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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.75-0.5%Nov 28 9:30 AM EST

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To: Rocket Scientist who wrote (7729)10/5/1999 3:01:00 PM
From: Jeff Vayda  Read Replies (2) of 29987
 
RS: re: Mexican fixed news. (http://www.wirelessweek.com/pcs99/pcsgen3.htm)

Here are some pieces of the side bar article.

Jeff Vayda

Globalstar Targets Villages For Pay phones Globalstar....
The remote village pay phone market--a segment untapped by other satellite service providers--will likely be a small but significant portion of overall sales...

Mexico, "The government will pay for the phones, and the village will pay for about 20 percent of outgoing calls," ...Mexican government expects to provide between 5,000 and 8,000 phones next year, according to Solomon. "This is part of a social program," he says. "The government has a commitment of giving telephone coverage to every single rural community with 100 to 500 inhabitants by 2000 or 2001."...

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