QUALCOMM-The Wireless Wonder in 1999 Message Board

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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999

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To: GO*QCOM who wrote (261)	5/19/2000 3:11:00 PM
From: GO*QCOM	Read Replies (1) of 343

Friday May 19, 2:37 pm Eastern Time Globalstar launches Morocco's satellite phone service RABAT, May 19 (Reuters) - France's Teasam consortium started on Friday operating satellite telephone service by Globalstar Telecommunications (NasdaqNM:GSTRF - news) in Morocco, a manager said. ``We have the pleasure to announce to the public the opening of Globalstar services today .... Subscribers to GSM mobile phone with roaming option can benefit from a full coverage by satellite over Morocco's territory,'' the manager told Reuters. Morocco granted TESAM, jointly owned by France Telecom and Alcatel , a licence to extend its services to remote areas. Globalstar is a consortium of telecoms providers and equipment manufacturers that offers telephone services via 48 low orbit satellites. Loral Space & Communications (NYSE:LOR - news) has a 40 percent stake and the consortium also includes Qualcomm Inc. (NasdaqNM:QCOM - news), Alenia , Daimler Chrysler Aerospace , Hyundai and Vodaphone AirTouch (quote from Yahoo! UK & Ireland: VOD.L). TESAM operates in 30 countries and the company plans to extend its services to neighbouring North African countries of Algeria and Tunisia.

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