Globalstar Telecommunications Limited GSAT Message Board

Sponsor

To: dougjn who wrote (567)	3/27/1998 2:26:00 PM
From: Valueman	Read Replies (1) of 29055

I am looking at a map of the initial 38 gateway coverage. All significant land masses are covered except for a small part of Africa and Indonesia. A ship going from Europe to the US would be covered for the entire journey. There is a hole south of that just west of Morocco, but most of the ocean is covered from there to the Carribean. There is also a small gap between South Africa coverage and Brazil/Argentina. Most of the Indian Ocean is not covered south of a line from Somolia to Singapore. Otherwise, you are covered. Those 38 gateways represent 78% of the business plan and some of those gaps will be filled in later. If you take the total value of the business in those areas not covered, I wonder if it will add up to a $2 billion premium?