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

To: Michaelth1 who wrote (20612)	12/28/2000 10:33:05 AM
From: Pierre	Respond to of 29987

Well, first we're told that Venezuela has just come on line with a $30 million gateway and "already" has 300 customers - and then this. Something doesn't track here. __________________________________ Argentina: Tender for new satellite RELATED SYMBOLS: (GSTRF)(LOR) Because of the interest of two companies in operating mobile services through satellite, the Secretariat of Communications will call a public consultation to decide how to do the bid to exploit this business. The project consists in the provision, services and operation of a satelliteat 36,000 metres altitude, a US$250mil total investment. The satellite will cover all the national area and a large part of the American continent. Those interested in being part of the consultation system can do it from the beginning of February 2001. The two companies interested in providing these services are: the Canadian company Telesat, and Boeing, through its Tuyusat project. Once the satellite is operating, companies who access it will be able to provide mobile and satellite telephony services, Mobile Internet and other applications. At the moment, the only company who provides satellite telephony is Globalstar. Argentina has satellite agreements with the United States, Canada and Holland, and plans to reach new agreements with Brazil, Spain and Mexico, because of their interest in operating in the domestic market. In this sector Nahuelsat, IntelSat, New Skies, PanamSat, Loral Skynet and Telesat already operate. Copyright (c) 2000, SABI, all rights reserved. -0- Source: El Cronista Page: 20 Date: December 27, 2000 Country: Argentina Product: Satellite Communications Event: Tenders SABI (South American Business Information) (Public Company & Wall Street & Business & International & High Tech)