Roller coaster January for struggling satcom provider Globalstar
News | February 4, 2003
Globalstar LP and its Canadian counterpart Globalstar Canada endured a turbulent January as the struggling mobile satellite communications provider received a proposed investment that would have kept the company afloat and then had the proposal pulled off the table at the last minute. The roller coaster ride continued last week when Globalstar was given the right to implement a terrestrial in-fill network to complement its satellite coverage in urban areas, but had a 2 GHz licence awarded to it in July 2001 deemed null and void. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here Unlock all the Canadian telecom, broadcasting and digital media news you need.Take a free trial or subscribe to The Wire Report now. FREE TRIALTwo weeks of free access to thewirereport.ca and our exclusive newsletters. SUBSCRIBEUnlimited access to thewirereport.ca and our exlusive newsletters. |