Inmarsat said it welcomed news that President Bush had signed leg...
Inmarsat said it welcomed news that President Bush had signed legislation extending Orbit Act deadline for its IPO. New deadline is Dec. 31, 2002, but FCC has authority to further extend it to June 30, 2003. Inmarsat Pres. Michael…
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Storey said company was pleased its partners could compete fairly and evenly in mainland U.S. market since Congress had recognized it as private entity. As former intergovernmental organization, Inmarsat was restricted from conducting business in mainland U.S. except in coastal waters and in skies overhead under Orbit Act of 2000.