FCC Approves Stratos License Transfer to Inmarsat
January 20, 2009 at 10:46 am | Posted in Space Law | Leave a commentby P.J. Blount with the blog faculty
From Satellite Today:
FCC Approves Stratos License Transfer to Inmarsat
January 20, 2009[Satellite Today 01-20-09] The U.S. Federal Communications Commission (FCC) issued an order approving the transfer of Stratos Global’s FCC licenses to Inmarsat, the operator announced Jan. 19.
In December, Inmarsat announced that its subsidiary, Inmarsat Finance 3, a call option over the Stratos shares, which are held in an irrevocable trust.
The call option can be exercised no earlier than April 15. The exercise of the call option remains subject to certain other governmental approvals, which are expected to be obtained before April. 15, Inmarsat said.
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