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Satellite Deal

A plan to build a new satellite-based communications network that would provide wireless internet service around the globe received a boost yesterday. Boeing has announced that it will be the lead contractor on Teledesic Corporation's $9 billion plan to put a network of low-orbit satellites in space. But Teledisic may find the skies crowded by the time it gets there. There are at least three similar projects already in the works. Teledesic, is owned by Bill Gates and cellular phone billionaire, Craig McCaw. NPR's Wendy Kaufman reports.

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