PARIS โ€” U.S. satellite-television provider Dish Network Corp., which in July made a surprise investment in mobile satellite services provider ICO North America โ€” renamed DBSD North America Inc. โ€” now says DBSD is worth almost nothing and cannot survive even if it is allowed to wipe out its debt in ongoing Chapter 11 bankruptcy proceedings.

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Peter B. de Selding was the Paris bureau chief for SpaceNews.