I think Maurice was talking about the phone, and, especially, airtime prices...not the stock price.
But, responding to M's frequent rants that G* service isn't priced optimally, I'd observe that in the US, the retail distributors compete with one another, and that competition is already producing apparent winners and losers.
The prices for several US distributors are available on their web pages. GMPCS has for a long time been cheaper by 10-20% than all others, plus more aggressive in rolling out Iridium tradeins and other specials, plus it has published LD and roaming rates and has a phone lease plan, many of which its competitors lack.
Guess what: GMPCS says (and Jon Koplik and some other posters seem to confirm) it's very, very busy. Unfortunately, it's a small enough firm that "very busy" may mean only a few dozen subs per day signed up...it's hard to tell. But, by all accounts, its share of the G* business plan is well ahead of expectations. Sooner or later it's US competitors will wake up to the fact GMPCS is eating their lunch, and prices will sink to a point that all (successful distributors) are "very busy." Maybe that's already happening...
G* USA distributors are listed here:
globalstarusa.com
Special offers in effect are summarized here:
globalstarusa.com
It would be interesting to call the other distributors and ask them why they don't match GMPCS' pricing. Maybe they already have all the business they can handle. (Maybe they're just stupid or lazy!)
Inquiring shareholders want to know... |
