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Profile: Loral Space & Communications Inc (LORL.OQ)

LORL.OQ on NASDAQ Stock Exchange Global Select Market

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Loral Space & Communications Inc., incorporated on June 24, 2005, together with its subsidiaries, is a satellite communications company. The Company, through its ownership interests in affiliates, is engaged in satellite-based communications services. The Company participates in satellite services operations through its interest in Telesat Holdings Inc. (Telesat Holdco), which owns Telesat Canada (Telesat), a global fixed satellite services (FSS) operator, with offices and facilities around the world. Telesat offers various services, such as Broadcast, Enterprise, and Consulting and Other. Telesat owns and leases a satellite fleet that operates in geosynchronous earth orbit approximately 22,000 miles above the equator. The Company also holds interest in XTAR, LLC (XTAR), a joint venture between Loral and Hisdesat Servicios Estrategicos S.A. (Hisdesat). XTAR owns and operates an X-band satellite.

Broadcast

Telesat's broadcast services business include direct to home (DTH) services; video distribution and contribution, and occasional use services. DTH consists of both Canadian DTH service providers (Bell TV and Shaw Direct) use Telesat's satellites as a distribution platform for their services, delivering television programming, audio and information channels directly to customers' homes. In addition, Telesat's satellites are used by EchoStar/DISH Network for DTH services in the United States. Video distribution and contribution consists of broadcasters, cable networks and DTH service providers use Telesat satellites for the full-time transmission of television programming. Additionally, Telesat provides certain broadcasters and DTH service providers bundled services that include satellite capacity, digital encoding of video channels, authorization services and uplinking and downlinking services to and from Telesat satellites and earth station facilities. Occasional use services consist of satellite transmission services for the timely broadcast of video news, sports and live event coverage on a short-term basis enabling broadcasters to conduct on-the-scene transmissions using small, portable antennas.

Enterprise

Telesat's enterprise services include telecommunication carrier and integrator services; government services; two-way Internet services; resource services; maritime and aeronautical services; retail services, and satellite operator services. Telesat provides satellite capacity and end-to-end services for data and voice transmission to telecommunications carriers and integrators located throughout the world. These services include connectivity and voice circuits to remote locations in Canada for customers, such as Bell Canada and Northweste, and space segment services and terrestrial facilities for Internet backhaul, cellular backhaul and services, such as rural telephone and Internet access to telecommunications carriers and network services integrators around the world. Telesat is also a provider of satellite services to the Canadian Government, providing a range of services from a maritime network for a Canadian Government entity to satellite services to the Department of National Defence. Telesat provides Ka-band satellite capacity to Xplornet Communications Inc. and other resellers in Canada who use it to provide two-way broadband Internet services in Canada. Telesat also provides Ka-band satellite capacity to ViaSat/WildBlue, which uses it to provide similar services in the United States. Telesat provides communications services to geographically diverse locations, both on and off shore, for the oil and gas and mining industries. Telesat is providing satellite capacity to customers serving the maritime and aeronautical markets bringing communications services to commercial airplanes and vessels, including cruise and working ships. Telesat operates very small aperture terminal (VSAT) and hybrid VSAT/terrestrial networks in Canada providing end-to-end services, including installation and maintenance of the end user terminal, maintenance of the VSAT hub and provision of satellite capacity. These networks include the support of point-of-sale and other applications at thousands of retail petroleum sites. Telesat provides services to other satellite operators in the form of partial channel satellite capacity, transponder satellite capacity and, on occasion, the relocation and use of an entire satellite at a designated orbital location.

Consulting and Other

Telesat is a consultant in establishing, operating and upgrading satellite systems around the world, which provides services to businesses and governments in over 40 countries across six continents. Telesat's international consulting business provides satellite-related services in approximately 20 countries.

The Company competes with Intelsat S.A., SES S.A., Eutelsat S.A., Inmarsat, O3b, Ciel, ViaSat/WildBlue, HNS/EchoStar, Hispasat, Arabsat, Nilesat, Hellas Sat, RSCC, Yahsat, Turksat, Spacecom, AsiaSat, Measat, Thaicom, APT, PT Telkom, Optus, Asia Broadcast Satellite, Star One, Arsat and Hispamar.

Company Address

Loral Space & Communications Inc

565 5th Ave
NEW YORK   NY   10017-2413
P: +1212.6971105
F: +1302.6555049

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