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

To: Jim Parkinson who wrote (7780)	10/10/1999 2:04:00 PM
From: Mazman	Respond to of 29987

RASCOM plans satellite booths for Africa 8 October 1999 totaltele.com The Regional African Satellite Communications Organisation (Rascom), group with members from 43 African nations, is planning to install a network of solar-powered phone booths across Africa, which will be linked wirelessly to a satellite system. The aim is to install a phone in every village, so even the most remote areas have access to modern telecoms facilities. According to Goundre Adaja, general director of Rascom, a call using the network will cost around US$0.10/min. Each phone booth will cost US$1,000, with investment of US$1.2 billion for the satellite infrastructure. While Rascom is building its satellite network, an underwater fibre optic cable is being built at the same time from Europe to SE Asia, around Africa. This underwater cable will go live in 2001 with a capacity of 4.83 million calls or 8,000 digital TV signals. There are just 14 million phone lines across the whole African continent for a population of 700 million people. South Africa boasts the continent's most modern telecoms infrastructure with 4.8 million phone lines and 2.5 million mobile phones for a population of 37.9 million people. A phone line in Africa costs US$750, against US$300 in China.