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

To: David Wiggins who wrote (7522)	9/23/1999 7:12:00 PM
From: Rocket Scientist	Respond to of 29987

Iridium in Malawi article at cellular.co.za Interesting extract: "If Malawi is to grow as a country, it needs to connect with the rest of the world. "Economies grow by people talking to each other and developing opportunities...GMPCS (Global Mobile Personal Communications by Satellite) services, as offered by Iridium, will not only provide African countries - such as Malawi - with access to the world, but it does so without requiring governments to invest in costly telecommunications infrastructures." [quote from Iridium Africa Marketing Manager Derek Oehley] It has been estimated that it costs an average of US$750 for every telephone line installed in Africa. But, says Oehley, cost is only one of many factors that will make it difficult for governments and telecommunications operators to even contemplate universal access or dedicate large amounts of capital for telecommunications expansion. Iridium Africa, a privately owned affiliate of the Mawarid Overseas Company, has to date obtained over 40 licenses to operate its system in Africa, a move which shows Africa recognises the benefits of a satellite telephone for increasing industrial efficiency.