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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (8293)	3/14/1999 12:54:00 PM
From: MikeM54321	Read Replies (1) \| Respond to of 9980

"The mainland's foreign trade minister has asked the United States to reverse its ban on the export of a US$450 million communications satellite and said the only victims of such measures were US firms." Ramsey or Thread, Was this $450 million satellite a Hughes project? I'm afraid I lost track. I knew GSTFR was working with China Telecom, but I just can't remember if this is what the current fuss is about? When I first read about the fuss, I thought QCOM and GSTRF would tumble. But neither of them did so I figured it wasn't a Loral project. Thanks, MikeM(From Florida) PS Below is a clip about Globalstar. I believe it was a Russian rocket that blew up late last year? I'm losing track of who's rockets blew up and where. Seems there have been quite a few in the last 3 or 4 years. --------------------------------- "The company's plans [GSTRF] to begin commercial service in mid 1999 with 48 LEO satellites were slightly dampered in late 1998 when a rocket launching 12 of those satellites exploded. The company also entered into a partnership agreement with China Telecom, a Hong Kong-based government telecommunications provider; China Telecom will have sole rights to Globalstar services in China."