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


To: WR who wrote (13539)6/15/2000 12:42:00 AM
From: WR  Read Replies (1) | Respond to of 29987
 
Globalstar Offers No Cost Switch to Iridium Clients - Brazil
April 28, 2000

The 2,120 former subscribers to the defunct Iridium satellite phone service can switch over to competitor Globalstar (NASDAQ: GSTRF) at no cost thanks to an agreement between the two companies, the chairman of state regulator Anatel, Renato Guerreiro, said.

Iridium users will receive Globalstar phone kits as part of the deal. Iridium suspended its service in March after it was unable to find an investor to save the floundering company.

Source: Diario do Grande ABC (Brazil)
atamericas.com