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

To: brian h who wrote (10085)	2/14/2000 11:30:00 AM
From: Ibexx	Read Replies (1) \| Respond to of 29987

Monday February 14, 11:16 am Eastern Time Mexico's Iusacell and Globalstar in satellite phone deal MEXICO CITY, Feb 14 (Reuters) - Nuevo Grupo Iusacell, Mexico's second largest cellular operator, will start marketing satellite phone services and products from Globalstar de Mexico, provider of Globalstar Telecommunications (NasdaqNM:GSTRF - news). The two firms said in a news release Monday that Iusacell (NYSE:CEL - news) will offer customers Globalstar satellite telephone systems that use land-based CDMA (code division multiple access) technology for communications within the cellular coverage area of Iusacell. The Mexican firm also will offer Globalstar's services where cellular coverage is unavailable. ``The Globalstar systems are trimodal, and they provide CDMA, analog and satellite digital transmissions in a single terminal unit,' said Amaury Rivera, Iusacell's vice president of marketing. Iusacell, managed and operated by subsidiaries of U.S. phone firm Bell Atlantic (NYSE:BEL - news), had some 1.1 million suscribers as of September 30, and is second to market leader Telcel, the cellular unit of former monopoly Telefonos de Mexico (Telmex) (NYSE:TMX - news). Telcel reported 5.272 million users by the end of 1999. biz.yahoo.com Ibexx