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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.45-1.9%12:02 PM EST

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To: pcstel who wrote (20629)12/28/2000 4:41:28 PM
From: Rocket Scientist  Read Replies (2) of 29987
 
<<Would you agree that effectively all of the regulatory approvals for the Space
Segment / Gateways and User Terminals are held "at a distance" from GLP?? >>

Yes, I believe that's true. I think LQSS is the FCC licensee, and that local SPs (several of which are investees of Loral and/or G*) control the local landing rights.

But this was true of Iridium also. The difference, of course, is that Irid had the technical capability to bypass the "local" PSTN/PTT, and some countries are willing to permit that, probably for a nominal license fee. Most "big" countries (China, Russia, US and many others) won't permit this, whether for financial reasons, to facilitate lawful intercept, or just national pride. Don't expect new Iridium to start widespread roaming until it can make "new deals" with those countries, which will often mean restarting GWs--that is to say, it has much the same problem as G* will have in a C11 scenario.
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