RESTON, Va.-Wireless data carrier Motient Corp. announced it is in talks with the Securities and Exchange Commission over the accounting of several business deals in 2000, and whether the company will have to restate is financial results in relation to the deals.
Motient said it is reviewing its dealings with Mobile Satellite Ventures LP and the sale of its transportation assets to Aether Systems Inc. in 2000. The company said it will work with the SEC, but is unsure whether it will have to restate its earnings.
