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: Maurice Winn who wrote (16372)	8/30/2000 8:19:06 AM
From: WR	Respond to of 29987

FCC OKs frequency allocation by Chuck Taylor Seattle Times aerospace reporter Government regulators have approved a plan to reallocate radio frequencies for satellite-based broadband systems such as Boeing's Connexion service, which will link airborne travelers to the Internet. The Federal Communications Commission (FCC) last week adopted rules for so-called mobile satellite services, based on proposals by several companies, which must now obtain licenses under those rules. Another potential beneficiary is ICO-Teledesic Global, a holding company of Seattle cellular pioneer Craig McCaw. Boeing's system is not dependent on such a license in the short term. When it's available to airlines sometime next year or in 2002, Connexion will use leased channels on existing satellites to provide interactive Internet and entertainment services aboard airliners. The company is expecting Connexion to become a significant source of revenue in the long term, however, and would need more bandwidth as the system grows. Other applicants for the satellite frequencies are Celsat America, Constellation Communications, Globalstar, Iridium, Mobile Communications Holding, Inmarsat Horizons and TMI Communications. Chuck Taylor's phone message number is 206-464-2465. seattletimes.nwsource.com