Hello Don, long time no hear. Globalstar is sure going well, though the share price would need to go up 40% to reach its high. Loral in the doldrums too. Rights issue in a couple of weeks. Stock split in June. Launching taking place later this year.
Meanwhile, I thought you'd be interested in this news item. We are in some ways a little behind the times in parts of the Pacific. I think that Globalstar should give them a Globalstar phone to make the first call on the Globalstar system. Last country in the world to get a phone system is the first onto Globalstar.
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Remote South Pacific Island becomes a little less isolated
Source: Associated Press
WELLINGTON, NEW ZEALAND - AP World News via Individual Inc. : The president of the last country in the world to get telephone service became its first citizen to make an international call Friday.
- Aliki Faipule Falima Teao, the head of Tokelau's government, called New Zealand Prime Minister Jim Bolger to thank him for contributing U.S. dlrs 1.03 million dollars for the US dlrs 2.76 million project, a New Zealand government statement said.
- Teao noted that Tokelau had made telecommunications history by becoming the last country in the world to install telephones, it said.
- Tokelau, made up of three coral atolls, is about 3,000 kilometers (1,700 miles) northeast of New Zealand. Some of its 1,500 residents helped lay cables and install telephones.
- It said the Australian telecommunications group, Telstra, installed three satellite base stations that will support the phone service.
- Until now, Tokelauans communicated through noisy shortwave radio link to Western Samoa and a mail ship that arrived once every five weeks. The new system allows fax and Internet access.
- ``The leaders of Tokelau could now talk directly with their counterparts in the region,'' the New Zealand statement said.
- Tokelau is administered by New Zealand, whose currency is legal tender besides Tokelau's own souvenir coins. Tokelauans are Polynesians and have linguistic, family and strong cultural links with Western Samoa, 480 kilometers (285 miles) to the south.
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