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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 69.03-5.5%3:58 PM EST
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To: Rocket Scientist who wrote (8173)11/4/1999 4:17:00 AM
From: Veiko Herne   of 29987
 
RE: Does Elsacom really have all the license and local SP arrangements needed in E. Europe?

I think, it's not needed, even there are some legal aspects. In Estonia You must apply the license, if You want to build a telecommunication network. SAT phones uses the existing network in sky and don't need to build anything. There is no law restricting to sell the phones in market. The more interesting issue is providing long-distance calls. Using a SAT phones, You never know, wheather the person is inside or outside of small country. Using a same logic, every GSM usage done in offshore water or TAX free area in Airport is long-distance call. I think, it's same in lot of Eastern Europe country. Eastern europe problem is, that after the market economy, we wanted investments to telecommunication infrastructure. Investors again wanted a protection for investments, so those stupid laws was made.
If I would be a SAT phone provider, I would just make the agreement with some local phone distributor to sell those phones in electronic shops and will not to start to apply a goverment license. The internet long-distance calls and call-back services work same way here. One finnish company started to apply the license for Internet phonecalls and of course our government rejected it.

Veiko
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