-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RdhVBLHkSUmtgSPZM+ZUWRse8+qChzeE1BBiJHtGeE6T4F+4/QJq/+elISWx2IfU OrB0gSXM3OCX+RLuddyxvQ== 0000950172-05-000671.txt : 20050303 0000950172-05-000671.hdr.sgml : 20050303 20050303160909 ACCESSION NUMBER: 0000950172-05-000671 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050303 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050303 DATE AS OF CHANGE: 20050303 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SKYTERRA COMMUNICATIONS INC CENTRAL INDEX KEY: 0000756502 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 232368845 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13865 FILM NUMBER: 05658096 BUSINESS ADDRESS: STREET 1: 19 WEST 44TH STREET STREET 2: SUITE 507 CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-730-7540 MAIL ADDRESS: STREET 1: 19 WEST 44TH STREET STREET 2: SUITE 507 CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: RARE MEDIUM GROUP INC DATE OF NAME CHANGE: 19990414 FORMER COMPANY: FORMER CONFORMED NAME: ICC TECHNOLOGIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: INTERNATIONAL COGENERATION CORP DATE OF NAME CHANGE: 19891005 8-K 1 skymarch8k.txt FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): March 3, 2005 (March 3, 2005) SKYTERRA COMMUNICATIONS, INC. (Exact name of registrant as specified in its charter) Delaware 000-13865 23-2368845 (State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation or Organization) Identification No.) 19 West 44 Street, Suite 507 New York, NY 10036 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (212) 730-7540 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) This Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected financial position and operating results, our business strategy, and our financing plans are forward-looking statements. These statements can sometimes be identified by our use of forward-looking words such as "may," "will," "anticipate," "estimate," "expect," "project," or "intend." These forward-looking statements reflect our plans, expectations, and beliefs and, accordingly, are subject to certain risks and uncertainties. We cannot guarantee that any of such forward-looking statements will be realized. Statements regarding factors that may cause actual results to differ materially from those contemplated by such forward-looking statements ("Cautionary Statements") include, among others, those under the caption "Risk Factors" in our 8-K filed on December 27, 2004. All of our subsequent written and oral forward-looking statements (or statements that may be attributed to us) are expressly qualified by the Cautionary Statements. You should carefully review the risk factors described in our other filings with the Securities and Exchange Commission (the "SEC") from time to time. Our forward-looking statements are based on information available to us today, and we undertake no obligation to update these statements. Our actual results may differ significantly from the results discussed. Item 7.01 - Regulation FD Disclosure The Company issued a press release, dated March 3, 2005, which is attached hereto as Exhibit 99.1. The exhibit is furnished, not filed, pursuant to Regulation FD. For additional information concerning the subject matter of the press release, please visit the website of the Federal Communications Commission, www.fcc.gov. Item 9.01 - Financial Statements and Exhibits (c) Exhibit 99.1 Press release dated March 3, 2005 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized. SKYTERRA COMMUNICATIONS, INC. (Registrant) DATE: March 3, 2005 By: /s/ Robert C. Lewis -------------------------------- Name: Robert C. Lewis Title: Senior Vice President and General Counsel EX-99 2 msv99.txt EXHIBIT 99.1 - PRESS RELEASE Exhibit 99.1 ------------ SkyTerra Communications, Inc. Contact: 19 West 44th Street, Suite 507 Robert Lewis New York, New York 10036 Senior Vice President and General Counsel 212-730-7540 info@skyterracom.com - ------------------------------------------------------------------------------- SKYTERRA COMMUNICATIONS ANNOUNCES FCC RULING FOR MSV JOINT VENTURE NEW YORK, NY, March 3, 2005. SkyTerra Communications, Inc. (OTC: SKYT) announced that the Federal Communications Commission (FCC) released the text of its new rules for the deployment and operation by the Mobile Satellite Ventures LP (the MSV Joint Venture) of an ancillary terrestrial component (ATC) to its mobile satellite service (MSS) systems. The text of the FCC Order, which was released on Friday, contains the details of the unanimous decision announced by the FCC at its February 10, 2005 public meeting. The FCC's Order provides the MSV Joint Venture with substantial additional flexibility in its system implementation, allowing it to significantly lower the cost of ATC deployment and increase the capacity of the MSS/ATC hybrid system. This additional flexibility provided by the FCC's decision is expected to allow the MSV Joint Venture to offer users affordable and reliable voice service from virtually anywhere on the North American continent. In addition, the MSV Joint Venture expects to be able to offer a cost effective high-speed data communications service in North America through its integrated satellite/terrestrial service system. The FCC's Order rejected arguments that would have unnecessarily limited ATC flexibility. Instead, the FCC reaffirmed the fundamental underpinnings of its February 2003 decision and excised many constraints that would have limited the spectral efficiency and communications efficacy of ATC. In addition to the MSV Joint Venture, a global list of companies and industries supported the FCC's decision to make ATC a reality including automobile manufacturers, chipset and device companies, satellite manufacturers, state space agencies, public safety users, and other businesses that see the significant advantage of combining the ubiquity of satellites with the scale of terrestrial communications. Specifically, the FCC's decision recognized the essential nature of ATC in providing spectral efficiency to MSS users in populous areas, and that it can do so at an insignificant cost of interference potential to other systems. Jeffrey Leddy, the chief executive officer and president of SkyTerra, noted "the FCC's Order is another significant milestone for the MSV Joint Venture, permitting it to create a hybrid system incorporating the best of wireless technology -- satellites which provide true nationwide coverage with terrestrial wireless services in densely-populated areas which provide high-capacity and high-quality service. We are hopeful that in the future the MSV Joint Venture will be able to provide unique two-way mobile services to millions of Americans." This summary is qualified by reference to the FCC's order, which may be found on the FCC's website at: http://hraunfoss.fcc.gov/edocs_public/attachmatch/FCC-05-30A1.pdf. Please review the order for additional important information regarding limitations and conditions on the authorizations and waivers granted to the MSV Joint Venture. Caution Concerning Forward-Looking Statements - --------------------------------------------- This document includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements the outcome of court challenges to the order and the ability of the MSV Joint Venture to finance and implement its business plan. Additional factors are detailed in the documents filed by the Company with the Securities and Exchange Commission including but not limited to those contained under the Risk Factors section of the Annual Report on Form 8-K filed by the Company with the Securities and Exchange Commission on December 27, 2004. The Company assumes no obligation to update any such forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements or for prospective events that may have a retroactive effect. -----END PRIVACY-ENHANCED MESSAGE-----