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

To: Rocket Scientist who wrote (5585)	7/7/1999 8:20:00 PM
From: David Wiggins	Read Replies (1) \| Respond to of 29987

From Airtouch website: AirTouch also has rights to provide Globalstar service in North America and parts of East Asia. It will sell the service through AirTouch stores and AirTouch's direct sales force, as well as other wireless retailers and specialty service providers. Keeping prices competitive, service is expected to be about $1.50 per minute (retail) Portable handsets Dual and tri-mode phones expected retail price around $1,000. Initial weight about 12 oz.In Globalstar mode, first generation handsets are expected to have one to two-hour talk time, and at least eight hours standby time. Fixed phones Pay phone service in rural communities where wireline and cellular service does not exist.Expected to retail for around $2,000 - $5,000. ------------------------------- Service Provider Segment Venture name AirTouch Satellite Services AirTouch interest U.S. - 100% Caribbean - 100% Canada - 25% Mexico - 25% Key partners Canada: Canadian Satellite Communications Inc. (Cancom) and Loral Space & Communications Ltd. Mexico: Telefonica Autrey S.A. de C.V, one of Mexico's and Loral Space & Communications Ltd. AirTouch role: Exclusive service provider in North America (Canada, U.S., Mexico, The Caribbean) and East Asia, (Japan, Malaysia and Indonesia). Buy wholesale minutes from Globalstar Build and maintain ground segment of the network (gateways). Establish distribution channels, billing and customer care services, and market Globalstar app.airtouch.com Regards, Dave