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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.62-4.7%Jan 30 9:30 AM EST

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To: FJB who wrote (14188)7/5/2000 4:23:01 PM
From: Rocket Scientist  Read Replies (1) of 29987
 
Sweden and Ukraine are working, but pre-commercially, it seems.

From the G*Northern Europe PR:

"Together with Ericsson, who is a manufacturer of Globalstar Satellite telephones, Telia
Mobile starts pre-operational trials during the “Gotland Runt” Baltic boat race, July 2-8.
Commercial launch of Globalstar is scheduled to take place early September 2000. "

From the Kievstar home page:

"Commercial launch of the service is expected from the
beginning of July. "

I'd agree that Russia alone is about as important as all the other 18 countries put together. Still, there's a certain psychological boost from filling in each gap in the coverage map. Why G* and its partners don't make a bigger PR push when each country opens up is an enduring mystery.

Of course, maybe it's embarrasing to them that the actual rollout is so far behind recent "plans." Of the 26 countries forecast in the May 16 Investors Brief as coming on line in May and June, only seven actually did, according to the just published list. Of the seven, four are tiny markets for G* (UK, Bermuda, Gibraltar, Andorra) and two (Peru and Honduras) show no local evidence of activity; leaving China as the one bright spot since mid May. I sure hope that a lot of the countries scheduled on line "by" 9/30 are actually up well before that....else it's going to be a long summer.
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