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

To: Rocket Scientist who wrote (10108)	2/16/2000 3:56:00 PM
From: Mazman	Read Replies (1) \| Respond to of 29987

A VERY loose translation using AltaVista ... GlobalstarJAIME Hernandez / The Economist The project of businesses of Globalstar adds a US60 investment million empre and Iusacell sa of satelite telephony Globalstar of Mexico forms strategic alliance and of cellular New Grupo Iusacell they made specific commercial an alliance strategic to provide cover in all the national territory. With it the centers of distribution in all the country of Iusacell will be able to offer the equipment of Globalstar and the users of the company of cellular will have the option to accede to the satelite service without changing of supplier. In the first four Globalstar years he will invest 60 million dollars in his integral project of businesses and this year they glide to sell 15,000 apparatuses with the concretion in diverse agreements, even still pending to sign itself. Iusacell provides wireless cellular services in nine regions of the center of the country, including the Federal District with cover of a total of 67 million of the potential population, and potential population, that is to say, 69% of the total population of the country. With the agreement, Iusacell will offer to its clients equipment of satelite telephony Globalstar with digital technology CDMA, that will allow them to stay communicated anywhere of the country, conserving its present cellular line and the same tariffs. Thus, according to the president of Globalstar of Mexico, Lauro Gonz lez, with this alliance will settle down a network of distributors in Mexico. " the alliance with Iusacell allows us to approach us those users who really will benefit with our services and commercial plans, and reaffirms the intention of the satelite telephony to complement the existing systems of communication ". The agreement will allow Iusacell to operate the satelite system in order to extend its cover in areas at the moment incomunicadas, through movable and fixed equipment that works like cellular in zones of cover and which they change to satelite way just by to unfold the antenna, adapting itself to the necessities of the users.