TerreStar Networks Files For Chapter 11

Reston VA (SPX) Oct 22, 2010 ![][1] TerreStar Corporation has reported that its majority-owned subsidiary TerreStar Networks Inc. and certain other affiliates have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code as part of a strategic plan to strengthen their financial position and achieve long-term success in the mobile satellite services market. Through the restructuring, TerreStar

[1]: http://www.spacedaily.com/images/terrestar-networks-logo-bg.jpg

URL: http://www.spacemart.com/reports/TerreStar_Networks_Files_For_Chapter_11_999.html

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