TerreStar launches satellite for mobile broadband network

TerreStar Networks has launched the world's largest commercial communications satellite in preparation for its satellite mobile broadband network.

The company has created a phone that works with the satellite network and on traditional networks as well. It currently has a deal with AT&T and could pursue similar agreements with other carriers. The network will operate in the United States and Canada with a spectrum footprint that covers 330 million people. You can watch video of the satellite launch here.