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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Globalstar Inc | AMEX:GSAT | AMEX | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.30 | 1.3203 | 1.28 | 1.32 | 1,724,441 | 01:00:00 |
In 2014, in partnership with Broadband Botswana Internet (BBi), Globalstar announced the commencement of construction of its commercial gateway located in Gaborone, Botswana. This project brought commercial SPOT and Simplex service to southern Africa in 2015. Through this gateway, Globalstar provides coverage to Botswana, South Africa, Namibia, Mozambique, Tanzania, Madagascar, Swaziland, Lesotho, Malawi, Angola, Zimbabwe, Rwanda, Burundi and Zambia, in addition to surrounding ocean areas for the commercial shipping markets.
Globalstar filed its application for terrestrial authority in Botswana in early 2017 and appreciates BOCRA's accelerated review. With this approval, Botswana becomes the first country outside of the US to approve Globalstar’s terrestrial S-band authority and the first country to approve the authority over 16.5 MHz across Globalstar’s licensed 2.4 GHz holdings.
“We would like to thank the team at BOCRA for their prompt review and approval of our application. BOCRA is a leader in spectrum policy for the continent of Africa and this approval provides Botswana with significant expanded spectrum for terrestrial mobile broadband. We believe other regulators across Africa and the world will agree that BOCRA’s approval represents sound spectrum policy for consumers and we look forward to additional approvals,” said Jay Monroe, Chief Executive Officer of Globalstar.
About Globalstar, Inc.
Globalstar is a leading provider of mobile satellite voice and data services. Customers around the world in industries such as government, emergency management, marine, logging, oil & gas and outdoor recreation rely on Globalstar to conduct business smarter and faster, maintain peace of mind and access emergency personnel. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring, SCADA and IoT applications. The Company's products include mobile and fixed satellite telephones, the innovative Sat-Fi satellite hotspot, Simplex and Duplex satellite data modems, tracking devices and flexible service packages.
Globalstar, Inc.Samantha de Castrosamantha.decastro@globalstar.com
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