No, the ModelSim-Altera Edition software does not support the Windows Terminal Server remote client feature. In Altera® licenses, the TS_OK attribute enables the Windows Terminal Server remote client feature for Altera software but it is unavailable for the Mentor Graphics ModelSim-Altera Edition software.
If you try to use the ModelSim-Altera Edition software with Windows Terminal Server, you may see an error such as:
Error: Failure to obtain a Verilog simulation license. Unable to checkout any of these license features: alteramtivsim or alteramtivlog.