partners Master Fund I and Harbinger Capital Partners Special Situations Fund, LP (collectively, Harbinger).

"This enhanced nationwide spectrum footprint can help TerreStar accomplish its mission to offer reliable, interoperable satellite-terrestrial communications for the commercial, government, rural and public safety sectors throughout North America," stated Jeffrey Epstein, TerreStar President.

TerreStar has purchased EchoStar's 1.4 GHz spectrum, in exchange for the issuance of 30 million shares of TerreStar's Common Stock.

In exchange for 1.2 million shares of newly issued, Non-Voting Junior Participating Preferred Stock (which is convertible into 30 million shares of TerreStar's Common Stock under certain circumstances), Harbinger has assigned its rights to certain 1.4 GHz spectrum licenses to TerreStar Corporation.

"In addition to augmenting our nationwide spectrum footprint, these transactions underscore EchoStar and Harbinger's commitment to TerreStar," added Epstein.

"Further, we continue our discussions with EchoStar to identify new business opportunities between the two companies."

Memory Foam Mattress Review

SPACE MEDIA NETWORK PROMOTIONS
Solar Energy Solutions
Tempur-Pedic Mattress Comparison ...

Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

SPACEMART

MSV Provides Satellite Communications For USA Earthquake Preparedness And Safety

Reston VA (SPX) Jun 13, 2008
Mobile Satellite Ventures (MSV) has announced that it has joined with the Central United States Earthquake Consortium (CUSEC) to form a new satellite mutual aid radio talkgroup (SMART) dedicated to the preparation for and response to earthquakes throughout the central United States.

INTERNET SPACE Ships Face Loss Of Broadband Cover Analysis: Crackdown on domain name crooks Pacific students lagging in computer age: researcher Icahn moves to replace Yahoo board, restart Microsoft talks	LAUNCH PAD Ariane 5 Lofts Twin Birds For European Defense And Turkish TV OSTM-Jason 2 Satellite Ready For June 20 Launch From California Ariane 5 Is Poised For Liftoff With Skynet 5C And Turksat 3A Orbital Sciences To Operate Taurus II From Wallops
AEROSPACE The Tu-144: The Future That Never Was China's new jumbo-jet firm no threat to Airbus, Boeing: state media China unveils new jumbo jet company: report NASA And JAXA To Conduct Joint Research On Sonic Boom Modeling	MILITARY COMMUNICATIONS Northrop Grumman And DHS Systems Receive Contract For Mobile Command Posts LockMart Completes Major Hardware Integration Milestone On Second Advanced EHF Satellite Lockheed Martin To Upgrade Battle Management System For USAF Harris To Supply Navy Broadband Satellite Terminals
TECH SPACE Students Prepare For Dust Up In Space Microsoft Surface computers hit Las Vegas party scene Measuring How Much Information There Is In The World Paralysed man takes a walk in virtual world	APPOINTMENTS Globalstar AppointS Thomas Colby Chief Operating Officer SES AMERICOM Announces Change In Executive Management Bill Flynn Joins Americom Government Services to Lead Navy Programs NASA names science directorate deputy
EARTH OBSERVATION NMSU Uses Information Collected In Space To Help Those On The Ground Aster Images Sichuan Earthquake In China Japanese astronaut says Earth is 'beautiful' EarthCARE Earthcare Satellite Contract Signed	GPS NEWS Broadcom Found Not To Infringe SiRF Patents In ITC Ruling Pep Boys Has The Gifts Dads Want This Father's Day Navigating Ireland Gets Easier NavCom Expands StarFire System And Extends RTK Capabilities

The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement