Sunday, February 6, 2011

TerreStar Corp. - TERRESTAR NETWORKS INC., Dish Network - Harbinger Capital. Charles Ergen - Philip Falcone

TerreStar Corp., DBSD North America Inc., TERRESTAR NETWORKS INC., DBSD North America Financials,

So Harbinger Capital and Dish Network are going to Bid on assets in the TERRESTAR NETWORKS INC. Bankruptcy? hmmm. .. wonder who will win ??

Got any Inside tips on this Bankruptcy?
Crystal@CrystalCox.com


Coming Soon, Trustees, Bankruptcy Judge, and all the back alley deals of this bankruptcy.

Research Links


Falcone's LightSquared May Bid for TerreStar, DBSD, "
Feb. 4 (Bloomberg) -- Philip Falcone's LightSquared wireless venture is considering bidding on satellite companies TerreStar Corp. and DBSD North America Inc., according to two people with knowledge of the company's plans. Bloomberg's Julie Hyman reports."
http://www.bullfax.com/?q=node-falcones-lightsquared-may-bid-terrestar-dbsd




ICO Global Communications


DBSD North America is a subsidiary of ICO Global Communications. DBSD is currently being restructured, which will result in ICO Global becoming a minority ...


http://online.wsj.com/article/SB10001424052702304898004575556460087350910.html
TerreStar Corp., the mobile communications business trying to launch a far-reaching wireless network using satellite smart-phones, is preparing a possible bankruptcy-protection filing.

http://terrestarinfo.com/pdflib/147_15446.pdf
"UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK"


TerreStar Corp. Sued by Finnish Supplier for $25.8M
http://www.spacenews.com/satellite_telecom/101122-terrestar-sued-supplier.html



Dish Network to Buy Satellite Firm for $1 Billion
Dish Network Corp. agreed to buy satellite company DBSD North America Inc., which is operating under bankruptcy protection, for about $1 billion, as Dish Chief Executive Charles Ergen moves to bulk up his wireless spectrum.

DBSD, a Reston, Va., unit of ICO Global Communications Holdings Ltd., is developing a system that combines both satellite and terrestrial communications capabilities for wireless voice, data and Internet services.

Dish said it will provide a debtor-in-possession credit facility to DBSD that will consist of a term loan of $87.5 million. A hearing on the agreement, which comes after Dish lost an appeal to overturn DBSD's bankruptcy plan, has been set for Feb. 15."

Source and Full Article
http://online.wsj.com/article/SB10001424052748703445904576117913388112574.html



ICO Global Communications - DBSD North America Financials

DBSD North America Financials (formerly ICO North America, Inc.) ...
investor.ico.com/financials-ina.cfm

  • Falcone's LightSquared May Bid for TerreStar, DBSD

    4 (Bloomberg) -- Philip Falcone's LightSquared wireless venture is considering bidding on satellite companies TerreStar Corp. and DBSD North America Inc., ...
    Bloomberg -


  • Hmmm.. Well Guess We Shall See who Controls the FCC Now..
    "The DBSD deal, which also includes interest accruing on DBSD's debt, needs approval from the Federal Communications Commission and is subject to DBSD's emergence from bankruptcy.

    http://online.wsj.com/article/SB10001424052748703445904576117913388112574.html#ixzz1DAJ6ObeU


    This Bankruptcy is a VERY Big Deal - Pay Attention...

    TerreStar is a Big Deal in Satellite Cell Phones, Networks and well this Bankruptcy had better not have the usual bankruptcy corruption or "Monopolies" could Be created in a way that may not be seen by just everyone.. I will be digging deep into the TerreStar bankruptcy Soon..

    Got a Tip?
    Crystal@CrystalCox.com