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

To: Rocket Scientist who wrote (11135)	3/23/2000 4:46:00 PM
From: WR	Read Replies (1) \| Respond to of 29986

Who are we? TE.SA.M., tesam.com Press Kit (February 2000) Press Releases Photos for Printing only tesam.com In most of these countries we have created subsidiaries and partnerships with local cellular carriers to support the terrestrial cellular capabilities of our multimode phones and established distribution networks. We have identified a number of key segments of our addressable market-place characterized by early expressions of interest in obtaining the service and by the potential for heavy usage of satellite airtime estimated to range between several hundred and 1,000 minutes per phone per month. TE.SA.M. offer key segments: Government Because of its security, clarity, reliability and ubiquity, Globalstar service meets the needs of military, law enforcement and emergency response users, such as fire and ambulance services. During Globalstar's user trials in December 1999, we provided phones for use: in Venezuela to support disaster recovery operations in the aftermath of its recent flood, in France, when high winds toppled cellular towers. Maritime Globalstar service is or will be available in the coastal and inland waterways where most maritime traffic is focused, as well as over many trans-oceanic routes. Globalstar maritime phones, which will be available in commercial quantities in the second quarter of 2000, will offer a compact, cost-effective, high-quality alternative to existing maritime satellite services. Commercial freight and fishing vessels and private boats will be important markets for Globalstar. Cruise lines will be of particular interest, because of the potential for high-volume usage of multiple on-board phones by passengers who need to address business of family needs. Transportation Truck drivers have a continous need to contact dispatchers and destinations, and need to react to changing business demands and weather conditions. In the developing world, neither cellular service nor pay phones are available for vast portions of frequently traveled routes. Even in the United States, only 50% of the land mass is covered by cellular service. Business travelers in such areas have similar requirements, which our service providers hope to address quickly by equipping rental cars and corporate fleets. Natural Ressources We believe that there is substantial unmet demand for telecommunications services to support the field operations of the forestry, mining, oil and gas and other natural resource industries. Most of these operations take place in remote locations where a large, permanent telecommunications infrastructure is uneconomic. Outdoor Enthusiasts Our service providers hope to make Globalstar phones part of the basic equipment of wilderness guides and outfitters, addressing the growing market for adventure and eco-tourism, as well as the hunting, fishing and mountaineering markets. Agribusiness Large plantations, ranches and other agricultural businesses in countries like Argentina lie beyond the range of current or planned cellular service, and should find Globalstar service valuable to coordinate their operations. Utilities Utility companies worldwide need to maintain right-of-way across long distances in territories that are often vast and remote. Globalstar phones will enable them to monitor and deploy their resources more efficiently.

To: Rocket Scientist who wrote (11135)	3/23/2000 11:53:00 PM
From: WR	Respond to of 29986

China Unicom Gets Huge Bank Loans Date: 03/22 20:18 EST BEIJING (March 23) XINHUA - The China Development Bank signed a 10 billion yuan (1.2 billion U.S. dollars) lending agreement with China United Telecommunications Corp (China Unicom) yesterday in Beijing. The deal is the largest lending package from the bank to the telecommunications sector to date, today's China Daily quoted a bank source as saying. The fund is expected to consolidate the construction of telecommunications networks and the overall strength of China Unicom, according to the source. For Unicom, the bank's heavy lending will pave the way for the company to be listed abroad. "We are planning to get listed on overseas stock exchanges this year," said Shi Cuiming, vice-president of China Unicom, at the signing ceremony yesterday. Unicom is looking to be listed on the Hong Kong and New York stock exchanges. Shi said the listing is likely to happen in the first half of this year. He said Unicom will use the loan to fill fund-shortages and promote the construction of mobile and digital communication sector. But he also admitted that a successful listing has to be based on improved customer service and expansion of business. China Unicom is the only state-owned telecommunications company involved in all aspects of the sector, including mobile phones, pagers, IP phones and long distance calling. Copyright XINHUA NEWS AGENCY quoteserver.dogpile.com