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Nokia Case Globalstar: 6 ways to leverage their spectrum asset
By Chris Osborn on Wed 31 January 2018
https://blog.networks.nokia.com/5g/2018/01/31/case-globalstar-6-ways-leverage-spectrum-asset/
bought more GSAT today @ $1.23 (last/previous buy was in '14)
Google’s Latest Search: What Happened to Its Bikes?
Local residents tend to ride off with the free bicycles Google provides for employees to get around its giant headquarters in Mountain View
https://www.wsj.com/articles/googles-latest-search-what-happened-to-its-bikes-1515172167
excerpt:
John Dooley will be the GSAT delagate at the 3gpp RAN meeting December 18 to 21 in Lisbon, viz.:
https://webapp.etsi.org/3GPPRegistration/fViewPart.asp?mid=31948
Keeping an eye on The Competition: Key takeaways from Iridium financial filings and investor call, viz.:
Iridium, its satellites & launches on track, now focusing on cash-flow stability
https://www.spaceintelreport.com/iridium-satellites-launches-track-now-focusing-cash-flow-stability/
Globalstar's Q3 2017 Results - Earnings Call Transcript:
https://seekingalpha.com/article/4119896-globalstars-gsat-ceo-jay-monroe-q3-2017-results-earnings-call-transcript?part=single
IRDM's EGREGIOUS GSAT SPECTRUM GRAB ATTEMPT "Died On The Vine" so its been summarily "withdrawn", viz.:
https://www.fcc.gov/ecfs/filing/110149499012
Monroe James III, Chairman & CEO, BUYS 27,607,656 shares for $43MM
https://www.sec.gov/Archives/edgar/data/1379664/000136686817000083/xslF345X03/wf-form4_150792924800448.xml
if there are more buyers than sellers, the price will go up, on the other hand, if there are more sellers than buyers, the price will drop.
excerpting the new 8-K posted today at:
https://www.sec.gov/Archives/edgar/data/1366868/000110465917061599/0001104659-17-061599-index.htm
midway through:
Summit Ridge Group's "Unofficial Notes from Euroconsult 2017 Satellite Conference" in Paris https://t.co/yVyqrYUzRN
Summit Ridge Group's "Unofficial Notes from Euroconsult 2017 Satellite Conference" in Paris https://t.co/yVyqrYUzRN
— Summit Ridge Group, LLC (@SummitRidgeGrp) October 10, 2017
Globalstar has seen a 2000% increase in usage in #PuertoRico since #HurricaneMaria @Globalstar has seen a 2000% increase in usage in #PuertoRico since #HurricaneMaria
Globalstar works with Google to provide #satellitephones, SPOTLLC devices and SatFi units to assist their #PuertoRico efforts https://t.co/Q0qfjTIXDx @Globalstar works with @Google to provide #satellitephones, @SPOTLLC devices and SatFi units to assist their #PuertoRico efforts https://t.co/Q0qfjTIXDx
Focus on Africa: A Conversation with Sean McCormick of Globalstar
http://www.satmagazine.com/story.php?number=1883699880
GSAT updated sum of the parts valuation with thanks to:
Maglan Capital: "Now that equity raise is behind us worthwhile to revisit an updated sum of the parts valuation of #GlobalStar"
$GSAT Now that equity raise is behind us worthwhile to revisit an updated sum of the parts valuation of #GlobalStar pic.twitter.com/DY1FskHJP5
— David D. Tawil (@DavidDTawil) October 9, 2017
Roe Equity Research GSAT: Equity Raise Official; Key Takeaways
https://charts.stocktwits.com/production/original_96832697.png?1507198689
https://stocktwits.com/MaglanCapital/message/96832697
In connection with the offering, Globalstar has prepared a summary of its business, updated information on its plans with regard to its terrestrial license and other information, viz. Exhibit 99.2 "Business, Risk Factor and Other Information update dated October 4, 2017" with an 8K filing made at
https://www.sec.gov/Archives/edgar/data/1366868/000104746917006216/0001047469-17-006216-index.htm
N.B. details such as Sat-Fi (expected to be released in 2018), Two-way SPOT (expected to be released in 2018) , Simplex (expected to be released in 2018), etc.
