TerreStar Europe Qualifies for European Commission Selection and Authorisation Process for Pan-European 2GHz MSS S-Band Spectru
LONDON--([ BUSINESS WIRE ])--TerreStar Europe Limited, a European mobile communications company and an indirect, majority-owned subsidiary of TerreStar Corporation (NASDAQ:TSTR), today announced that its application with the European Commission (EC) for a Pan-European 2GHz MSS S-band spectrum authorisation has been accepted and fulfils the Commission's admissibility requirements.
Further, TerreStar Europe has been advised by the manufacturer of its TS-Europe satellite, Space Systems Loral (SS/L) that SS/L is confident it will be able to meet the EC's Critical Design Review (CDR) certification milestone requirement by February 7, 2009.
TerreStar Europe plans to create a pan-European integrated satellite and complementary ground component network that is designed to provide wholesale mobile voice, data and video services across a reliable and secure satellite-terrestrial mobile broadband network to government, emergency responders, enterprises and consumers interested in ubiquitous connectivity across urban, rural and remote regions of Europe.
The TerreStar satellite-terrestrial wireless broadband network can allow customers to operate using a conventional-sized mobile device capable of communicating over both traditional land-based wireless networks and the satellite network. TerreStar plans to provide multiple communications applications including voice, data, and video services.
About TerreStar Europe Limited
TerreStar Europe Limited, an indirect, majority-owned subsidiary of TerreStar Corporation (NASDAQ:TSTR), plans to develop the first next-generation mobile satellite integrated with terrestrial communications networks that will provide universal access and tailored applications throughout Europe over conventionally-sized wireless devices.
About TerreStar Corporation
TerreStar Corporation is the controlling shareholder of TerreStar Networks Inc. and TerreStar Global Ltd. For additional information on TerreStar Corporation, please visit the company's website at [ www.terrestarcorp.com ].
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This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the strategy of TerreStar Corporation, its plans, and the transactions described in this press release. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, proposed, potential and similar words and terms in connection with future results. We assume no obligation to update or supplement such forward-looking statements.