Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mts362 who wrote (12963)	5/19/2000 2:46:00 PM
From: Souze	Respond to of 29987

Edit: Rocket Scientist already covered this in Message 13691007 Globalstar launches Morocco's satellite phone service RABAT, May 19 (Reuters) - France's Teasam consortium started on Friday operating satellite telephone service by Globalstar Telecommunications (NASDAQ:GSTRF) in Morocco, a manager said. "We have the pleasure to announce to the public the opening of Globalstar services today .... Subscribers to GSM mobile phone with roaming option can benefit from a full coverage by satellite over Morocco's territory," the manager told Reuters. Morocco granted TESAM, jointly owned by France Telecom (SBF:FTE) and Alcatel (SBF:CGEP), a licence to extend its services to remote areas. Globalstar is a consortium of telecoms providers and equipment manufacturers that offers telephone services via 48 low orbit satellites. Loral Space & Communications (NYSE:LOR) has a 40 percent stake and the consortium also includes Qualcomm Inc. (NASDAQ:QCOM), Alenia (MILAN:SIFI), Daimler Chrysler Aerospace , Hyundai and Vodaphone AirTouch (ISEL:VOD). TESAM operates in 30 countries and the company plans to extend its services to neighbouring North African countries of Algeria and Tunisia. Copyright 2000, Reuters News Service