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Technology Stocks : George Gilder - Forbes ASAP
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To: Jack Hartmann who wrote (2981)2/29/2000 9:11:00 PM
From: UUplink  Read Replies (1) of 5853
 
Have a look at the G* thread on SI if you would like direct info on customer experiences.

A key point is the economic value added by satellite telephoney today in developing areas of the world where no telephone service is available. Communication breeds economic opportunity and vice versa. Perhaps there may someday be cellular or wireline competition in the mining camps of Brazil or the outback of Australia. More likely IMO is that satellite systems will continue to offer the only viable service solution for many of these areas--particularly as satellite-based service costs decline (e.g. through cheaper launch vehicles, improved satellite technology, cheaper ground segment costs etc.)

There was even a story in the Washington Post a few weeks ago about a doctor working on the outskirts of Mexico City who used the satellite phone to stay in contact with his office because the local wireline service is so poor.
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