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


To: djane who wrote (3830)4/13/1999 5:09:00 PM
From: Dragonfly  Respond to of 29987
 
These comments from Mr. S. are important to reiterate. The URL for the whole letter is: loral.com

Research and our service providers continue to indicate that the addressable market for LEO-based telephony services exceeds 40 million potential subscribers - a strong market for a supplier base whose total capacity will be about a third of that.

The Globalstar network will remove the barriers to communication posed by geography, the imbalance of population distribution, and the time and expense of installing a contiguous terrestrial system. Our principal target market continues to be the in-region user - not the international business traveler. In countries where there are gaps in cellular or wireline coverage, we'll fill in the gaps; where there is no infrastructure, Globalstar will provide the connection via satellite.