DALLAS, Oct. 1, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring TerreStar Corp. (Nasdaq:TSTR). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on TerreStar Corp. (Nasdaq:TSTR) should be of particular interest to other satellite communication companies: Globalstar Inc. (Nasdaq:GSAT), ICO Global Communications (Nasdaq:ICOG) and SkyTerra Communications Inc. (OTCBB:SKYT).
It is available at: http://www.beaconequity.com/i/TSTR
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TerreStar Corp. (TSTR) operates several subsidiaries engaged in the integrated satellite wireless communications business with the intent to offer 3G terrestrial mobile Internet protocol service. The Company expects to provide voice, data and video communications as a next generation mobile communications service throughout North America. The Company's TerreStar Global Ltd. subsidiary intends to offer Pan-European integrated mobile satellite service and 3G terrestrial communications to facilitate emergency communications and rural Internet protocol connectivity.
In the report, the analyst notes:
"With the successful deployment of TerreStar-1 satellite on July 1, 2009, the Company enters into the first step of a truly integrated satellite and 3G terrestrial communications network to service North America. The value of this service to commercial enterprises and government agencies is profound. Seamless communications to facilitate mobile communications devices offers convenience and critical communications to business and emergency personnel anywhere in the United States, Canada, Puerto Rico and the U.S. Virgin Islands.
"The Company is in the process of manufacturing TerreStar-2, a second satellite intended to serve as a ground spare, and will be made identical to TerreStar-1. Delivery of TerreStar-2 is expected in 2009, and will be launched by Arianspace of Evry, France..."
To read the entire report visit: http://www.beaconequity.com/i/TSTR
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