GN Docket No. 17-183 October 2, 2017
Before the FEDERAL COMMUNICATIONS COMMISSION
Washington, DC 20554
In the Matter of
Expanding Flexible Use in Mid-Band
Spectrum Between 3.7 GHz and 24 GHz
COMMENTS OF GLOBALSTAR, INC.
I. Introduction and Summary
Globalstar, Inc. (“Globalstar”) hereby comments on the Commission’s above-captioned Notice of Inquiry on expanding flexible terrestrial use of mid-band spectrum between 3.7 GHz and 24 GHz.1 Globalstar appreciates and supports the Commission’s ongoing effort to make additional spectrum available for next-generation wireless and mobile broadband applications, in order to meet the vast consumer demand for these services. Globalstar agrees with the Commission’s goals of establishing sound and flexible spectrum policies, enabling innovation and investment, and maintaining U.S. leadership in next-generation wireless deployment.
With respect to mid-band spectrum blocks identified in the NOI, Globalstar believes that the Commission should focus on the 3.7-4.2 GHz band as the primary mid-band spectrum for the development and deployment of next-generation wireless broadband operations. This approach makes sense, given the Commission’s existing wireless framework in the adjacent 3.5 GHz band and industry efforts already targeting this band for wireless broadband use...SNIP
... In the United States and its territories, Globalstar currently operates gateway earth stations in Texas, Florida, Alaska, and Puerto Rico.10 In addition, on August 30, 2017, Globalstar announced a partnership with the University of Mississippi that will involve the deployment of a new gateway earth station at the site of a new science building on the Oxford, Mississippi campus.11 This gateway facility will provide opportunities at the University for research, testing, and development of global communications technology. Globalstar anticipates similar partnerships and gateway deployments in the future at other U.S. locations. Globalstar currently lacks gateway earth station facilities in Hawaii and Guam, and could fill those service gaps in the coming years with additional gateways. Globalstar may also deploy mobile gateway facilities in the future as a means of providing additional MSS capacity to its customers in regions where needed...SNIP
https://ecfsapi.fcc.gov/file/1002796204603/Globalstar%20Comments%20filed%20100217.pdf
"... Meanwhile, OneWeb is building gateways around the world. “People are installing and connecting them as we speak...”
"... Initially, OneWeb plans to offer capacity of 595 megabits per second and round-trip latency of 15 to 50 milliseconds..."
"... OneWeb’s ambitious plans, which were accelerated by SoftBank’s $1 billion investment, include offering internet access to every school by 2022, attracting one billion subscribers by 2025 and providing total capacity of one petabit per second by 2025. By 2020, OneWeb plans to offer broadband service throughout the United States and its territories..."
http://spacenews.com/oneweb-hardware-finally-coming-together/
status of the Globalstar GW's in FL and PR:
this shareholder dialoged with the co's senior management this day regarding the status of the GW's in FL & PR and got back:
Puerto Rico's cell service is basically nonexistent. So this is happening
Elizabeth Weise, USATODAY
https://www.usatoday.com/story/tech/news/2017/09/29/satellite-phone-supply-running-out-all-head-puerto-rico/716968001/
L-Band Satellite Operators Need to Reposition
http://www.spaceref.com/news/viewpr.html?pid=51603
wondering by how much GSAT's S & L-band WORLD-WIDE HARMONIZED spectrum is undervalued ?
would sure be great to get Jefferies or some other respected analyst to chime-in on that... viz.:
http://www.fiercewireless.com/wireless/dish-s-spectrum-undervalued-by-45-according-to-jefferies
N.B. da "Positive Globalstar implications" section in
https://www.btigresearch.com/2017/09/22/att-quietly-deploying-band-29-for-lte-and-why-that-is-positive-for-dish/
The Take on The Implications of This is: what with the forth coming I-6 Satellites from Inmarsat [http://investorshub.advfn.com/boards/read_msg.aspx?message_id=134568230] and others like nano-satellites [http://investorshub.advfn.com/boards/read_msg.aspx?message_id=134403545] with regards to GSAT is that the present day (and most especially future!) value of GSAT's extant "regional" patch-work quilt MSS business (most especially with large swaths of water and land having NO COVERAGE and NONE of the IGO's having upgraded their ground infrastructure to 2G equipment/capability say vs. Iridium or Inmarsat) is approaching, pretty much, at best, bubkes...
