Exclusive: TerreStar General Counsel Expects ATC Approval Soon; Outlines Financial Outlook

January 2010
Satellite News;1/13/2010, Vol. 33 Issue 2, p1
Market Research Report
The article reports that TerreStar Corp. has cleared the foreign ownership regulatory issue with the U.S. Federal Communications Commission. According to its General Counsul Doug Brandon, the company hopes to get its Ancillary Terrestrial Component (ATC) authorization in future. This would allow it to operate its two-way voice and data service TerreStar-2 satellite under a common carrier license. TerreStar acquired loans for the satellite from EchoStar Corp in February 2008.


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