PanAmSat Prepares for Historic Launch; PAS-1R Arrives in French Guiana for Mid-November Lift Off.Business Editors GREENWICH, Conn.--(BUSINESS WIRE)--Oct. 12, 2000 Company's Latest Atlantic Ocean Atlantic Ocean [Lat.,=of Atlas], second largest ocean (c.31,800,000 sq mi/82,362,000 sq km; c.36,000,000 sq mi/93,240,000 sq km with marginal seas). Physical Geography Extent and Seas Region Spacecraft To Debut With More Than A Dozen Premier Video, Data And Internet Customers PanAmSat Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SPOT) today announced that the company's latest spacecraft, the PAS-1R Atlantic Ocean Region satellite, has arrived in Kourou, French Guiana French Guiana (gēăn`ə, –än`–), Fr. La Guyane française, officially Department of Guiana, French overseas department (2005 est. pop. in preparation for its historic liftoff in mid November. The deployment of PAS-1R marks a major milestone for PanAmSat as it replaces PAS-1, the communications satellite communications satellite artificial satellite that functions as part of a global radio-communications network. Echo 1, the first communications satellite, launched in 1960, was an instrumented inflatable sphere that passively reflected radio signals back to placed in orbit 12 years ago to launch the multi-billion dollar commercial international satellite communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. . Before the launch of PAS-1 in June 1988, international satellite communications services were controlled by a global government-run satellite monopoly. PAS-1R, when launched from the Guiana Space Center on November 14, will support PanAmSat customers with a range of powerful new transponders that will deliver video, data and Internet services to the Americas, Europe and Africa. PAS-1R will become PanAmSat's 22nd spacecraft worldwide. The advanced PAS-1R satellite will be capable of delivering dozens of cable television channels throughout Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. as well as broadcasting billions of bits of digital video and data throughout the Americas, Europe and Africa. The spacecraft will also support PanAmSat's current and future Internet initiatives in those regions, delivering broadband U.S. backbone access to rural and remote areas and broadcasting Internet content to potentially thousands of locations simultaneously. "PanAmSat continues to raise the standard in the delivery of communications services with the deployment of PAS-1R, which will be one of the world's most powerful commercial geostationary Aligned with the earth. Refers to satellites (GEOs) that travel at the same rotational speed as the earth (they are geosynchronous) and are always the same distance from the earth. See GEO. communications satellite ever," said R. Douglas Kahn, PanAmSat's president and chief executive officer. "The launch of PAS-1R will build on our pioneering legacy and rich history to solidify PanAmSat's promising future, enabling the company to continue to take advantage of exciting new opportunities in numerous markets." Upon service commencement, PAS-1R will debut with a diverse customer lineup, showcasing its ability to deliver a broad range of services throughout Latin America for video, direct-to-home, telecommunications and Internet customers. Among the customer lineup are ImpSat, Cisneros Television Group, Telefonica Mundo, Telefonica Data Colombia, Rey Moreno, Citibank, Reuters, Zona Franca Montevideo, Latinet, Suratel, Vitacom and Galaxy Latin America. PanAmSat is a leading provider of global video and data broadcasting services via satellite. The company builds, owns and operates networks that deliver entertainment and information to cable television systems, TV broadcast affiliates, direct-to-home TV operators, Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , telecommunications companies See telecom company. and corporations. With 21 spacecraft in orbit today, PanAmSat has the world's largest commercial geostationary satellite network. The company will expand its global fleet to 24 spacecraft by mid-2001. For more information on PanAmSat, visit the company's web site at http://www.panamsat.com. |
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