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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 65.14+6.4%Dec 3 3:59 PM EST
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To: Matthew Wecksell who wrote (5715)7/15/1999 10:25:00 AM
From: Rajala  Read Replies (2) of 29987
 
>G* has satellites above India, like it or not. (And they can
>put a Gateway Station in any neighboring country - just tell
>Pakistan that a station would piss off India and Pakistan
>would problably pay for the gateway themselves.)

This is very true what Matt suspects. And it would actually make perfect sense businesswise as well, since the telecommunications in India is being effectively suffocated by government policies. Mobile operators have no right on national roaming, signalling between states is banned and punitive taxes are put on users.

All this have contributed to very expensive, very unprofitable and very patchy mobile telephony.

So put the gateway to Pakistan. Indian subcontinent has some 1.3 bn people, even if the poor are taken out of the figure there should be couple of hudered million potential users (gee, do I start to believe myself that there actually is a market for satellite telephony?? Never thought it would come to this).

Its besides the point but it really makes one wonder why the Indian government wants to block the development of their country in this way. Anything to slow down the economy. Knowing how vast the country is (its actually a subcontinent), and how bad the roads are, and how's the traffic, and how bad the fixed line communications, one would think the govt. would support this sort of infrastructure making the country more efficient. What are these guys thinking.

- rajala
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