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DISH
Network
Statement
on
Canadian
Approval
of
TerreStar
License
Transfer
7
February
12
DISH Network Corporation issued the following statement
today
regarding
Canadian
approval
of
the
TerreStar
license
transfer
request:
"DISH
is
pleased
to
announce
that
Industry
Canada
has
approved
the
transfer
of
the
Canadian
spectrum
licenses
held
by
TerreStar
to
DISH.
In
granting
its
approval,
Industry
Canada
reached
the
conclusion
that
the
transfer
would
be
in
the
public
interest
in
light
of
'the
capacity
that
would
be
available
in Canada,' among other reasons.
U.S.
bankruptcy
courts
approved
DISH's
acquisition
of
the
spectrum
licenses
held
by
TerreStar
and
DBSD
in
the
middle
of
2011.
DISH
is
prepared
to
immediately
close
both
transactions
upon
receiving Federal Communications Commission
approval
of
the
transactions
and
associated
waiver
requests,
which
will
enable
DISH
to
move
forward
with
its
planned
wireless
initiatives.
DISH
believes
that
immediate
Commission
approval
will
be a
win
for
consumers,
competition,
infrastructure
investment,
and
American
jobs."
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