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Technology Stocks : Nextwave Telecom Inc.

WAVE 7.660

-6.1%

Nov 13 3:58 PM EST

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To: Maurice Winn who wrote (554)	11/15/2001 5:50:30 PM
From: Maurice Winn	Read Replies (1) of 1088

Mq, talk about salesman's sixth sense! <Allen Salmasi can go shopping with something over $4bn. QUALCOMM has a stack of cash too. He invented Globalstar. Globalstar is in big trouble because of [primarily] a lack of money. Globalstar has a lot of spectrum which could be used in a Big Mac Combo Terrestrial + Satellite in one handy phone.> While you were writing that, the Unofficial Bondholders Committee was about to deliver such a proposal to the Federal Communications Commission: gullfoss2.fcc.gov Stamped "Received 22 October". So it seems that perhaps there will be a Nextwave/QUALCOMM/Vesper nexus to deliver CDMA via Globalstar in an economic way via both terrestrial and space connections. With the Globalstar denouement now upon us, we will soon know which direction things will go. Let's hope they aim at 10c or 20c per minute though I fear they will continue their failed 20th century telecom monopoly pricing paradigm with few users at high prices instead of using the capacity to benefit many users at low prices with very high minutes used per subscriber. They will be fixated on the idea that prepay is bad and they'll try to get people on post-paid accounts to improve ARPU and other telecom jargon instead of maximizing revenues and profits with minimal costs. Prepay does away with credit problems. I hope the FCC grants the ATC authorisation, but only on condition that New Globalstar charges a maximum price to subscribers, when the system is loaded to less than 50% capacity at any particular gateway, of US20c a minute. If loaded to more than 50% capacity at a gateway, New Globalstar should be able to charge anything they like at that gateway. Mqurice

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