SkyTerra

SkyTerra (SKYT), formerly Mobile Satellite Ventures (MSV or MSVLP), is a Reston, Virginia company that develops telecommunications systems that integrate satellite and terrestrial radio communication technologies into one system. In March 2010, the company was acquired by Harbinger Capital Partners and under the leadership of CEO Sanjiv Ahuja became part of a new company called LightSquared [1] The company placed its first satellite, SkyTerra-1, in orbit on November 14, 2010.[2]

History

The Corporation was founded in 1988 as American Mobile Satellite Corporation. Its acquisition of ARDIS was completed on March 31, 1998. On April 24, 2000, the company changed its name to Motient Corporation, with its stock traded on the NASDAQ National Market under the symbol "MTNT".[3] MSV was formed by the integration of the spun-off satellite operations of Motient and TMI Communications and Company, L.P., a wholly owned subsidiary of BCE Inc. of Canada.[4] The new company has operations in both America and Canada, providing service to both countries and the Caribbean. MSV changed its name to SkyTerra in December 2008.[5] The company was traded Over-the-Counter and was listed on the OTCBB: SKYT. SkyTerra (formerly ‘Mobile Satellite Ventures’) [6] was the first company to receive a Federal Communications Commission license to deploy Ancillary Terrestrial Component (ATC) technology.[7]

In 2005, SkyTerra purchased 50% of Hughes Network Solutions, a subsidiary of the News Corp.-owned DirecTV Group, for $157.4 million, which SkyTerra held under its subsidiary Hughes Communications.[8][9] In January 2006, DirecTV sold its remaining 50% share in Hughes Network Solutions to SkyTerra for $100 million.[10] Hughes Communications was spun off as a separate company in February 2006, with SkyTerra divesting its entire stake in the company to its shareholders.[11]

TerreStar Corporation, formerly Motient Corporation, was the controlling shareholder of TerreStar Networks Inc. and TerreStar Global Ltd., and a shareholder of SkyTerra Communications.[12]

SkyTerra Communications Inc was acquired by Harbinger Capital Partners on March 29, 2010, for $5.00 per share and became part of LightSquared in July 2010.[13]

AMSC initially provided GEO based satellite services based on its MSAT satellite.

MSV satellite telephony

Most of their current products and services are aimed at emergency services, law enforcement, and companies that specialize in transportation. However, MSV and Boeing are developing a satellite telephony network for consumers.

The use of Boeing's GeoMobile platform will allow for coverage of the entire United States with a single satellite. This new approach to satellite telephony has already been validated with the Thuraya network. MSV's satellite will use an even bigger antenna than the Thuraya spacecraft (at 22 meters in diameter, it will be the largest commercial reflector dish ever used in space),[14] allowing it to communicate with phones no larger than modern cell phones because the large antenna gain allows the handset to operate at a power output comparable to regular cell phones. This is now possible since the Federal Communications Commission (FCC) allowed satellite operators to create terrestrial cellular networks using spectrum previously restricted to satellite use,[15][16][17] which means that phones can be compatible with both the upcoming MSV satellite phone network and local cellular networks, allowing a user to communicate over the regular cellular network, and only rely on the satellites in areas outside the range of cell towers. MSV has earned patents for this set-up.[18] It will be useful in sparsely populated areas where the construction of cell towers is not cost-effective, as well as to emergency-response services which must remain operational even when the local cellular network is out of service.

Satellites

The SkyTerra space segment consists of the MSAT geostationary satellites MSAT-1 and MSAT-2.[19]

The SkyTerra1 satellite, a 5,400 kg Boeing 702, was successfully launched from Baikonur Cosmodrome on November 14, 2010 by an ILS Proton-M booster. Expected service life of the satellite is 15 years.[20]

The SkyTerra2 satellite is scheduled for delivery in 2012.

See also

References

  1. http://www.betanews.com/article/Huge-Hybrid-satelliteLTE-network-launches-under-the-name-LightSquared/1279636429
  2. http://satellite.tmcnet.com/topics/satellite/articles/117741-lightsquared-gets-skyterra-1-satellite-into-orbit.htm
  3. http://www.sec.gov/Archives/edgar/data/913665/000091366500000009/0000913665-00-000009.txt
  4. http://www.thefreelibrary.com/Motient+Announces+New+Funding+for+Mobile+Satellite+Ventures...-a079120621
  5. http://apps.fcc.gov/ecfs/document/view?id=6520193285
  6. http://www.skyterra.com/docs/NameChangeNotice.pdf
  7. http://www.fcc.gov/ib/sd/ssr/atc.html
  8. "2005 Form 10-K, The DirecTV Group, Inc.". U.S. Securities and Exchange Commission. March 10, 2006.
  9. "SkyTerra Communications Acquires Remaining Interest in Hughes Network Systems LLC from The DIRECTV Group". The DirecTV Group, Inc. January 3, 2006.
  10. "SkyTerra Communications Acquires Remaining Interest in Hughes Network Systems LLC from The DIRECTV Group". SkyTerra Communications, Inc. January 3, 2006.
  11. "The Hughes Communications/SkyTerra Separation". Wikinvest. March 29, 2006.
  12. http://www.streetinsider.com/Corporate+News/TerreStar+(TSTR)+Sells+Remaining+Shares+in+SkyTerra+for+$123M/3995140.html
  13. http://www.sec.gov/Archives/edgar/data/756502/000119312510070107/d8k.htm
  14. http://www.skyterra.com/media/press-releases-view.cfm?id=233&yr=2010
  15. Drucker, Jesse (February 9, 2006). "As Satellite Firms Move to Add Cellular Service, Critics Cry Foul". The Wall Street Journal.
  16. MSV Moving Ahead With Second-Generation System Plans
  17. OnTheCommons.org | The Looting Continues
  18. patents
  19. http://www.skyterra.com/network/network.cfm
  20. Chris Bergin (2010). ILS Proton-M launches with SkyTerra 1 satellite. NASASpaceFlight.com. Retrieved November 14, 2010.

External links

This article is issued from Wikipedia - version of the Thursday, March 24, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.