Gestern Ausbruch mit großen Umsätzen, könnte weiterlaufen.
In D noch unterbewertet zu bekommen.
MfG
Star Ikone
In D noch unterbewertet zu bekommen.
MfG
Star Ikone
Top-News
RARE MEDIUM ( WKN 891555 ): Die 100%-CHANCE!!!
Beiträge:
7
Zugriffe: 520 / Heute: 1
Zugriffe: 520 / Heute: 1
Akt. 0,48$ = 0,54E. und was macht Deutschland...pennt immer noch...
Die News:
Rare Medium Group Joins Mobile Satellite Joint Venture
NEW YORK, Oct 15, 2001 (BUSINESS WIRE) -- Rare Medium Group, Inc. (NASDAQ:
RRRR) today announced it has agreed to join Mobile Satellite Ventures LLC (MSV),
a satellite communications joint venture that will integrate the satellite
operations of Motient Corporation with those of TMI Communications and Company,
L.P., a wholly owned subsidiary of BCE Inc. of Canada.
The formation of MSV, announced in January 2001, is currently awaiting customary
American and Canadian regulatory approvals.
A newly formed subsidiary of Rare Medium Group, Inc. will lead a group of
investors in purchasing $55 million in subordinated convertible notes of MSV.
The group includes existing MSV shareholders Telcom Ventures, LLC; Columbia
Capital; Spectrum Equity Investors and Motient. The $55 million investment is
expected to provide MSV with sufficient resources to close on its pre-existing
agreement to consolidate the satellite-related assets of both Motient and TMI,
and to allow it to operate as a standalone entity.
Upon completion of the transaction, MSV will create the largest provider of
mobile satellite services in North America. MSV's approximately 40,000 customers
will enjoy the benefits of digital voice and data services, including circuit
switched voice, nationwide voice and data dispatch, and packet data services.
Subject to regulatory approvals, MSV intends to develop a highly innovative and
spectrally efficient combination of next generation spot beam satellites
complemented with ancillary terrestrial base stations.
In a separate action, Rare Medium and Motient announced today that Motient
repaid approximately $26.2 million, including accrued interest, of the $50
million aggregate principal amount of exchangeable notes issued by Motient to
Rare Medium by delivering to Rare Medium five million shares of XM Satellite
Radio (NASDAQ: XMSR) common stock held by Motient. The maturity date for the
remaining outstanding principal amount of approximately $26.2 million was
extended for 60 days, and will be further extended to October 12, 2002 upon
satisfaction of certain conditions.
Caution Concerning Forward-Looking Statements
This document includes certain "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995, including statements
relating to the consummation of the proposed transaction described above. These
statements are based on management's current expectations and are subject to
uncertainty and changes in circumstances. Actual results may differ materially
from these expectations due to changes in global economic conditions,
competition, regulatory approvals necessary for MSV to develop a business
combining satellite operations with terrestrial base stations, the liquidity of
XM Satellite Radio common stock, and the continuing deterioration of Rare
Medium's Internet services business. Rare Medium assumes no obligation to update
any such forward-looking statements. More detailed information about those
factors, as well as other factors and risks associated with Rare Medium's
business, is contained in Rare Medium's filings with the Securities and Exchange
Commission.
CONTACT: Rare Medium Group, Inc.
Craig Chesser, 646/638-9718
ir@raremedium.com
or
Wall Street Investor Relations Corp., New York
Joseph M. Zappulla, 212/973-0883
JZappulla@WallStreetIR.com
URL: www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2001 Business Wire. All rights reserved.
Die News:
Rare Medium Group Joins Mobile Satellite Joint Venture
NEW YORK, Oct 15, 2001 (BUSINESS WIRE) -- Rare Medium Group, Inc. (NASDAQ:
RRRR) today announced it has agreed to join Mobile Satellite Ventures LLC (MSV),
a satellite communications joint venture that will integrate the satellite
operations of Motient Corporation with those of TMI Communications and Company,
L.P., a wholly owned subsidiary of BCE Inc. of Canada.
The formation of MSV, announced in January 2001, is currently awaiting customary
American and Canadian regulatory approvals.
A newly formed subsidiary of Rare Medium Group, Inc. will lead a group of
investors in purchasing $55 million in subordinated convertible notes of MSV.
The group includes existing MSV shareholders Telcom Ventures, LLC; Columbia
Capital; Spectrum Equity Investors and Motient. The $55 million investment is
expected to provide MSV with sufficient resources to close on its pre-existing
agreement to consolidate the satellite-related assets of both Motient and TMI,
and to allow it to operate as a standalone entity.
Upon completion of the transaction, MSV will create the largest provider of
mobile satellite services in North America. MSV's approximately 40,000 customers
will enjoy the benefits of digital voice and data services, including circuit
switched voice, nationwide voice and data dispatch, and packet data services.
Subject to regulatory approvals, MSV intends to develop a highly innovative and
spectrally efficient combination of next generation spot beam satellites
complemented with ancillary terrestrial base stations.
In a separate action, Rare Medium and Motient announced today that Motient
repaid approximately $26.2 million, including accrued interest, of the $50
million aggregate principal amount of exchangeable notes issued by Motient to
Rare Medium by delivering to Rare Medium five million shares of XM Satellite
Radio (NASDAQ: XMSR) common stock held by Motient. The maturity date for the
remaining outstanding principal amount of approximately $26.2 million was
extended for 60 days, and will be further extended to October 12, 2002 upon
satisfaction of certain conditions.
Caution Concerning Forward-Looking Statements
This document includes certain "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995, including statements
relating to the consummation of the proposed transaction described above. These
statements are based on management's current expectations and are subject to
uncertainty and changes in circumstances. Actual results may differ materially
from these expectations due to changes in global economic conditions,
competition, regulatory approvals necessary for MSV to develop a business
combining satellite operations with terrestrial base stations, the liquidity of
XM Satellite Radio common stock, and the continuing deterioration of Rare
Medium's Internet services business. Rare Medium assumes no obligation to update
any such forward-looking statements. More detailed information about those
factors, as well as other factors and risks associated with Rare Medium's
business, is contained in Rare Medium's filings with the Securities and Exchange
Commission.
CONTACT: Rare Medium Group, Inc.
Craig Chesser, 646/638-9718
ir@raremedium.com
or
Wall Street Investor Relations Corp., New York
Joseph M. Zappulla, 212/973-0883
JZappulla@WallStreetIR.com
URL: www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2001 Business Wire. All rights reserved.
Wenn Konssolidierund bei 0,45$ abgeschlossen, könnte es schnell weiter laufen. Die News stimmen!
MfG
SI
MfG
SI
Hochgetaxt, letzte zu 0,5E. gab es in München, denke, aber auch die 0,6E. sehen wir u.U. heute noch!
MfG
SI
MfG
SI
für 0,55E. bekommt man welche. In USA superstabil, schaut mal hin!
MfG
SI
MfG
SI
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