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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 54.41+7.1%Oct 31 9:30 AM EST

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To: Rocket Scientist who wrote (11080)4/13/2000 8:23:00 PM
From: Rocket Scientist  Read Replies (2) of 29986
 
Well, as predicted in post 11080, G* has finally replaced the list of 64 countries with "expected coverage as of April" with a list of 77 countries with "expected coverage as of June".

globalstar.com

Still no clear statement as to where service is available NOW, nor between which countries/regions roaming is supported. They do provide a map showing countries "in service" as of April 30, June 30 and December 31.

globalstar.com

Comparing the new list of 77 with the old list of 64, one country (Saudi Arabia) is removed (maybe by mistake, because the map shows it "in service" by June 30) and 14 countries added. The 14 are Botswana, Bosnia-Herzegovina, Colombia, French Guiana, Guadeloupe, Guyana, Hungary, Macedonia, Malta, Martinique, Mozambique, Paraguay, Peru and Suriname.

Disappointingly, but not too surprisingly, the map shows coverage in Peru, Russia and NE China (from Beijing) only after April 30. Compared to the map that was (briefly) available on the Globalstar N. Europe site, several countries have slipped start dates from "by April 30" to "by June 30," including Peru, Namibia, Botswana, Zimbabwe, Morocco, (though TESAM has said this is in service now), Tunisia, Russia, China, UK and Ukraine.

The map shows Belarus, the Baltic states and Iraq(!) in service by June 30, though they are not on the list of 77 countries.

All in all, a rather disappointing effort both in form and substance, though an improvement over the stale and unbelievable list it replaced.

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