FCC Grants New Skies Access to U.S. Market

New Skies Satellites NV has received final authorization from U.S. Federal Communications Commission (FCC) to operate in the United States. The comapny had been facing an August 2002 deadline to meet certain conditions for access to the U.S. market or risk being expelled. The key condition was a dilution of New Skies’ shareholdings inherited from Intelsat, which occurred through a stock issue in October 2000. New Skies has access to several orbital slots covering the United States.

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