Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 56.80

+0.2%

Nov 21 9:30 AM EST

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To: Joe Brown who wrote (3795)	4/7/1999 12:58:00 PM
From: Rocket Scientist	Read Replies (2) of 29987

Joe Brown: I don't think G, much less Iridium, is targeting primarily the "3 Billion people without a phone." Such a statement should be taken just as a reminder that there are tremendous numbers of people and places on the planet grossly underserved by the existing telecomm infrastructure. Of course the vast majority of them cannot afford G or Iridium service. But 1% of 3 billion represents more than the combined capacity of Iridium and G. And I do believe that 30M people work in, live in or travel to places where the existing infrastructure, especially for mobile phones, is grossly deficient, and will find that G (and sometimes Iridium) is both affordable and worth the money. I don't have a demographic study to prove the above, just my personal experience and judgement based on it Regards, RS

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