SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.

   Microcap & Penny StocksGlobalstar Telecommunications Limited GSAT


Previous 10 Next 10 
To: Maurice Winn who wrote (29705)3/9/2019 1:28:42 PM
From: pcstel
   of 29722
 
"Rebecca Clary

Thank you, Dave and good afternoon everyone. Our satellite business again produced meaningful growth from the prior year as we generated higher ARPU in all core areas of our business and continue to expand our total subscriber base. These increases drove 9% revenue growth when compared to the fourth quarter of 2017 and a 15% increase year-over-year. "


SPOT subscribers DOWN Y/Y
Duplex subscribers DOWN Y/Y

You lose subscribers, so you raise prices on everyone left. Then you continue to "soak" the remaining subscribers more and more as your CHURN increases due to the price increases.

Like you have said Maurcie.. Pretty soon they will have $1,000 ARPU and one customer. But they have great ARPU..

Meanwhile, over at Iridum/Aireon.. They get ready to activate the Edmonton (NavCanada) Airspace (Polar Routes) using Aireon.

With the new ICOM worldwide PTT user device. Watch for a buyout from the likes of ATT or Verizon.

icom.co.jp

Share RecommendKeepReplyMark as Last Read


To: pcstel who wrote (29706)3/9/2019 2:17:07 PM
From: Maurice Winn
   of 29722
 
Satellite life = that's what I thought too.

I would not have believed that 26 years after Globalstar's start that I would still not have a satellite connection and that nearly nobody would have.

Not just Globalstar either but all of them. I do have a SKY TV supply but that doesn't count as a mobile phone system.

And people keep doing completely ridiculous things such as continuous Halo coils in roads. It should take seconds to understand that that would be hopeless.

Qualcomm must have spent about $500 million on Halo. Just to buy the rights was $70 million.

Heck, even my stupid car has a connection to my phone so that I can make and receive calls hands-free. And it costs nothing other than the price of the equipment in the car. There's no monthly arpu. The phone is cheap too with low and falling arpu and the device is amazing. Globalstar could have done that and been the biggest worldwide single spectrum land sea and sir and space phone system with 5 billion customers paying $10 a year. (That's just an example not an actual price plan. I would make it $0 per year. Payment would be per megabyte depending on loading at the time = free when low usage and $1000 per megabyte if nearly full.)

Bad ideas are horribly expensive. But it's easy to have them.

Maybe somebody could design an idea checker that collects all information and vets it for bungness ... ideas are not enacted until everyone is signed off.

I would love to have that as I have gone along with very bung ideas that turned out to be fatal but seemed like good ideas at the time.

Mqurice

Share RecommendKeepReplyMark as Last ReadRead Replies (3)


To: Maurice Winn who wrote (29708)3/9/2019 2:49:11 PM
From: Maurice Winn
   of 29722
 
Mq that has already been invented ... it's called a sharemarket.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Maurice Winn who wrote (29708)3/9/2019 3:38:44 PM
From: pcstel
   of 29722
 
<Maybe somebody could design an idea checker that collects all information and vets it for bungness >

That's called "Common Sense".

Not much space for such a concept in the "equities markets"

And so it goes,
PCSTEL

Share RecommendKeepReplyMark as Last Read


To: Maurice Winn who wrote (29709)3/9/2019 3:41:29 PM
From: pcstel
   of 29722
 
Remember Maurice.....

You can always tell the True Pioneers.....

They are the one's with the arrows in their backside.

PCSTEL

Share RecommendKeepReplyMark as Last Read


From: Geoff Goodfellow4/4/2019 6:06:42 PM
   of 29722
 
Question Of The Day: any ideas just where o where da spectrum for this is coming from¿¿¿

Amazon to offer broadband access from orbit with 3,236-satellite ‘Project Kuiper’ constellation

EXCERPT:
Amazon is joining the race to provide broadband internet access around the globe via thousands of satellites in low Earth orbit, newly uncovered filings show.

The effort, code-named Project Kuiper, follows up on last September’s mysterious reports that Amazon was planning a “big, audacious space project” involving satellites and space-based systems. The Seattle-based company is likely to spend billions of dollars on the project, and could conceivably reap billions of dollars in revenue once the satellites go into commercial service.

It’ll take years to bring the big, audacious project to fruition, however, and Amazon could face fierce competition from SpaceX, OneWeb and other high-profile players.

Project Kuiper’s first public step took the form of three sets of filings made with the International Telecommunications Union last month by the Federal Communications Commission on behalf of Washington, D.C.-based Kuiper Systems LLC. The ITU oversees global telecom satellite operations and eventually will have to sign off on Kuiper’s constellation.

The filings lay out a plan to put 3,236 satellites in low Earth orbit — including 784 satellites at an altitude of 367 miles (590 kilometers); 1,296 satellites at a height of 379 miles (610 kilometers); and 1,156 satellites in 391-mile (630-kilometer) orbits.

In response to GeekWire’s inquiries, Amazon confirmed that Kuiper Systems is actually one of its projects...
[...]
geekwire.com

Share RecommendKeepReplyMark as Last Read


To: Maurice Winn who wrote (29708)4/7/2019 6:58:45 AM
From: elmatador
   of 29722
 
Look like satellite technologies are maturing.

The Teledesic, Iridium and Globalstar were like Apple's Newton early 90s

Today's satellites are the Smartphone

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: elmatador who wrote (29713)4/7/2019 3:23:35 PM
From: Maurice Winn
1 Recommendation   of 29722
 
Teledesic never got going. It was just a gleam in the eye.

Globalstar never succeeded mostly due to bad marketing = charging hopelessly too much to use an unused constellation but also because the satellites failed and the zenith rocket crashed 12 satellites.

Iridium never did well.

Both Globalstar and Iridium launched their second constellations. Globalstar kept thinking arpu was a good thing so failed again.

Bad management can ruin any business opportunity.
Or country.
Mqurice

Share RecommendKeepReplyMark as Last Read


To: elmatador who wrote (29713)4/8/2019 3:17:58 AM
From: elmatador
   of 29722
 
Here is what will happen in Africa.

The Chinese will elbow Ericsson and Nokia. (MTN just started by booting Ericsson out of Gauteng province in Souuh Africa.

Buy the market (there will be a few rich mobile operators' CEOs and CTOs...

Any company that want Chinese-less networks, for security reasons. will shun the local operators and will build their own bubbles of small networks and backhaul via satelite.

Amazon’s system, if realized, will likely cost billions of dollars, not unlike the projected cost of constellations for SpaceX, OneWeb, Telesat and LeoSat. Bezos said last year that he already sells $1 billion in Amazon stock annually to fund Blue Origin.

space.com

Share RecommendKeepReplyMark as Last Read


From: Geoff Goodfellow5/8/2019 3:42:59 PM
   of 29722
 
Globalstar CEO Discusses Q1 2019 Results - Earnings Call Transcript with analyst Q&A and 10-K Annual Report

to listen to the CC and Investor/Analyst Q&A visit:
globalstar.com
or
earningscast.com

a transcript of the CC and the Investor/Analyst Q&A:
seekingalpha.com
or
finance.yahoo.com

the 10-Q Quarterly Report -- with all its exhibits -- can be viewed on or downloaded from the SEC's website at:
sec.gov

Share RecommendKeepReplyMark as Last ReadRead Replies (2)
Previous 10 Next 10