Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.25

+6.2%

Dec 19 9:30 AM EST

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To: djane who wrote (4466)	5/5/1999 2:54:00 AM
From: djane	Read Replies (1) of 29987

Thrane and Thrane Signs Contract with ICO Thrane and Thrane A/S, a Danish manufacturer of satellite communication equipment, signed a contract with ICO Global Communications, a global mobile communications company, for the development and supply of terminals for remote businesses and residential housing. The terminal targeting remote businesses will include display, keyboard, DC supply and an antenna located up to 80 meters away. The terminal targeting remote residential housing will not include display and keyboard, which are expected to be supplied locally, according to the company. The features will be digital voice, fax, and data services. Thrane and Thrane prices for both products are expected to be below $1,500.

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