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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.48+3.0%9:33 AM EST

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To: djane who wrote (6884)8/26/1999 12:27:00 PM
From: Rocket Scientist  Read Replies (2) of 29987
 
News from Brazil! (courtesy of Yahoo thread)

G* News / From Brazil
by: dskdrv1 (M/Your CPU)
10624 of 10624
Globalstar to start up operations in October

August 26, 1999 Brazil - SABI via NewsEdge Corporation : The satellite telephone service Globalstar will start operating in Brazil in
October, and is already testing its system from its land station at Presidente Prudente, S=E3o Paulo state. The consortium will invest
US$180mil in Brazil and initially cover the Center, West, and Southern regions reaching full capabilities in May - April, 2000. It will set up
three gateways in Brazil and expectations are domestic users to account for 15% of Globalstar's overall users.

-0-

Source: Jornal do Brasil Page: 13 Date: August 21, 1999 Country: Brazil Product: Satellite Communications Company: Globalstar Event:
Facilities & Equipment SABI (South American Business Information)
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