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Loral Skynet Completes Its Integration With Loral Cyberstar

In September 2002, Loral announced that it would combine the activities of its Skynet and CyberStar units to respond to customer demands for global networking and more end-to-end solutions from a single provider.

Bedminster - Apr 07, 2003
Loral Skynet, a subsidiary of Loral Space & Communications, today announced it has completed the integration of its business activities with Loral CyberStar, allowing the new Loral Skynet to offer its customers a combination of fixed satellite and network services from a single source.

In September 2002, Loral announced that it would combine the activities of its Skynet and CyberStar units to respond to customer demands for global networking and more end-to-end solutions from a single provider.

"Integrating fixed satellite services with a robust networking and engineering capability is key to success in our industry," said Terry Hart, president, Loral Skynet.

"The combination of Skynet and CyberStar allows the new Loral Skynet to offer complete satellite solutions. We look forward to working with our customers on new networking opportunities, in addition to continuing our heritage satellite service business."

As part of the integration, Loral Skynet has named Robert A. Hedinger to the position of executive vice president of sales, marketing and client services.

Reporting to Terry Hart, Mr. Hedinger is responsible for Skynet's sales and marketing strategy and will lead a team of professionals across Skynet's three product lines - Satellite Services, Network Services and Professional Services.

Mr. Hedinger was previously Skynet's executive vice president of business development.

"The new Skynet is responsive and market driven, taking advantage of our established solutions for both our satellite services and our network solutions through a streamlined organization," said Hedinger.

"We are excited about Skynet's combined business and expect to capitalize on new opportunities as we launch three new satellites into key global markets and continue to develop our network services platform."

In addition to its core fixed satellite services business, Loral Skynet offers both Network Services and Professional Services.

Skynet Network Services uses innovative VSAT and terrestrial technology to distribute data, voice and video anywhere in the world. Skynet Professional Services provide customized services that satisfy unique customer needs in deploying satellites and network services.

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