{"id":87666,"date":"2010-01-11T17:08:43","date_gmt":"2010-01-11T09:08:43","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/olmstead-rayner-leave-terrestar-board-of-directors\/"},"modified":"2010-01-11T17:08:43","modified_gmt":"2010-01-11T09:08:43","slug":"olmstead-rayner-leave-terrestar-board-of-directors","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/olmstead-rayner-leave-terrestar-board-of-directors\/","title":{"rendered":"Olmstead, Rayner Leave TerreStar Board of Directors"},"content":{"rendered":"<p class=\"MsoNormal\">[01-11-10] <b>TerreStar<\/b> has informed the <b>U.S. Federal Communications Commission<\/b> (FCC) that <b>EchoStar<\/b> President Dean Olmstead and EchoStar CFO David Rayner are leaving TerreStar\u2019s board, effective Dec. 31, 2009. \n<\/p>\n<\/p>\n<p>&nbsp;&nbsp; &nbsp;TerreStar told the FCC that Olmstead and Rayner\u2019s decisions were not based on disagreements with TerreStar policy, according to documents filed with the FCC on Jan. 4. TerreStar\u2019s board said it would consider filling the vacancies at a later date.<\/p>\n<p>&nbsp;&nbsp; &nbsp;In February 2008, TerreStar secured loans for TerreStar-2 from <b>EchoStar Corp., Harbinger Capital Partners Master Fund<\/b> and <b>Harbinger Capital Partners Special Situations Fund<\/b>.&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<\/p>\n<h2>Related Stories-<\/h2>\n<p class=\"MsoNormal\">\n<b class=\"titlelink\" style=\"font-size: 12px; \">TerreStar CTO Outlines TerreStar-1 Architecture<\/b>&nbsp;<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.satellitetoday.com\/images\/icon_lock.gif\" width=\"12\" height=\"14\" align=\"top\" alt=\"\">&nbsp;&nbsp;&nbsp;Satellite News&nbsp;&nbsp;&nbsp;June 24, 2009<br \/>\n[06-24-09] TerreStar-1, the world s largest civilian telecommunications satellite, is in the final stages of preparation for launch by Arianespace July 1, TerreStar CTO Dennis Matheson told Satellite News.&nbsp;<\/p>\n<p><b class=\"titlelink\" style=\"font-size: 12px; \">TerreStar Receives $300 Million In Investment Funds<\/b>&nbsp;<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.satellitetoday.com\/images\/icon_lock.gif\" width=\"12\" height=\"14\" align=\"top\" alt=\"\">&nbsp;&nbsp;&nbsp;Satellite News&nbsp;&nbsp;&nbsp;February 13, 2008<br \/>\n[2-13-08] Echostar Corp., Harbinger Capital Partners Master Fund 1 Ltd. and Harbinger Capital Partners Special Situations Fund LP (collectively, Harbinger) and other investors have agreed to invest $300 million into TerreStar\u2026<\/p>\n<p><b class=\"titlelink\" style=\"font-size: 12px; \">State Of The Industry: News Players Enter Growing Market<\/b>&nbsp;&nbsp;&nbsp;Via Satellite&nbsp;&nbsp;&nbsp;July 1, 2007<br \/>\nThe global satellite communications industry continued to show growth in 2006, but this does not necessarily mean that the established players enjoyed all the gains. New and returning companies began to gain footholds in the launch and satellite\u2026<br \/>\n<b><\/b><\/p>\n<\/p>\n<p><!--EndFragment--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[01-11-10] TerreStar has informed the U.S. Federal Communications Commission (FCC) that EchoStar President Dean Olmstead and EchoStar CFO David Rayner are leaving TerreStar\u2019s board, effective Dec. 31, 2009. &nbsp;&nbsp; &nbsp;TerreStar told the FCC that Olmstead and Rayner\u2019s decisions were not based on disagreements with TerreStar policy, according to documents filed with the FCC on Jan. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-87666","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/87666"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=87666"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/87666\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=87666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=87666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=87666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}