Technology Stocks: TerreStar Corporation
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Moderated By: kphone -- (Not Moderated) -- Started: 7/1/2009 5:51:44 PM  Revision History

Launched their first bird today 7/01/09

terrestar.com 

TerreStar Corporation, formerly Motient Corporation, is the controlling shareholder of TerreStar Networks Inc. and TerreStar Global Ltd., and a shareholder of SkyTerra Communications. TerreStar is based in Reston, VA, and plans to build, own and operate North America's first next generation integrated mobile satellite and terrestrial communications network that will provide universal access and tailored applications throughout North America over conventional commercial wireless devices. With a first-to-market launch strategy in 2008, TerreStar expects to offer customer-designed products and applications over a fully optimized 4G IP network. For more information on TerreStar Networks visit www.terrestar.com.
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1The Financials look atrocious! 1.2 Billion in debt with ~400 million in Preferrpcstel-07/05/2009 12:45 PM
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