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: djane who wrote (2851)	2/8/1999 6:35:00 PM
From: Valueman	Read Replies (1) \| Respond to of 29987

Excellent comments to remember: Romain Bausch, director general of Societe Europeenne des Satellites (SES Astra), said he expects mergers and acquisitions at all levels of the industry. With such consolidation, competition and the pressure to enhance profitability will rise, he added. SES Astra also is preparing to become a major player in the broadband communications arena, Bausch said. His company recently took the bold move of buying a major stake in AsiaSat. SES Astra now is looking to partner with independent regional operators in other parts of the world to expand its reach beyond its current coverage area that spans 74 percent of the world's markets, he added. "Regional satellite operators have no future," he said. Industry-wide, important milestones will be achieved this year that include the commercial development of narrowband low-Earth-orbit satellite systems, demonstrating the technical availability of Ka-band as a return channel for broadband, two-way communications and the continued consolidation and globalization of satellite service providers, Bausch said.