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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.88+5.4%Nov 24 3:59 PM EST

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To: Oliver Schonrock who wrote (3148)2/26/1999 10:01:00 PM
From: Drew Williams  Read Replies (1) of 29987
 
I think you are missing two points.

First, the way the Globalstar handsets will work is to default to the cellular / PCS network whenever possible. So, whenever possible, you will be paying the same low low rates you are used to, except you will be doing it on a slightly larger handset.

My other point is the obvious Swiss Cheese nature of the existing cellular / PCS networks even in relatively dense population centers. I live in suburban Philadelphia and use both the Comcast (using the phone my employer provides) and Bell Atlantic (using the phone my wife's company provides) networks. Holes all over the place, although things are a lot better than they used to be.

The local telco's also see this as a way they can avoid having to build infrastructure in relatively remote areas that will never have the critical population mass necessary to support a cellular / PCS system. If there are only twelve people per square mile, it is certainly less expensive to provide service via Globalstar than to either run copper or build a tower.
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