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


To: Rocket Scientist who wrote (5565)7/7/1999 8:00:00 AM
From: SafetyAgentMan  Read Replies (2) | Respond to of 29987
 
ERICSSON: World's smallest, lightest dual-mode satellite phone introduced for Globalstar service Source: M2 Presswire M2 PRESSWIRE-23 June 1999-ERICSSON: World's smallest, lightest dual-mode satellite phone introduced for [Globalstar] service (C)1994-99 M2 COMMUNICATIONS LTD * Dual-Mode Satellite/GSM Phone, Designed and Built by Ericsson, Will Enable Telecom Service to Virtually Anywhere LONDON, UK -- Globalstar achieved an important milestone today, with the unveiling of the Ericsson R290 satellite phone, designed specifically to work with Globalstar's satellite-based digital telecommunications system. The Ericsson R290 dual-mode GSM/satellite phone, weighing only 350 grams (11.9 ounces) - the equivalent weight of many people's wallets - will allow users to send and receive voice communications virtually anywhere in the world. Globalstar will use Ericsson's existing cellular phone distribution network to make the new phone available to customers later this year. "Soon, no matter where you go, you'll never be out of touch -- and you won't be weighed down," said Anthony J. Navarra, executive vice president and acting chief operating officer of Globalstar. "The Ericsson R290 phone will give subscribers a light, compact, easy-to-use device designed to meet all of their telecommunications needs practically anywhere in the world." This announcement follows on the heels of two other Globalstar milestones: an agreement with Telital, under which Telital will also manufacture dual mode satellite phones for GSM markets; and the recent approval of the Qualcomm fixed-location telephone for use throughout the European Union. Qualcomm also is manufacturing tri-mode telephones for the North and South American market. These milestones help pave the way for Globalstar to begin a progressive roll-out of its services in the third quarter of 1999. Slim, Simple Satellite Telephone With the R290, subscribers will use just one mobile phone and one mobile phone number to make and receive telephone calls, where service is available - whether they're travelling around the world, or working in areas with little or no traditional fixed or cellular telephone service. The Globalstar system will also allow data and fax functions next year. The phone will provide comprehensive coverage wherever Globalstar services are offered. The phone can be set to operate in four modes: satellite only, satellite preferred, GSM only and GSM preferred. Users who travel to areas where there is no cellular coverage, limited roaming or capacity limitations can use the phone in satellite mode to ensure connectivity. Globalstar subscribers will receive one bill to cover both satellite and cellular calls. Globalstar's service providers in GSM markets have contracted with Ericsson to manufacture R290 series handsets by the end of 1999. Ericsson will also offer useful accessories designed to simplify and complement R290 use, including a car kit with a hands-free option and portable hands-free earphones, as well as carrying cases. About Globalstar: Globalstar (NASDAQ: GSTRF), led by founding partner [Loral Space & Communications], is a partnership of the world's leading telecommunications service providers and equipment manufacturers, including Qualcomm Incorporated, AirTouch Communications, Alcatel, Alenia, [China Telecom] (HK), DACOM, DaimlerChrysler Aerospace, Elsacom (a Finmeccanica company), France Telecom, [Hyundai], Space Systems/Loral and Vodafone. For more information, visit Globalstar's web site at globalstar.com. About Ericsson: Ericsson is the leading provider in the new telecommunications world, with communications solutions that combine telecom and datacom technologies with freedom of mobility for the user. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for its customers - network operators, service providers, enterprises and consumers - the world over. For more information, visit Ericsson's web site at ericsson.se. Note to editors: A high definition electronic photo of Ericsson's R290 phone can be found at the Ericsson pressroom website noted above. CONTACT: Cass Meaden Tel: +44 (0)171 351 2400 e-mail: cmeaden@gciuk.com Jeanette Clonan Tel: +1 212 338-5658 e-mail: jeanette.clonan@hq.loral.com *M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR INFORMATION PROVIDED WITHIN M2 PRESSWIRE. DATA SUPPLIED BY NAMED PARTY/PARTIES.* (Copyright 1999)



To: Rocket Scientist who wrote (5565)7/7/1999 6:46:00 PM
From: TMann  Read Replies (1) | Respond to of 29987
 
Rocket: Thanks for easing my fears concerning Vodafone. I assumed that VOD had given up their contract/agreement as service provider for HK, Sweden, Greece, Malta, UK; leaving them only Australia and South Africa. Perhaps they are using other European gateways and will still provide marketing and customer support for these areas; but it is still unclear. If Vodafone is retracting from marketing and providing service for these areas I view it as a big negative, G* will need all the drummers they can get pushing the product. It is a relief to see the Vodafone Australia web pages touting the service. Perhaps you are right, they may be waiting on completion of all gateways before initiating service in early 2000. I look forward to more details regarding marketing plans by the service providers. Based on what I've heard about pricing, availability, etc from Air Touch, I'm as disappointed as others posting here. Let's hope it gets better.
When are we going to cut a deal with some big names like Sprint PCS, AT&T, Primeco, or Bell Atlantic????????