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Loral Wins Action Against Cablevision Subsidiary
New York NY (SPX) Jan 30, 2007 Loral Space and Communications has won a jury verdict in the Supreme Court for the State of New York in its contract action against Rainbow DBS Holdings, a subsidiary of Cablevision Systems Corporation. The unanimous verdict will result in a judgment of approximately $51 million to Loral. Loral Space and Communications is a satellite communications company. It owns and operates a fleet of telecommunications satellites used to broadcast video entertainment programming, distribute broadband data, and provide access to Internet services and other value-added communications services. Loral also is a world-class leader in the design and manufacture of satellites and satellite systems for commercial and government applications including direct-to-home television, broadband communications, wireless telephony, weather monitoring and air traffic management. For more information, visit Loral's web site at Related Links Loral The latest information about the Commercial Satellite Industry Space Systems Loral Wins Contract To Build Direct Broadcast Satellite For EchoStar Palo Alto CA (SPX) Jan 25, 2007 Space Systems/Loral (SS/L)has announced that it has been awarded a contract to manufacture a new direct broadcast satellite (DBS) for EchoStar Orbital Corporation II, a subsidiary of EchoStar Communications. EchoStar XIV will provide expanded services and flexibility for DISH Network's more than 13 million direct-to-home (DTH) television subscribers. |
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