The Terrestar Bankruptcy Proceedings Creating a Mega-Power House Wireless and Mobile Satellite Company.

So Soon Echostar, Dish Network, DBSD, ICO, Craig McCaw - Clearwire, Terrestar and Hughes Communications will all be the Same Company pretty much and then AT&T will Buy this and WaLa you have Competition for Lightsquared.

"EchoStar this week said it plans to purchase Hughes Communications in a deal valued at about $2 billion. EchoStar, the parent of satellite television company Dish Networks, promises to add internet access to their DISH Network satellite tv bundle."

"DISH Network could begin offering HughesNet satellite Broadband after the deal closes later this year. DISH currently lacks broadband services. They typically partner with existing DSL services or use WildBlue, which charges $79.95 for a 1.5-Mbit/s downstream and 256 Kbit/s upstream connection, with a 17 gigabyte monthly download cap. "

HughesNet Satellite Broadband - Hughes Communications AND Echostar they don't have Mobile Satellite Service (MSS) SO this is where the Terrestar Bankruptcy Proceedings Come into Play, and WaLa DISH Network creates a Mega Company and then Will, as said in many places online SELL to AT&T.

"Neither of these satellites provide mobile satellite phone service. A much lower frequency in the Mobile Satellite Service (MSS) is used for that. Geosynchronous satellite phones use the 1.6 GHz band (Lightsquared) and 2 GHz band (ICO/TerreStar).

"Dish Network, the second- largest U.S. satellite-TV provider, agreed to buy bankrupt 2-way satellite provider ICO, now reorganized as DBSD North America, for about $1 billion, reports Bloomberg. The $1 billion includes interest accruing on DBSD’s debt. The transaction is still subject to approval by the FCC and the courts.

Through his companies, Charlie Ergen has built up significant positions in both DBSDand TerreStar Networks, by buying up debt that potentially converts into equity,explains the NY Times. Ergen has been a shrewd investor, acquiring shares of both Terrestar and ICO (DBSD) at a fraction of their value.

According to satellite consultant Tim Farrar, “This creates the opportunity for potential partners to consider using a rival 40MHz block of 2GHz MSS spectrum instead of investing in LightSquared or Clearwire. Now in addition to the Clearwire Spectrum, apparently valued at “up to $2B” for 40MHz of spectrum, we may also have an even more direct comparison of 40MHz of MSS-ATC spectrum also valued at around $2B.”

Source of Quotes in Post Above and Full Article

http://www.dailywireless.org/2011/02/15/echostar-to-buy-hughes/

Smoke and Mirrors Folks, Look Deep On all this. They Need you to Give them a Satellite Subscription - Choose Wisely !!!