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

To: WR who wrote (13530)	6/14/2000 9:55:00 PM
From: WR	Respond to of 29987

TESAM Launches GlobalStar Service - Argentina April 18, 2000 France's TESAM is scheduled to launch the GlobalStar (NASDAQ: GSTRF) mobile satellite service in Argentina today, TESAM Argentina director Yvon Ferrette told BNamericas.com. GlobalStar already offers services in Brazil, Venezuela, Mexico and Central America. TESAM Argentina will eventually provide GlobalStar service to subscribers in Chile, Uruguay and Paraguay through a terrestrial gateway in Cordoba, Argentina in July, Ferrette said. "We hope to have approximately 5,000 to 6,000 customers (in the Conosur) by the end of the current year," he added. Voice transmission is expected to account for at least 80% of total traffic, Mac Jeffery, media relations director for GlobalStar's controlling shareholder, Loral (NYSE: LOR), told BNamericas.com, adding that Loral will release traffic and sales figures in the first week of May. GlobalStar plans to offer data transmission as an ancillary service from August or September through some of its gateways, Jeffrey said, while, according to Globalstar Latin America director Andres Castro, Brazil would be the first South American country to offer GlobalStar data transmission service, probably in several months time. GlobalStar has two operating South American gateways in Brazil and Venezuela that will eventually provide service to Colombia, Venezuela, and the Guyanas. A third gateway is under construction in Lima, Peru that will cover Ecuador, Bolivia and Peru, and the company plans to build two more Brazilian stations. Gateways are owned and operated by partner TESAM in Spanish speaking South American countries and in Brazil by Loral, Daimler Benz and BrazilStar. GlobalStar's worldwide digital telecommunications system is based on 48 low-orbit satellites and 50 earth stations. The satellites are accessible from portable mobile or fixed terminals and provide telephony, fax and data transmission services. TESAM is a joint venture satellite services distributor formed by France Telecom (NYSE: FTE) and Alcatel (NYSE: ALA). Source: Business News Americas (BNamericas.com) atamericas.com

To: WR who wrote (13530)	6/14/2000 10:26:00 PM
From: WR	Read Replies (1) \| Respond to of 29987

Globalstar Negotiates for Iridium Clients - Brazil March 21, 2000 The Brazilian satellite mobile operator Globalstar do Brasil is negotiating with the local division of defunct satellite operator Iridium, and its Brazilian shareholder Inepar, for control of some 2,000 former Iridium clients, according to Globalstar do Brasil president Pedro Maisonnave. "We don't want Iridium's difficulties to cast doubt on the satellite communications system as a whole," Maisonnave said. Globalstar do Brasil has 500 clients and plans to increase its client base to 30,000 by year-end. Source: Gazeta Mercantil (Brazil) atamericas.com