Word: comsat
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...could also speed satellite communications for ABC radio and television. A major stockholder in Comsat, I. T. & T. last month asked approval from the Federal Communications Commission to build and operate a satellite earth station in Puerto Rico, where it runs the telephone system. The station would connect the U.S., Europe and Latin America with live TV, telephone and other services...
Louisiana-born, Irish Baptist McCormack will need his charm and know-how at Comsat. The corporation is busy with plans to link its communications system with an Apollo satellite to be orbited next year by the National Aeronautics and Space Administration, and to offer Pacific communication similar to Early Bird's European hookup. After that will come a new generation of Comsat satellites that will provide worldwide links with stations in at least 45 countries. On the ground, Comsat is embroiled in arguments. Television networks are unhappy about Comsat's high rates ($5,245 an hour in prime...
McCormack is only mildly concerned by such disputes. He is more interested Comsat's pioneering effort and its potential as a Government-chartered space company. Says he: "This firm is the base for a genuine social and economic revolution around the world. The business of management is sort of standard. Here, you get the opportunity to cut the cloth out of which the suit will be made, and that's always fascinating...
...Comsat, McCormack may, if any thing, slacken his pace. Although he was forced out of a promising Air Force career at 45 by heart trouble he has lately been working a 100-hour week at M.I.T. and as chairman of Boston's Massachusetts Bay Transportation Authority. He also sits on six company boards, intends to relinquish all of these seats to avoid conflicts of interest. So anxious is he to get into space that last week he had no sooner finished a speaking engagement in Los Angeles than he jetted to Washington overnight to attend his first Comsat board...
Goldenson's technicians tell him that ABC's bird could be built and launched for $9,000,000. Annual maintenance during its five-to ten-year life span has been estimated at a mere $1,500,000. Moving in quickly last week, Comsat insisted that operation of such a continental bird would be "our function, under the law passed by Congress." A subsequent preliminary meeting of ABC, Comsat, and Federal Communications Commission officials seemed to confirm the claim. But ABC would, of course, still enjoy an enormous economy with the new satellite, and at its annual meeting, also...