FCC Approves Transfer Application

    BETHESDA, MD, Jan. 19 /CNW/ - Stratos Global Corporation ("Stratos")
today announced that the US Federal Communications Commission (FCC) has issued
its order approving the transfer of Stratos' FCC licenses from an irrevocable
trust, in which CIP Canada Investment, Inc. ("CIP Canada") deposited Stratos'
shares, to Inmarsat, plc. Under the terms of the transaction, which closed on
December 11, 2007, Inmarsat Finance III Limited, a wholly-owned subsidiary of
Inmarsat, plc, has a call option over 100 percent of CIP Canada beginning on
April 15, 2009 and expiring in December 2010. The exercise of the Inmarsat
call option remains subject to certain other governmental approvals, which the
parties expect to obtain in advance of the April 15, 2009 exercise date.

    About Stratos

    Stratos is the world's trusted leader for vital communications. Stratos
offers the most powerful and extensive portfolio of remote communications
solutions including mobile and fixed satellite and microwave services. More
than 20,000 customers use Stratos products and industry-leading value-added
services to optimize communications performance. Stratos serves U.S. and
international government, military, first responder, NGO, oil and gas,
industrial, maritime, aeronautical, enterprise, and media users on seven
continents and across the world's oceans. For more information visit

    %SEDAR: 00003648E

For further information:

For further information: Investor Contact: Paula Sturge, FCA, Executive
Vice President & CFO, (709) 724-5227, paula.sturge@stratosglobal.com

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890