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Home > Company Index > Telecommunications > Wireless Communications Services > Globalstar Telecommunications Limited

Globalstar Telecommunications Limited
Nasdaq: GSTRF
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 NEWS FROM THE WIRES
Teledesic to choose satellite contractor in fall
Aug 21 2001 08:26 AM PDT

Globalstar posts Q2 loss, cuts staff to 175
Aug 13 2001 01:15 PM PDT

Accel, KKR form venture to buy telecom assets
Jul 18 2001 10:07 AM PDT

FCC authorizes licenses for 8 satellite systems
Jul 17 2001 02:42 PM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Late Market Movers: Another Day, Another Tumble
Oct 30 2000 02:20 PM PST

Net Satellite Venture to Get $315 Million
Jul 11 2000 05:10 PM PDT

Still Pie in the Sky
May 04 1998 12:00 AM PDT

 PROFILE
Is there room on Earth for a satellite-based mobile phone network? Globalstar Telecommunications thinks so, despite the troubles of rival Iridium. Holding company Globalstar Telecommunications owns 41% of Globalstar, L.P., which operates 48 satellites and has launched service in about 110 countries. (Loral Space & Communications, which operates the system, owns another 39%.) Globalstar's satellites bounce voice and data calls from special mobile phones back down to ground-based gateways tied into traditional phone networks. Service, which is expensive compared with conventional cellular offerings, is sold through regional mobile phone operators. Globalstar has about 30,000 subscribers -- well below expectations.

 COMPETITION
Eutelsat S.A. (dossier)
Inmarsat Ventures plc (dossier)
Intelsat, Ltd. (dossier)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.10
1-Yr. Sales Growth: 0.0%
Employees: 439
Revenue per employee: $227.79

 KEY PEOPLE
• Olof Lundberg
    CEO
• Richard J. Townsend
    CFO

 CONTACT INFO
Cedar House
Hamilton HM12, Bermuda
Phone: 1-441-295-2244
Fax: 1--
Online: Web Site

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