He seems confused about whether Iridium and Globalstar are in the same business. First he says, their "target customers are completely different". In the next sentence, he says, "Iridium’s failure was a significant positive for Globalstar since it eliminated a competitor". Both statements can't be true.
But it's true, the psychic effect of the Iridium failure is taking the toll right now. If, the big if, G can pass this period then the no competition part will kick in.
Odd that this should be considered a positive aspect of their business plan. I always thought businesses liked to be able to control their destiny.
Again you have to look it further than the pure heuristic argument. No business, I mean no business can fully control their own destiny, that thing just doesn't exist. If you are a restaurant owner, your job is to make delicious food and you can only hope people come to eat unless you are allowed to point a gun at their head. Even Shaq need supporting cast to win the championship. So by saying partners may decide the success, it means G* part is ready and now it's team work time.
A better analogy would be with Iridium. In the end, no one (no one at all) would bid anything for those satellites, so they are going to be burned up in the atmosphere. That is a powerful, unforgettable image
Yes, that is the psychic effect I'm talking about in 1)
Globalstar does not have time.
Agree totally, it's do or die time. So I think this IFN deal is very important to get the kick start. Now let's see whether G's partners have the gut to push it forward or not.
We are rapidly reaching a point of total coverage near paved roads
How about the sky? Also We are talking about a world wide market, the remote areas are still there. Again the key is execution and timing. Since G is in cooperation with the terrestrial service providers, they may not need to invest further build out in remote areas to bring in the money IF G* can get it done quick.
I'm going to start a museum, around the theme of Amazing Technology That Nobody Bought. Will you send me your sat-phone next year?
As I said it's do or die time now. Things can go either way.Whether sat-phone will be an exhibition item or another hard fought success. Time will tell |
