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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: djane who wrote (5421)	6/28/1999 6:14:00 PM
From: Rocket Scientist	Respond to of 29987

By looking through old G* press releases, and service provider web pages, and with help from Valueman, I've again updated the GW status. I can now count 38 Gateways in various stages of development, according to various releases. There remain a few notable holes (India and neighboring countries) and some inexplicable overlaps (why four GWs in Central America), but to the best of my knowledge this is the latest official info; updates appreciated. Location, operator, status, reference 1. Clifton (between Dallas and Austin, Texas) AirTouch, Operational, 1 2. Smith Falls (Ontario,Canada), Cancom/AirTouch/Loral, Operational, 2 3. Aussaguel (France), TESAM, Operational,1 4. Bosque Allegre (central Argentina, near Corduba), TESAM, Operational,1 5. Yeoju (S. Korea), DACOM, Operational,1 6. Delareyville (S. Africa), Vodafone, "H/W installed," 3 7. Brazil 1, Globalstar do Brazil, unknown (see Note 5) 8. Beijing, China Telecom, "H/W installed," 3 and Note 1 9. Avezanno (Italy), Elsacom, "H/W installed," 3 10. High River (near Calgary, Alberta, Canada), Cancom/AirTouch/Loral,"H/W installed," (Ref 3) planned oprtnl 11/99 (Ref (6)) 11. Finland, Elsacom, unknown (see Note 4), planned oprtnl 12/99 (Ref (6)) 12. Chanutagua (Venezuela), TESAM, unknown, 5, planned oprtnl 12/99 (Ref (6)) 13. Dubbo (New South Wales, Australia), Vodafone, Operational,1 (see Note 2) 14. Meekatharra (Western Australia), Vodafone, unknown, 4 15. Mt Isa (Queensland, Australia), Vodafone, unknown, 4 16. Puebla (Mexico), JV of AirTouch/Loral/TelAutrey, unknown (see Note 3) 17. Brazil 2, Globalstar do Brazil, unknown Planned oprtnl Spring 2000 (Ref (6)) 18. Brazil 3, Globalstar do Brazil, unknown Planned oprtnl Summer 2000 (Ref (6)) 19. Chicunta (Columbia), TESAM, unknown, 5 20. Lurin (Peru), TESAM, unknown, 5 21. Ogulbey (near Ankara, Turkey), TESAM, unknown, 5 22. Guangzhou, China Telecom, Unknown, 11 23. Lanzhou China Telecom, Unknown, 11 24. Moscow, Russia, Globaltel (JV of Globalstar and Ros Telcom), unknown, 7 25. Novisibersk, Russia, Globaltel (JV of Globalstar and Ros Telcom), unknown, 7 26. Khabarovsk, Russia, Globaltel (JV of Globalstar and Ros Telcom), unknown, 7 27. Taiwan, Chunghwa Telecom, unkown, 8 28. East Africa (Kenya and seven others), MTA, unknown 29. Malyasia, airTouch/SimeDarby, unknown 30. Iceland, North Atlantic, Martel, Ehf, unknown, 13 31. Central America (Panama and nine others)-1, Globalstar Americas, unknown, 9 32. Central America (Panama and nine others)-2, Globalstar Americas, unknown, 9 33. Central America (Panama and nine others)-3, Globalstar Americas, unknown, 9 34. Central America (Panama and nine others)-4, Globalstar Americas, unknown, 9 35. Riyadh, Saudi Arabia, TATCOM, unknown, 12 36. Indonesia, Airtouch/PTIS, unknown, 10 37. West Africa, Globaltouch Holdings, unknown 38. Middle East (Gulf states), AlMurjan, unknown References 1. 11/98 "Backgrounder" 2. 1/5/99(?) Shareholder's letter 3. G* Website, 6/99 (see Note 2) 4. Vodafone press release 6May99 5. TESAM press Release 6. Valueman, post #4990 7. globaltel.ru 8. globalstar.com 9. globalstar.com 10. globalstar.com 11. globalstar.com 12. globalstar.com 13. globalstar.com Note 1. Per 11/98 "Backgrounder", three GWs in addition to Beijing planned Note 2. G* Website fails to count Dubbo, Australia in its list of "nine GWs operating or with h/w installed;" BLS also didn't count Australia in 5/99 S/H address Note 3. Per 11/98 Backgrounder, Puebla "recently selected;" in 2/99 cc, BLS said Mexico would have one of first eight GWs Note 4. In cc, Elsacom said both its Italian and Finnish GW would be operational by 9/99 Note 5. Said by BLS at 5/99 S/H mtg to be among the first nine GWs operational

To: djane who wrote (5421)	6/28/1999 7:24:00 PM
From: djane	Read Replies (2) \| Respond to of 29987

AW&ST Market Focus on I* and ICO aviationweek.com ANTHONY L. VELOCCI, JR/NEW YORK Iridium World Communications Ltd. shares advanced 2 3/4 to close at 13 1/16 on the Nasdaq last Wednesday. Investors obviously were heartened by the company's decision to reduce prices of Iridium handsets and establish a lower, simpler uniform pricing structure for domestic, international and handset-to-handset calls. But whether the troubled mobile satellite service provider is truly in a sustainable recovery remains to be seen. (Iridium's stock price recently plummeted to less than 5 from more than 61 after investors suffered a crisis confidence in the high-stakes venture; the number of new subscribers in the second quarter didn't even come close to early projections by Iridium management.) From Merrill Lynch analyst Thomas Watts' perspective, the pricing moves signify a commitment by Iridium's handset supplier to the project, and makes it more likely that Motorola--a principal investor--will maintain financial support as Iridium attempts to restructure its substantial debt. Effective July 1, Motorola and Kyocera are expected to lower wholesale prices on handsets to $500-700, which probably will translate into retail prices of less than $1,000--a drop of more than 65% from the prior figure of $3,000. The positive marketing moves notwithstanding, Iridium must provide a smaller and lighter phone before it can capture the broader demand necessary to achieve the volume of cash flow it needs, according to Watts. For now, the company intends to focus solely on vertical markets. These include maritime, military, agriculture, government, disaster relief, aeronautics and forestry. The key to an increase in Iridium revenues will be how much the more attractive pricing stimulates new subscriptions in these vertical markets, he said. While research has suggested customers in vertical markets could use up to 400 minutes a month, and while we have assumed 100 minutes a month, initial month's usage levels have been closer to 30 minutes, Watts said. Assuming Iridium now has the pricing right, the big question is whether banks, bondholders, Motorola and other strategic investors can agree on a plan that avoids bankruptcy. Iridium believes a restructuring could be completed by June 30. Watts thinks it will take longer. Meanwhile, potential rival ICO Global Communications Holdings Ltd. last week announced that its rights offering, previously scheduled to be completed on June 24, has been extended to July 27. As of June 18, ICO had received subscriptions totaling less than the $500-million minimum required to complete the offering. Several alternatives are being considered for use in raising the additional money ICO will need to fully deploy its satellite-based communications system. These include amending the price of the offering and the number of shares involved, and possibly seeking outside investors. © June 28, 1999 The McGraw-Hill Companies, Inc.