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

To: Jeff Vayda who wrote (6414)	8/11/1999 9:01:00 AM
From: Valueman	Respond to of 29987

Actually, it sounds like they want 40 to start the show(no doubt to provide better coverage to mega-market Brazil). No explanation yet as to how they intend to fill the planes after this Delta launch and how long it will take.

To: Jeff Vayda who wrote (6414)	8/11/1999 6:27:00 PM
From: djane	Respond to of 29987

Why would a person/company/govt agency buy an I* phone and start service in the midst of possible bankruptcy/service interruption? The lost confidence of current and potential customers in I* is very damaging. As Cramer did, I'm sure other I* customers are alleging service problems and trying to return their phones for a refund at this point. ____________________________________ (added this excellent G* yahoo message after posting my above comments...) Top>Business & Finance>Investments>Sectors>Services>Communications Services>GSTRF (Globalstar Telecommun.) Limited Market- Now G* has it to itself by: EEEngineer99 9540 of 9540 I can't see any way that Iridium will be able to focus on business in the short term. Who is going to invest in an Iridium phone with all the bad publicity going on with I*. Iridium's failure has nothing to do with the sat phone market and everything to do with management failures and big egos. I can't see Motorola working with Vulture Bond people. They have had to really anger Motorola by now. What do you people think? With long-distance rates going closer to 0 cents a minute, maybe Globalstar did have a good idea to haul the completion of the call over regular phone lines. It looks like less and less of the cost of the call will be in the landline connection. Iridium does have a very impressive space system, but they are going to have to change their name if they stay in business. Iridium just doesn't bring up good mental images anymore. It would take a large advertising budget to reverse their image now. And I don't think they have the money to do it with. Posted: 08/11/1999 06:15 pm EDT as a reply to: Msg 9538 by jp3jp3

To: Jeff Vayda who wrote (6414)	8/11/1999 9:10:00 PM
From: djane	Read Replies (1) \| Respond to of 29987

*China Telecom To Be Sole Distributor of Globalstar Services in China [No new info but, heck, doesn't it sound good? :-) djane] (8/11/99) Globalstar, an international satellite communications consortium founded by Loral Space & Communications and in partnership with China Telecom (HK), announced on July 25 that it had successfully launched another four satellites, raising its total number of satellites in orbit to 32, according to the August 4 Tongxin Chanye Bao (Telecommunications Industry News). With the most recent launches, Globalstar has reached the minimum number of satellites stipulated in its business plan for the end of Sept. China Telecom, a subsidiary of China's Ministry of Information and Industry (MII), will act as the sole distributor of Globalstar services in China. The company will own and operate three planned Globalstar ground stations and will be responsible for interconnecting the Globalstar system with China's existing fixed line and wireless infrastructure. According to specialists at Globalstar, the 32 satellites should cover the entire earth. Although the orbiting network cannot provide maximum, full-service telecom capabilities at this moment, it should be able to handle the low business volume expected at start-up. During the next few months, Globalstar will launch another 20 satellites to complete the deployment of a total of 48 main satellites and four standby satellites. In China, Globalstar uses the Internet access number 134. After planned upgrades the prefix will include the extra digit ?9.? In the fourth quarter of this year, Ericcson QUALCOMM Inc. and TELITAL will beginning supplying special handsets to be used with the Globalstar service. Production capacity is expected to reach 40,000 sets per month by the beginning of 2000. Beijing Gateway will be among the first group of Globalstar communication gateways to go into operation. The system is undergoing trials and call testing right now. The testing of the entire network should be completed by the end of August. When Globalstar begins operating this year, it will initially only provide voice communication capabilities. Data, fax and localized services will be available in 2000. Globalstar is a consortium of leading international telecommunications companies which began working together in 1991. Comprised of 13 major companies, Globalstar has signed agreements to market its services in more than 120 nations around the world. The consortium?s worldwide partner base and constellation of 48 satellites work together to connect users to local fixed line and wireless services. The company?s ultimate goal is to provide global roaming, cellular extension, and remote fixed services to all market segments, virtually anywhere on the planet. Globalstar's service providers and partners have agreed to conduct operations in over 100 countries. Each service provider has exclusive rights to offer Globalstar services, obtain all necessary regulatory approvals and own and operate the gateways necessary to serve their respective markets. In addition to China Telecom, other Globalstar partners include Qualcomm Incorporated, AirTouch Communications, Alenia, DACOM, DaimlerChrysler Aerospace, Elsacom (a Finmeccanica Company), TE.SA.M (a France Telecom/Alcatel company), Hyundai, Space Systems/Loral and Vodafone ChinaOnline does not endorse external web sites. ¸ ChinaOnline 1999.