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

To: RMiethe who wrote (3718)	4/4/1999 4:32:00 AM
From: Geoff Goodfellow	Read Replies (2) \| Respond to of 29987

Dear RMiethe: While the LEO satellite telephony business is 4 months old, the satellite telephony business (sans LEOs) was established in 1979 by Inmarsat (http://www.inmarsat.org). Inmarsat started offering satellite telephony with Inmarsat-A on termianls that were as big as trunks and cost around USD $50K and USD $10/min to use. Over the years Inmarsat added smaller and less costly terminals, Inmarsat-B, and the suitcase sized Inmarsat-M. Inmarsat-B & M reduced air-time fees as well. In late 1996, the newly launched 3rd generation of Inmarsat satellites, the Inmarsat-3 GEOs, started offering global satellite telephony via spot beams to sub-notebook "Mini-M" sized user terminals at the cost of USD $2-3/min for fully terminated calls to anywhere on the planet (http://www.mobiq.com, station12.com, satphone.net). As of January this year the Inmarsat Mini-M service is has signed up ~40K users world wide. Best Regards, Geoff Goodfellow