UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):   August 01, 2008

TERRESTAR CORPORATION

(Exact Name of Registrant as Specified in Charter)

Delaware (State or Other Jurisdiction of Incorporation)   001-33546 (Commission File Number)  93-0976127 (IRS Employer   Identification No.)

12010 Sunset Hills Road, 9th Floor Reston, VA (Address of Principal Executive Offices) 20190 (Zip Code)

Registrant’s telephone number, including area code:  703-483-7800

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

q Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

q Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

q Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

q Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01.     Regulation FD Disclosure

TerreStar Corporation issued a press release, dated August 01, 2008, announcing a nationwide reciprocal roaming agreement with AT&T which is attached hereto as Exhibit 99.1. This exhibit is furnished, not filed, pursuant to Regulation FD.

Item 8.01.Other Events

TerreStar Corporation issued a press release, dated August 01, 2008, announcing a nationwide reciprocal roaming agreement with AT&T which is attached hereto as Exhibit 99.1. This exhibit is furnished, not filed, pursuant to Regulation FD.

Item 9.01.Exhibits

(d) Exhibits

Exhibit No.	Description of Exhibit
99.1	Press Release dated August 01, 2008

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TERRESTAR COPRORATION
By:	/s/ Jeffrey W. Epstein
	Jeffrey W. Epstein
	President

Date:  August 01, 2008