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Ukraine to Launch Telecommunications Satellite, Kommersant Says

March 6 (Bloomberg) -- Ukraine reached agreement with Eutelsat on an orbital position for its first telecommunications satellite, called Lybid, Kommersant-Ukraine newspaper reported, citing Sehiy Kapshtyk, who heads Ukrkosmos, the state company that runs the project.

Lybid is being assembled by Canadian and Russian companies and its launch from Baikonur, in Kazakhstan, is planned for late 2013, the newspaper said.

The satellite will offer television, telephone and Internet services, Kommersant said.

To contact the reporters on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editors responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net.

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