[Satellite TODAY 08-13-10] An Aug. 11 story in Satellite TODAY, "Telesat Impacts Loral Profits in Second Quarter," should have read: While Loral Space & Communication 2010 second quarter revenues increased $33 million over the same period in 2009 to $481 million, the company suffered a net loss of $20 million in the second quarter due to unfavorable foreign exchange rates that hampered its operator subsidiary, Telesat.

Stay connected and get ahead with the leading source of industry intel!

Subscribe Now