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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 46.93-6.9%3:59 PM EST

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To: Souze who wrote (11064)3/21/2000 2:12:00 PM
From: Rocket Scientist  Read Replies (2) of 29986
 
Globalstar in Panama

EPASA, a Spanish language newspaper in Panama available on line notes opening of service in Central America in an article dated March 16. I wonder when G* Public Relations will see fit to make an announcement.....

epasa.com

Translation courtesy of Alta Vista Babblefish.

I assume the reference to 50M subscribers in the article is to existing wireless subscriber base of the founding G* partners, though it's not very clear....

"Globalstar sends sat‚lital telephone in Panama

Viodelda Barr¡as The Panama America

The international partnership Globalstar Americas Corp announced yesterday in
press conference the commercial launching in Panama of the service of telephony
satelite, designed and destined to provide services to people who by its works or
likings move in areas that are not covered by the cellular telephony.

This system of communication is based on a technological assembly integrated by
48 active satellites and 8 of supports, in addition to 60estaciones lands, one of
them located in Nicaragua to cover the Central American area.

The signal of Globalstar, that it initiated operations the 11 of October of the last
year, covers almost all the planet with exception with the poles, with satellites of
low orbit, by means of a system by means of which a call is covered by four
satellites at the same time to assure a reliable service, Raul Estripeaut informed,
president of the partnership.

As far as the prices, the general manager for America Center, Juan Ramon Clubs
Boyd assured that they will be very accessible for the user, without detailing the
amounts, although she indicated that they will offer financing facilities to acquire
the satelite telephones, or are these fixed moving bodies or, which in his opinion
will allow that the Panamanian market has easy access to the service.

The executives informed that until December of 1999 they had more than 50
million subscribers in Europe, Asia, Africa, Latin America and the Caribbean.

Global Limited Partnership was founded on 1991 with base in California, the
United States and is a partnership integrated by companies leaders in the branch
of the telecommunications.

The project is headed by Loral Space & Communications and Inc. Qualcom
although also participate like strategic partners Alenia Aerospazio, China
Telecom, DACOM, DaimlerChrysler Aerospace, Elsacom, Hunday, Vodafone
AirTounch France Telecom and Alcatel."

"Globalstar lanza tel‚fono sat‚lital en Panam 

Viodelda Barr¡as
El Panam  Am‚rica

El consorcio internacional Globalstar Americas Corp anunci¢ ayer en conferencia de
prensa el lanzamiento comercial en Panam  del servicio de telefon¡a satelital,
dise¤ado y destinado para proveer servicios a personas que por sus trabajos o
aficiones se mueven en  reas que no son cubiertas por la telefon¡a celular.

Este sistema de comunicaci¢n est  fundamentado en un conjunto tecnol¢gico
integrado por 48 sat‚lites activos y 8 de soportes, adem s de 60estaciones terrenos,
una de ellas ubicada en Nicaragua para cubrir el  rea centroamericana. La se¤al de Globalstar, que inici¢ operaciones el 11 de octubre del a¤o pasado,
cubre casi todo el planeta con excepci¢n de los polos, con sat‚lites de baja ¢rbita,
por medio de un sistema mediante el cual una llamada es cubierta por cuatro sat‚lites
al mismo tiempo para asegurar un servicio confiable, inform¢ Ra£l Estripeaut,
presidente del consorcio.

En cuanto a los precios, el gerente general para Centro Am‚rica, Juan Ram¢n
Porras Boyd asegur¢ que ser n muy accesibles para el usuario, sin detallar los
montos, aunque se¤al¢ que ofrecer n facilidades de financiamiento para adquirir los
tel‚fonos satelitales, ya sean estos m¢viles o fijos, lo que a su juicio permitir  que el
mercado paname¤o tenga f cil acceso al servicio.

Los ejecutivos informaron que hasta diciembre de 1999 ten¡an m s de 50 millones
de suscriptores en Europa, Asia, Africa, Am‚rica Latina y el Caribe.

Global Limited Partnership fue fundada en 1991 con base en California, Estados
Unidos y es un consorcio integrado por compa¤¡as l¡deres en la rama de las
telecomunicaciones.

El proyecto est  encabezado por Loral Space & Communications y Qualcom Inc
aunque tambi‚n participan como socios estrat‚gicos Alenia Aerospazio, China
Telecom, DACOM, DaimlerChrysler Aerospace, Elsacom, Hunday, Vodafone
AirTounch France Telecom y Alcatel."
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