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Loral Skynet Inks Deal With Rede TV

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Loral Skynet do Brasil Ltd., a subsidiary of Loral Space & Communications [OTC: LRLSO], has signed an agreement with Brazilian television network Rede TV to provide satellite capacity on Telstar 12 for coverage of Brazilian winter festival Campos do Jordao and the Championship Auto Racing Teams’ (CART) events. Financial terms of the deal weren’t disclosed.

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