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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 70.32+3.0%3:59 PM EST

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To: brian h who wrote (9546)1/15/2000 10:13:00 AM
From: brian h  Read Replies (2) of 29987
 
All,

That is my type of announcement. However, which gateway is in use? Clifton, Texas? Or The Canadian one on the west coast?

Dow Jones Newswires

Globalstar To Launch Mexico Satellite Phone Svc Mon

MEXICO CITY -- Globalstar de Mexico SA said Friday it will begin selling satellite phone service Monday.


In a press release, the carrier said it had been conducting trials in Mexico since last month. It expects most of its sales in the mining, construction, oil and livestock industries; in remote areas; and among frequent travelers.Globalstar de Mexico will compete locally against Iridium LLC, which introduced service last year.
Globalstar de Mexico is owned by Loral Space & Communications Ltd. (LOR), Vodafone AirTouch Plc (VOD) subsidiary AirTouch Communications Inc. (ATI) and Principia, a Mexican company controlled by the Autrey family.
-By Elliot Spagat; Dow Jones Newswires; (52) 5726-9152;
elliot.spagat@dowjones.com

Brian H.
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