LORAL Space & Communications Ltd. - LOR- Profile

Loral Space & Communications Ltd.. The Group's principal activity is to manufacture satellites and satellite-based communication services. The Group operates through two business segments: Fixed Satellite Services and Satellite Manufacturing and Technology. Fixed Satellite Services includes leasing transponder capacity to customers for broadcasting, Internet access and transmission, private voice and data networks, business television, distance learning and network services. Satellite Manufacturing and Technology, designs, develops and manufactures satellites, space systems and satellite technology for a variety of customers. It provides managed communications networks and Internet and Intranet services. It provides managed communications networks and Internet and Intranet services. The customers of the Group include U.S. Government, foreign governments and large multinational corporations. Satellite Manufacturing and Technology accounted for 64% of 2002 revenues and Fixed Satellite services, 36%