Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.86

+1.6%

3:59 PM EST

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To: Rocket Scientist who wrote (6303)	8/4/1999 10:11:00 AM
From: Rajala	Read Replies (1) of 29987

Is this another of those "how many rich people there are in China? Huh? Answer this if you can, rajala, you loser" thing? I don't doubt that there are not enough people in developing countries who could afford telephony. There sure are enough people able to afford I* in the States, if you know what I mean. Interesting article. Little misleading this "annual revenue per telecom subscriber" in this context, should be "annual revenue per line" as many are using the same connection. Understandably, if there is one phone per 1000 people. This outrageously overpriced (for example 3$ a minute) overseas charge is typically true, but does not work in practice. MCI, ATT and others are offering a callback feature with which you can get international calls for less than a dollar from Africa to Europe, for example (God knows how they route that, but appears it goes via the States). Local calls are typically dirt cheap. If someone seriously expects these guys to flog the G* outlets, witness the I* customer base in the developing world (= Mr. Patel). - rajala

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