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

To: elmatador who wrote (29712)	4/7/2019 3:23:35 PM
From: Maurice Winn	1 Recommendation Recommended By 3bar Respond to of 29986

Teledesic never got going. It was just a gleam in the eye. Globalstar never succeeded mostly due to bad marketing = charging hopelessly too much to use an unused constellation but also because the satellites failed and the zenith rocket crashed 12 satellites. Iridium never did well. Both Globalstar and Iridium launched their second constellations. Globalstar kept thinking arpu was a good thing so failed again. Bad management can ruin any business opportunity. Or country. Mqurice

To: elmatador who wrote (29712)	4/8/2019 3:17:58 AM
From: elmatador	Respond to of 29986

Here is what will happen in Africa. The Chinese will elbow Ericsson and Nokia. (MTN just started by booting Ericsson out of Gauteng province in Souuh Africa. Buy the market (there will be a few rich mobile operators' CEOs and CTOs... Any company that want Chinese-less networks, for security reasons. will shun the local operators and will build their own bubbles of small networks and backhaul via satelite. Amazon’s system, if realized, will likely cost billions of dollars, not unlike the projected cost of constellations for SpaceX, OneWeb, Telesat and LeoSat. Bezos said last year that he already sells $1 billion in Amazon stock annually to fund Blue Origin. space.com