Pricing Supplement No. 2
Dated: December 9, 1994

For SEC Filing Purposes:
Filed Under Rule 424(b)(3)
Registration No. 33-54369

To Prospectus dated July 11, 1994 and
Prospectus Supplement dated July 11, 1994 

Principal Amount $20,000,000.00
(CUSIP No. 20564Q AB4)

COMSAT CORPORATION

Medium-Term Notes, Series A
Due Nine Months or more from Date of Issue

Issue Date: December 13, 1994

Stated Maturity: December 13, 2006

____     Zero-Coupon Note(s)
_XX_     Fixed Rate Note(s)
____     Commercial Paper Rate Note(s)
____     Prime Rate Note(s)
____     CD Rate Note(s)
____     Federal Funds Rate Note(s)
____     LIBOR Note(s)
____     Treasury Rate Note(s)
____     Other Interest Rate Basis

Currency or Currency Units
  (if other than U.S. dollars): N/A

Issue Price (if other than 100%): N/A

Public Offering Price:  100%.  CS First Boston has purchased the
                               Notes as Agent.  (DTC No. 355)

Underwriting Discount or Commission received from 
                      the Issuer (%): .5%
Proceeds to Company (%):  99.5%
Proceeds to Company ($): $19,900,000.00

Interest Rate:  8.05% increasing to 8.55% on December 13, 1999
Interest Payment Dates: June 13 and December 13
Regular Record Dates: May 29 and November 28
Number of Days to first interest payment:  182 days
Interest Payment Period: N/A
Interest Rate Reset Period: N/A
Interest Determination Dates: N/A
Index Maturity: N/A

Left Side


_X_ Book-Entry Note(s)
___ Certificated Note(s)

Spread: N/A
Spread Multiplier: N/A
Maximum Interest Rate, If any: N/A
Minimum Interest Rate, if any: N/A
Interest Calculation Dates: N/A
Calculation Agent: N/A

Redemption Date(s) (Option of Holder): December 13, 1999
Redemption Percentage(s) (Option of Holder) (if other than
 100% of Principal Amount): N/A

Redemption Date: December 13, 1999 
Redemption Premium: N/A


Original Issue Discount Security: Yes, see "Other Terms" below.
_X_ For Federal Income Tax Purposes
___ Subject to Special Provisions
Issue Date for Calculating OID: See "Other Terms" below.
Original Issue Discount: See "Other Terms" below.
Original Issue Discount
 Applicable to Short Accrual Period: N/A
 Computed under (exact__) 
 (approximate__)  method
Yield to Maturity: See "Other Terms" below.
Default Rate (only applicable if OID Security): See "Other Terms" below.
Amortized Face Amount: See "Other Terms" below.

Right Side


Redemption Price: On the Redemption Date, the owners of Notes will 
have the right to have their Notes prepaid at a price equal to 100% 
of the principal amount thereof, as described in the form of Note 
and in the Prospectus Supplement under "Redemption (Option of Holder)."  
Any owner of the Notes wishing to have Notes so prepaid must notify 
the Trustee that such Notes will be tendered for prepayment no less 
than 30 days and no more than 60 days prior to the Redemption Date 
and deliver such Notes to the Trustee no later than 10:00 A.M. on the 
Market Day preceding the Redemption Date, all as more fully described 
in the Note and in the Prospectus Supplement under "Redemption (Option
of Holder)."

Other Terms: BASED UPON THE INCREASE IN THE INTEREST RATE IF THE
OWNERS OF THE NOTES DO NOT ELECT TO HAVE THE NOTES PREPAID, THE
NOTES ARE ORIGINAL ISSUE DISCOUNT NOTES (AS DEFINED IN THE PROSPECTUS
SUPPLEMENT TO WHICH THIS PRICING SUPPLEMENT RELATES).  INVESTORS
SHOULD CONSULT THEIR OWN TAX ADVISOR AS TO THE PARTICULAR TAX
CONSEQUENCES RELATING TO THIS ACQUISITION, OWNERSHIP AND DISPOSITION
OF THE NOTES, INCLUDING THE APPLICATION AND EFFECT OF STATE, LOCAL
AND FOREIGN INCOME TAX AND OTHER TAX LAWS.

CS First Boston Corporation
                         Salomon Brothers Inc.
                                           NationsBanc Capital Markets, Inc.

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