SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 168.09+1.8%Nov 28 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: slacker711 who wrote (5012)1/10/2000 10:04:00 PM
From: Eric L  Read Replies (1) of 13582
 
Sorry if previously posted:

GLOBALSTAR OPENS SERVICE TO U.S. CONSUMERS

RDSL - 10 January 2000

totaltele.com

Globalstar Telecommunications, satellite-based digital telecoms service provider, opened its service to US consumers in the week ending 09 January 2000, on a limited basis. Pricing plans for the US service have also been announced, prior to a planned global commercial launch before April 2000.

Globalstar handsets, made by Qualcomm, will cost USDlr1,500 for US consumers. Globalstar USA (US), subsidiary of Globalstar, will market the service in the US.

Three monthly service plans will be available: a basic service, costing USDlr30/mo plus USDlr1.69/min for calls; an intermediate service, costing USDlr170/mo plus USDlr1.49/min for calls and 100 min of free calls; and a high-end service which costs USDlr370/mo, with 250 free minutes of call time and a charge of USDlr1.39/min for extra calls.

The service is being aimed at niche vertical industry markets. Worldlyinvestor.com, Web site, analyst, David Baker, said that Globalstar's price premium vs cellular services will make it difficult to woo customers.

Globalstar needs 1 mil customers to break even.

10 January 2000
Globalstar Telecommunications, satellite-based digital telecoms service provider, opened its service to US consumers in the week ending 09 January 2000, on a limited basis. Pricing plans for the US service have also been announced, prior to a planned global commercial launch before April 2000.

Globalstar handsets, made by Qualcomm, will cost USDlr1,500 for US consumers. Globalstar USA (US), subsidiary of Globalstar, will market the service in the US.

Three monthly service plans will be available: a basic service, costing USDlr30/mo plus USDlr1.69/min for calls; an intermediate service, costing USDlr170/mo plus USDlr1.49/min for calls and 100 min of free calls; and a high-end service which costs USDlr370/mo, with 250 free minutes of call time and a charge of USDlr1.39/min for extra calls.

The service is being aimed at niche vertical industry markets. Worldlyinvestor.com, Web site, analyst, David Baker, said that Globalstar's price premium vs cellular services will make it difficult to woo customers.

Globalstar needs 1 mil customers to break even

- Eric -
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext