<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF LORAL SPACE & COMMUNICATIONS LTD. FOR THE QUARTER ENDED
MARCH 31, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                         490,702
<SECURITIES>                                         0
<RECEIVABLES>                                  424,830
<ALLOWANCES>                                     4,429
<INVENTORY>                                    117,308
<CURRENT-ASSETS>                             1,233,706
<PP&E>                                       2,240,134
<DEPRECIATION>                                (366,186)
<TOTAL-ASSETS>                               5,544,765
<CURRENT-LIABILITIES>                          351,037
<BONDS>                                      1,897,342
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  1,053,831
<COMMON>                                         2,956
<OTHER-SE>                                   1,976,204
<TOTAL-LIABILITY-AND-EQUITY>                 5,544,765
<SALES>                                        318,086
<TOTAL-REVENUES>                               318,086
<CGS>                                          269,803
<TOTAL-COSTS>                                  324,065
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              43,316
<INCOME-PRETAX>                                 (4,899)
<INCOME-TAX>                                    10,262
<INCOME-CONTINUING>                           (123,030)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (142,387)
<EPS-BASIC>                                      (0.49)
<EPS-DILUTED>                                    (0.49)