Cablevision Systems company Rainbow DBS satellite television, and television channels AMC, The Independent Film Channel, and Women's Entertainment, will buy $740 million worth of satellites from Lockheed Martin. This amount does not include launch costs and the first year's payment is $48 million. The satellites will be delivered over a period from 38 months to 50 months after the deal is signed. Lockheed Martin will construct five Ka-band satellites and provide related tracking, telemetry and control equipment, satellite simulators and other equipment, software and training. The satellites are intended to use FCC frequency licences held by Rainbow DBS at 62°W, 71°W, 77°W, 119°W and 129°W.
Source: Flight International
