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Christopher Doherty
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Wednesday, 08 October 2008 |
ICO Global Communications (Holdings) Limited (ICO) (NASDAQ: ICOG) today announced that its European subsidiary ICO Satellite Limited has filed an application with the European Commission (EC) in response to the Commission's call for applications for pan-European systems providing mobile satellite services.
ICO has also initiated proceedings in the European Court of First Instance for the annulment of Decision No. 626/2008/EC of the European Parliament and of the Council of 30 June 2008. ICO contends that Decision 626/2008/EC is illegal and therefore should be annulled pursuant to Articles 230 and 231 of the Treaty establishing the European Community (EC Treaty).
About ICO
ICO Global Communications (Holdings) Limited is a satellite communications company developing an advanced next-generation hybrid media system, combining both satellite and terrestrial communications capabilities. ICO's satellites are capable of supporting wireless voice, data, and/or Internet services on mobile and portable devices. In North America, ICO is deploying a mobile interactive media service known as ICO mim™. ICO mim will combine ICO's unique interactive satellite capability with nationwide coverage to deliver a new level of navigation, enhanced roadside assistance and the ultimate mobile video experience, including 10-15 live channels of premium television content. ICO is based in Reston, Virginia. |
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