TerreStar Announces Nationwide Roaming Agreement with AT&T
August 01 2008 - 9:00AM
Business Wire
TerreStar Corporation (NASDAQ:TSTR) and its majority-owned
subsidiary TerreStar Networks Inc. today announced that TerreStar
Networks has signed a nationwide reciprocal roaming agreement with
AT&T. TerreStar is developing an all-IP integrated
satellite-terrestrial communications network and plans to offer
services to commercial, government, rural and public safety sectors
throughout North America. Satellite communications can offer these
sectors enhanced disaster preparedness and emergency response
capabilities by providing reliable communications should a natural
or manmade incident affect the availability of a terrestrial
network. TerreStar expects to launch its TerreStar-1 satellite in
the second quarter of 2009 and complete final testing soon
thereafter. Initial TerreStar-enabled handsets will be standard
size Windows Mobile enabled PDAs with full QWERTY keyboard,
touchscreen and multi-band capability. About TerreStar Corporation
TerreStar Corporation is the controlling shareholder of TerreStar
Networks Inc. and TerreStar Global Ltd., and a shareholder of
SkyTerra Communications. For additional information on TerreStar
Corporation, please visit the company's website at
www.terrestarcorp.com. About TerreStar Networks Inc. TerreStar
(www.terrestar.com), a majority-owned subsidiary of TerreStar
Corporation (NASDAQ:TSTR), plans to build, own and operate North
America's first 4G integrated mobile satellite and terrestrial
communications network that will provide universal access and
tailored applications throughout North America over conventional
wireless devices. TerreStar expects to be the first to offer
customer-designed products and applications over a fully optimized
4G IP network. Statement under the Private Securities Litigation
Reform Act: This press release may contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act, with respect to the strategy of TerreStar Corporation,
its plans, and the transactions described in this press release.
Such statements generally include words such as could, can,
anticipate, believe, expect, seek, pursue, proposed, potential and
similar words and terms in connection with future results. We
assume no obligation to update or supplement such forward-looking
statements.
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