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

To: Rocket Scientist who wrote (11524)	4/5/2000 5:01:00 PM
From: Rocket Scientist	Respond to of 29987

G* Canada PR announcing special "spring" rates: globalstar.ca April 3, 2000 MISSISSAUGA, Ontario -- Globalstar Canada, a satellite-based telecommunications system, today announced a spring pricing promotion that will lower the price of monthly access and the satellite airtime charges by up to 25 per cent. "With recent developments in the market, we felt this was an opportune time to introduce an added incentive for Canadians to join the Globalstar network," said Peter White, general manager of Globalstar Canada. "At the same time, we are rewarding existing customers who've been early adopters of the service." Effective April 1, Globalstar Canada is offering up to 25 per cent off all its plans: Plans: Standard Pricing Spring Promotion* Access Price/Minute Access Price/Minute Connector $29.95 $2.49 $22.50 $1.99 Extender 30 $99.95 $2.25 $75.00 $1.75 Extender 120 $275.00 $1.99 $199.00 $1.49 *Discounted rates apply to monthly access and airtime charges in Canada only. Discounts do not apply to any other services including international long distance, roaming, etc. This promotion, running until July 20, will be available to all existing and new customers who sign up between April 1 and May 15. "Since our commercial launch in February, the customer response has been strong," said White. "In one month we've secured customers in all of our targeted vertical markets and we now want to build on that strong momentum." With only 10 per cent of Canada covered by cellular service, many Canadians involved in the mining, forestry and oil and gas industries spend significant amounts of time in remote areas outside cellular range where landline coverage is unavailable. Portable, reliable communications is vital for individuals in these industries, and Globalstar has designed its satellite service to meet their needs. <snip>