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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 174.80+0.3%Dec 5 3:59 PM EST

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To: RoseCampion who wrote (2071)10/6/1999 8:54:00 PM
From: A.J. Mullen  Read Replies (1) of 13582
 
That's not the only competition for Omnitracks. There's a Spanish company, Zunibal, that uses the Inmarsat to do the same thing.

The potential has been around for quite a while. International sailing races have been followed for some time by requiring boats carry a beacon that could be tracked. Similarly some countries make such beacons a requirement of licenses to fish in their economic zones.

I've no idea which satellites Omnitracks has been using, but I doubt they ever had any exclusive rights. It's perhaps a wonder as to why there hasn't been significant competition before.
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