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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 46.93

-6.9%

Nov 4 3:59 PM EST

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To: defendall who wrote (12107)	5/3/2000 7:31:00 PM
From: JGoren	Read Replies (4) of 29986

Satellite phones receive vote of no confidence from EU By Alan Osborn, Total Telecom 03 May 2000 The executive arm of the European Union, the European Council of Ministers, has virtually written off satellite phones as a mass market mobile system in the face of the expected rise of 3G systems. The council postponed a decision on a co-ordinated approach by the 15 EU countries until the end of 2003. A decision had been due by 13 May under a procedure begun in 1997. The postponement gives the EU time to re-consider the whole matter of satellite phone frequencies, an area where many member states are losing interest on the grounds that the technology is "old" and of decreasing importance. The subject is set to be discussed at the upcoming World Radiocommunications Conference in Istanbul beginning on 8 May. But EU officials told Total Telecom that they now "doubt" whether any EU country is enthusiastic about pressing for a satellite phone frequency agreement, given the pace of technological advances in other areas of phone communications. Indeed, there was a brief informal exchange at Tuesday's council meeting when a number of ministers said that the growth in mobile phone technology, including the development of WAP phones and 3G services, would make satellite phones obsolete. There were also references to problems with the Iridium service. "Ministers were reluctant to dismiss satellite phone technology out of hand however and so the postponement was agreed as a means of keeping the subject technically alive for the next year or two," said an EU Council spokesman. [FN] totaltele.com [my footnote] That means, we will wait until G* goes under and Europe can offer its own sat phone.

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