<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF LORAL SPACE & COMMUNICATIONS LTD. FOR THE SIX MONTHS
ENDED JUNE 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                         392,354
<SECURITIES>                                         0
<RECEIVABLES>                                  411,703
<ALLOWANCES>                                   (8,101)
<INVENTORY>                                    162,144
<CURRENT-ASSETS>                             1,069,988
<PP&E>                                       2,330,732
<DEPRECIATION>                               (408,985)
<TOTAL-ASSETS>                               5,412,323
<CURRENT-LIABILITIES>                          425,447
<BONDS>                                      1,850,356
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  1,053,831
<COMMON>                                         2,964
<OTHER-SE>                                   1,795,822
<TOTAL-LIABILITY-AND-EQUITY>                 5,412,323
<SALES>                                        642,344
<TOTAL-REVENUES>                               642,344
<CGS>                                          544,100
<TOTAL-COSTS>                                  658,200
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              85,752
<INCOME-PRETAX>                                 11,656
<INCOME-TAX>                                    15,122
<INCOME-CONTINUING>                          (216,945)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (252,426)
<EPS-BASIC>                                     (0.86)
<EPS-DILUTED>                                   (0.86)