SkyTerra in Financial Deals with Hughes? Hughes is on the Terrestar Creditors Committee making big decisions that affect the SkyTerra Parent Company Harbinger Capital Partners. Think that these Decisions are FOR the Best Interest of the Terrestar Shareholders or for Harbinger Capital Partners and Lightsquared ?
March 10th 2010 News Archive - SkyTerra
SkyTerra (OTCBB: SKYT) announced today the roll-out of its new radio software, developed by Hughes, that enables data capability on its MSAT-G2 mobile satellite radio equipment.
The MSAT-G2 radio currently supports push-to-talk, push-to-track and voice communications throughout North America.
In addition to these current features, the new software enables users of the MSAT-G2 radio to perform a variety of data applications including e-mail and text messaging, file transfer, remote monitoring, fleet dispatch and secure voice communications.
“For more than 15 years, SkyTerra has and continues to provide government and enterprise customers with reliable, interoperable satellite services,” said Bryan Hartin, vice president of sales, marketing and customer support for SkyTerra.
“We’ve long been the only North American satellite provider offering push-to-talk capability. Now we’re excited to also offer our customers the ability to send crucial data via satellite over our versatile MSAT-G2 radio. Later in 2010, SkyTerra plans to launch the first of two of the most powerful commercial satellites ever built.
These new satellites will enable the SkyTerra network to continue to support communications in a variety of market segments including public safety, homeland security, transportation and entertainment, by providing a platform for interoperable, user-friendly and feature-rich voice and high-speed data services.”
MSAT-G2 radio equipment in the field can be upgraded with the new data software through authorized SkyTerra Service Providers or Dealers.
SkyTerra Communications, Inc. (OTCBB: SKYT) owns 100% of SkyTerra LP. SkyTerra LP and SkyTerra (Canada), Inc. jointly operate the MSAT satellites and telecommunications network.
About SkyTerra Communications (www.skyterra.com)
SkyTerra Communications (OTCBB: SKYT) delivers mobile wireless voice and data services primarily for public safety, security, fleet management and asset tracking in the U.S. and Canada. The company’s next-generation integrated satellite-terrestrial communications network is expected to provide seamless, transparent and ubiquitous wireless coverage of the United States and Canada to conventional handsets.
When completed, the network will support communications in a variety of market segments, including public safety, homeland security, transportation and entertainment, by providing a platform for interoperable, user-friendly and feature-rich voice and high-speed data services.
Statement under the Private Securities Litigation Reform Act
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to plans described in this news release. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, proposed, potential and similar words.
Such forward-looking statements are subject to uncertainties relating to the ability of SkyTerra and MSV to raise additional capital or consummate a strategic transaction or deploy the next generation system, as well as the ability of SkyTerra to execute its business plan. We assume no obligation to update or supplement such forward-looking statements.
SkyTerra
Media Contact:
Tom Surface
T: 703-390-1579
M: 703-462-3837
tom.surface@skyterra.com "
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