Globalstar Telecommunications Limited GSAT Message Board

STOCKTALK

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.

Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.15

-5.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: brian h who wrote (10085)	2/14/2000 11:30:00 AM
From: Ibexx	Read Replies (1) of 29987

Monday February 14, 11:16 am Eastern Time Mexico's Iusacell and Globalstar in satellite phone deal MEXICO CITY, Feb 14 (Reuters) - Nuevo Grupo Iusacell, Mexico's second largest cellular operator, will start marketing satellite phone services and products from Globalstar de Mexico, provider of Globalstar Telecommunications (NasdaqNM:GSTRF - news). The two firms said in a news release Monday that Iusacell (NYSE:CEL - news) will offer customers Globalstar satellite telephone systems that use land-based CDMA (code division multiple access) technology for communications within the cellular coverage area of Iusacell. The Mexican firm also will offer Globalstar's services where cellular coverage is unavailable. ``The Globalstar systems are trimodal, and they provide CDMA, analog and satellite digital transmissions in a single terminal unit,' said Amaury Rivera, Iusacell's vice president of marketing. Iusacell, managed and operated by subsidiaries of U.S. phone firm Bell Atlantic (NYSE:BEL - news), had some 1.1 million suscribers as of September 30, and is second to market leader Telcel, the cellular unit of former monopoly Telefonos de Mexico (Telmex) (NYSE:TMX - news). Telcel reported 5.272 million users by the end of 1999. biz.yahoo.com Ibexx

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next