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[Satellite TODAY 02-08-12] Canadian economic development, investment, and innovation regulatory agency Industry Canada has approved Dish Network’s license transfer request for spectrum previously held by TerreStar, the U.S. pay-TV operator announced Feb. 7.

   U.S. bankruptcy courts approved Dish Network’s acquisition of the spectrum licenses held by TerreStar and DBSD in the middle of 2011. The company said it is prepared to immediately close both transactions upon receiving approval from the U.S. Federal Communications Commission (FCC) and associated waiver requests, which will enable the company to move forward with its planned wireless initiatives.
   “In granting its approval, Industry Canada reached the conclusion that the transfer would be in the public interest in light of ‘the capacity that would be available in Canada,’ among other reasons … Dish believes that immediate Commission approval will be a win for consumers, competition, infrastructure investment, and American jobs,” Dish Network said in a company statement.

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