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FCC Grants U.S. Market Access to Telesat for Its Global, Low Earth Orbit (LEO) Satellite Constellation – Start of Telesat LEO Service Planned for 2021

LORAL SPACE (LORL)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: loral.com/investors/overview/default.aspx
PDF OTTAWA, Nov. 07, 2017 (GLOBE NEWSWIRE) -- Last week the U.S. Federal Communications Commission (FCC) took bold action toward improving the availability of cost effective, fiber-like connectivity, both in the U.S. and worldwide. In a significant ruling, the FCC granted Telesat’s petition to access the U.S. market using Telesat’s soon to be deployed global LEO satellite constellation. Telesat has obtained worldwide rights to the use of approximately 4 GHz of Ka-band spectrum for its LEO system, which is ideal for high-performing broadband satellite networks. Telesat has a long record of industry firsts that have brought major satellite innovations to market and the company’s LEO constellation will be another achievement that transforms global communications. Telesat’s LEO system will both enable and accelerate the world’s digital transformation by providing high-performing, cost-effective, fiber-like broadband anywhere in the world for business, government and individual users. The [Read more]

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