Cases & Deals

Finmeccanica joins the Globalstar consortium and negotiates a joint venture to provide satellite services to the Ukraine

Clients Finmeccanica SpA

Jones Day attorneys advised Elsacom, the telecommunications arm of Finmeccanica SpA (a major Italian manufacturer of satellites, among other things) on its entry into the Globalstar consortium for the launching of low earth orbit satellites to provide handheld mobile telecommunication services to areas not served by cellular technology. Subsequently, Jones Day attorneys negotiated a joint venture agreement with Ukrtelekem (the Ukrainian telephone company) and NPO Yuzhnoye (the Ukrainian rocket launching authority) to launch the constellation of Globalstar satellite and for Finmeccanica SpA to be the exclusive service provider for satellite communications in the Ukraine, and subsequently in a number of other jurisdictions in the Balkans and the Baltics.