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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Dragonfly who wrote (1600)4/17/1999 9:15:00 PM
From: Moominoid  Read Replies (1) of 2693
 
I'm not being dogmatic here I am trying to learn. From what I had understood Globalstar would cover ocean areas. Is this wrong? I have said several times that you need a satellite phone in most of Australia and PNG. Only metropolitan areas and principal highways in the coastal region have much cellular coverage. If you go up in the mountains I can see from my office window in the centre of the capital city you won't be able to use a cellular phone. But if it is true that Globalstar really will cover all of 70N to 70S then only a small number of potential customers would need the extra coverage provided by Iridium.

David
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