Rochester, NY 8/18/2009 10:47:00 PM
TerreStar Corporation, TSTR , TerreStar Corp. Reports Operating Results
TerreStar Corporation
TerreStar Networks Inc. a majority owned subsidiary of TerreStar Corporation plans to build own and operate North America’s first integrated mobile satellite and terrestrial communications network which will further provide universal access and tailored applications throughout North America over conventional wireless devices.
TerreStar expects to be the first to offer customer-designed products and applications over a fully optimized fourG IP network. TerreStar Corp. has a market cap of $179.5 million; its shares were traded at around $1.29.
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