WildBlue Communications is continuing to move forward in the delivery of satellite broadband connections. On January 10, 2006 they closed a secured
credit facility of over $200 million. These funds will be used to continue the steady growth of its high speed Internet access business. Terms of the credit facility were not disclosed.
WildBlue will use the financing to grow its broadband business and to facilitate the launch of a satellite in the 4th quarter of 2006. The new satellite will enable WildBlue to grow its customer base of home and business users. The demand for the service has been very strong among consumers that are not served by other broadband alternatives.