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Loral Skynet Begins Telstar 13 Service

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Loral Skynet, a unit of Loral Space and Communications [OTC: LRLSQ], announced that Telstar 13 has successfully completed its in-orbit testing and is in operation at its 121 degrees West Longitude orbital slot. Pending regulatory approval, Loral has agreed to sell Telstar 13, along with four other North American telecommunications satellites, to Intelsat.

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