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Europe Daily Bulletin No. 7722

22 May 2000
Contents Publication in full By article 33 / 42
ECONOMIC INTERPENETRATION / (eu) telecommunications

The satellite telecommunications network ICO GLOBAL COMMUNICATIONS will be merged with the satellite communications system TELEDISC. After the merger, a new holding company, ICO-TELEDISC GLOBAL, will be created to head up ICO and TELEDISC, with the objective of providing, within two years, a network of 288 satellites and access to internet and high-speed data transmissions. ICO, declared insolvent last August, was refloated with USD 1.2 billion in capital by financier Craig McCaw, TELEDISC...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT