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To: A.L. Reagan who wrote (11701)4/13/2000 2:30:00 PM
From: Rocket Scientist  Read Replies (1) | Respond to of 29986
 
South African view of Iridium's downfall, G*'s prospects:

bday.co.za

Notes regulatory gridlock that damaged Iridium there has not cleared for G*Southern Africa which says it's loosing 3M rand/ month (about 460K$) while waiting for permission to start operating.

However, also notes that Telkom, which is 60% gov't owned, operates GSA Gateway, and has an interest in accelerating gov't license (which it did not have in case of Iridium)



To: A.L. Reagan who wrote (11701)4/13/2000 7:30:00 PM
From: TMann  Read Replies (1) | Respond to of 29986
 
Its very clear that G* never expected to have to assist the service providers to this level of detail. I think their plan was to build it, and turn it over to SPs to pull in the customers. So far, that ain't happening, and G* going to have to get out of the office and into the battlefield.

EXPECT SINGLE DIGIT STOCK SOON!


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