Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: djane who wrote (7410)	9/16/1999 12:18:00 PM
From: djane	Read Replies (1) \| Respond to of 29987

Venezuela - G* Start-up 1/00 (via G* yahoo thread) Top>Business & Finance>Investments>Sectors>Services>Communications Services>GSTRF (Globalstar Telecommun.) Venezuela - G* Start-up 1/00 by: laffingallwaytobank (32/M/Maui, HI) 12732 of 12739 Globalstar to start up January 2000 September 16, 1999 -------------------------------------------------------------------------------- Venezuela - SABI via NewsEdge Corporation : The satellite telephone services company Globalstar, represented in Venezuela by Tesam, is to start operations by January 2000, after to have invested locally US$30mil in infrastructure, inclusive a land station at Mamporal, Miranda state. This facility will cover Venezuela, the Caribbean, Colombia, and Northern Brazil. Land connections with three antennas will give Tesam capacity to handle up to 300,000 users. Testing will begin in October on an experimental basis and selectedcustomers. Distribution of lines will be made directly by Gobalstar and also through Telcel and Movilnet targeting mainly the oil and defense sectors, while US$1mil advertising investments are planned for next year. -0- Posted: 9/16/1999 11:12 am EDT as a reply to: Msg 12731 by dskdrv1