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  • DISH Network Statement On Canadian Approval Of TerreStar License Transfer

7th February 2012

DISH Network Statement On Canadian Approval Of TerreStar License Transfer

mini-orbyDISH Network Corporation issued the following statement today regarding Canadian approval of the TerreStar license transfer request:

“DISH is pleased to announce that Industry Canada has approved the transfer of the Canadian spectrum licenses held by TerreStar to DISH. In granting its approval, Industry Canada reached the conclusion that the transfer would be in the public interest in light of ‘the capacity that would be available in Canada,’ among other reasons.

U.S. bankruptcy courts approved DISH’s acquisition of the spectrum licenses held by TerreStar and DBSD in the middle of 2011.

DISH is prepared to immediately close both transactions upon receiving Federal Communications Commission approval of the transactions and associated waiver requests, which will enable DISH to move forward with its planned wireless initiatives.

DISH believes that immediate Commission approval will be a win for consumers, competition, infrastructure investment, and American jobs.”

This entry was posted on Tuesday, February 7th, 2012 at 11:38 am and is filed under Business News, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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