The FCC authorized Loral to transfer control of space and earth s...
The FCC authorized Loral to transfer control of space and earth station licenses held by subsidiaries Loral Orion, Loral SpaceCom and Loral Skynet to “New Loral.” The Commission said the transfer benefits the public by: (1) Allowing Old Loral…
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to emerge from bankruptcy and facilitating use of its assets. (2) Infusing capital into and stimulating investment in the Loral satellite system. (3) Fostering FSS market competition. The FCC dismissed a CyberStar application to assign its space station authorizations to Loral CyberStar.