WASHINGTON-Top mobile-phone operators told a federal appeals court the Federal Communications Commission went astray of the law by awarding additional mobile satellite service licenses despite the sector's desperate financial condition. In its opening brief, AT&T Wireless Services Inc., Cingular Wireless L.L.C. and Verizon Wireless...
New ownership has provided mobile satellite services company Globalstar L.P. with hope in the new year.The company last month announced plans to be acquired by equity investor Thermo Capital Partners L.L.C. for $43 million. "We think this really restores our credibility," said Globalstar President...
SAN JOSE, Calif.-Bankrupt mobile satellite services company Globalstar announced a new reorganization plan to secure $43 million in financing, effectively canceling its expected acquisition by ICO Global Communications Ltd.Instead, the reorganized Globalstar would be majority owned by Thermo Capital Partners, which would hold 81.25-percent...
Just what are Craig McCaw and Nextel Communications Inc. up to, separately or together? Is there a grand plan waiting to be hatched or just some heady hedges that may-or may not-lead to something big? There's enough of a history there to make recent...
SAN JOSE, Calif.-Bankrupt mobile satellite service provider Globalstar L.P. and its subsidiaries have filed a joint plan of reorganization, according to a recent filing with the Securities and Exchange Commission. The plan follows news earlier this year that ICO Global Communications would invest $55...
WASHINGTON-U.S. law enforcement officials want federal regulators to delay a decision on ICO Global Communications Ltd.'s application to acquire Globalstar Corp. mobile satellite service licenses until public-safety and national security issues are resolved.The proposed ICO-Globalstar deal has been pending before the Federal Communications Commission...
WASHINGTON-U.S. law enforcement officials want federal regulators to delay a decision on ICO Global Communications Ltd.'s application to acquire Globalstar Corp. mobile satellite service licenses until public-safety and national security issues are resolved.The proposed ICO-Globalstar deal has been pending before the Federal Communications Commission...
Mobile satellite service providers continue to struggle financially, but rebuilding efforts in Iraq appear to have increased minutes of use and precipitated the launch of new services.Bankrupt Globalstar L.P. said its second-quarter results were bolstered by its service launch in Iraq. The company's revenue...
SAN JOSE, Calif.-Satellite phone service provider Globalstar announced new lower rates for U.S. customers making international phone calls, which the company said makes it the least expensive satellite phone service provider in the world, in most situations. The new long-distance pricing package allows U.S....
SAN JOSE, Calif.-Mobile satellite services provider Globalstar launched the Globalstar FAU-200, a new fixed phone unit in the United States that it said offers satellite voice communications at half the price of its earlier fixed units.The phone, which retails at $999, is a weather-proof...
SAN JOSE, Calif.-Mobile satellite service provider Globalstar announced it is now offering a data monitoring and acquisition service for asset tracking and sensory telemetry monitoring.The service, developed with AeroAsto Inc., uses palm-sized modems to track assets and read meters."These new data modems are ready...
SAN JOSE, Calif.-Satellite phone service provider Globalstar Telecommunications Ltd. reported an agreement with New Valley Corp. to provide Globalstar with $55 million in debtor-in-possession financing as the first step toward assuming majority ownership of a reorganized Globalstar company.Under terms of the purchase and reorganization...
AMAZON STATE, Brazil-Citizens of Brazil will use the Globalstar satellite phone system to cast votes in the upcoming presidential elections.Votes are cast on battery-operated voting machines, then transmitted back to Brazil's election commission over a Globalstar handheld satellite phone connected to the voting machine....
SAN JOSE, Calif.-Globalstar announced five new pricing plans that bring the costs of satellite telephone services closer to the costs of cellular. The new price plans, which include monthly access and voice or data minutes are: $34.95 for 30 minutes; $49.95 for 120 minutes;...
NEW YORK—Globalstar L.P. recorded the smallest loss since it began operations two years ago for the first quarter ended March 31, during which time the company also filed for Chapter 11 bankruptcy protection after months of speculation.The company said it had a net loss...
JOHANNESBURG, South Africa—After years of uncertainty and a lack of clear policy, the South African Department of Communications has opened the way for Global Mobile Personal Communications by Satellite (GMPCS) services, inviting potential operators to apply for licenses.The latest policy direction has placed no...
Mobile satellite service is an idea and a technology that today lies buried under the apprehension and disappointment of a number of major business deals gone bad. But about 10 years ago, the mobile satellite industry had an optimistic outlook on the future,...
LONDON—United Arab Emirates-based mobile satellite service provider, Thuraya, plans to expand its 100-country network as soon as next year. Chief Executive Yousuf Al Sayed anticipates another satellite, built by Boeing under a $960 million deal, to be launched by 2002. The satellite provider launched...
The mobile satellite industry finally had something to smile about last week when the International Bureau at the Federal Communications Commission granted eight MSS operators licenses in the 2 GHz frequency band, opening the door for the deployment of broadband and other enhanced services.The...
For several years, it seems there has been little good news to report about the mobile satellite industry. It is one that has been marked by marginal peaks and inconceivable valleys. Losses in this industry are talked about in terms of billions of dollars,...
The bad news for Globalstar Telecommunications Ltd. continues to mount following the filing of a second complaint by Ericsson Inc. against the mobile satellite communications provider, claiming Globalstar failed to buy the number of phones from Ericsson agreed to under contract.In May, Ericsson accused...
WASHINGTON-The Cellular Telecommunications & Internet Association late Friday petitioned the Federal Communications Commission to reallocate spectrum assigned to struggling mobile satellite firms to cellular phone carriers struggling to capture additional frequencies for third-generation wireless systems.The anticipated move by the mobile-phone industry comes in response...
WASHINGTON-In an unexpected twist pitting billionaire Craig McCaw against a mobile-phone industry he once towered over, sources say the Federal Communications Commission may propose making some mobile satellite service spectrum-including that held by McCaw's New ICO and other struggling satellite firms-available for third-generation wireless...