ERGO, the implications of this with regards to GSAT is their ENTIRE VALUE pretty much rests on the co's ability to monetize their world-wide MSS spectral assets in the L, S and C-bands for ATC/TLPS use through either a direct sale, lease or partnership(s).
"The I-6 satellites represent a step change in the capacity of Inmarsat’s L-band services and will support a new generation of L-band capabilities, from advanced global safety services and very low cost mobile services, to Internet of Things (IoT) applications."
https://www.inmarsat.com/press-release/mhi-selected-inmarsat-launch-first-inmarsat-6-satellite/
Sprint and Ericsson Conduct First U.S. Field Tests for 2.5 GHz Massive MIMO
http://investors.sprint.com/news-and-events/press-releases/press-release-details/2017/Sprint-and-Ericsson-Conduct-First-US-Field-Tests-for-25-GHz-Massive-MIMO/
Up close with the new LTE-enabled Apple Watch: does this really change everything?
https://www.theverge.com/2017/9/12/16273570/new-apple-watch-series-3-2017-hands-on-photos-video-lte
Maglan Capital on Twitter: @Tbabs very possible ... keep hearing there are about a dozen parties engaged with $GSAT on a deal. We only need one bid to win
“@Tbabs very possible ... keep hearing there are about a dozen parties engaged with $GSAT on a deal. We only need one bid to win”
SES building a 10-terabit O3b 'mPower' constellation
and be sure to watch the video in this article which also has lots of geeky techy details:
http://spacenews.com/ses-building-a-10-terabit-o3b-mpower-constellation/
Why there hasn’t been any major M&A in telecom yet
http://www.fiercewireless.com/wireless/editor-s-corner-why-there-hasn-t-been-any-major-m-a-telecom-yet
updated posting explaining why GSAT hasn't been purchased yet:
NO ONE is gonna make ANY offers -- of any kind or flavor -- without the THE INTERNATIONAL REGULATORY APPROVES BEING IN HAND METAPHYSICAL CERTITUDE, viz.:
NO SANE/RESPONSIBLE PERSON is gonna consummate ANY deal on a piece of property without the of said owner of said property having a confirmed/valid DEED FOR THAT PROPERTY IN HAND -- AND with a surveyor & building/property inspector having metaphysical certitude of exactly where the property line boundaries are and that it's structures are sound and all up to code...
N.B. if there were lets say "minerals" and therefor rights to said minerals involved, any prudent buyer or lessor would also demand -- with metaphysical certitude -- that there IS gold or oil or whatever and would ALSO need to know/demand to have A Very Sound idea of just HOW MUCH gold or oil or whatever is "mine-able/extract-able" within those property lines [in GSAT's case those "property lines" are ones of sovereignty -- i.e. an autonomous state/nation] AND that the holder of the deed has metaphysical certitude confirmed mineral rights to "mine"/make use them! IN GSAT's case, Da "Minerals" is DA SPECTRUM.
ERGO, the first hurdle was cleared when our dearly beloved FCC on August 4, 2017 issued the US license mods... NOW, we need to patiently sit and wait for the applied for international licenses (nee "deeds") and ATC/TLPS terrestrial use authorizations to come through.
it's this realists view/thinking that anyone would be a DAMMED FOOL (circumventing their fiduciary duties/responsibilities) to consummate a buyout or any kind of deal or partnership of/with the co -- just as in the above case of the property example above and the metaphysical certitude of its minerals and rights thereof!
oh and one last thing, if there was NO CHANCE of the above happening/coming to fruition, yours truly doesn't think Jay Monroe would be needlessly tossing/flushing another $33MM of his capital down the proverbial toilet/into it... instead, Jay Monroe would have saved/kept the $33MM and let the co go into BK... so that is where the $ talks and it says/speaks volumes A LOT to this LONG shareholder.
"Seriously, look at $CMCSA ... down 6% today. That's huge for a company like that. Ravaged the telco space today along with $GSAT", viz.: Seriously, look at $CMCSA ... down 6% today. That's huge for a company like that. Ravaged the telco space today along with $GSAT
"Outlook for telecom sector remains mostly pretty awful, @MoffettNathanso says. As quickly as it started, any rally is over.", viz.: Outlook for telecom sector remains mostly pretty awful, @MoffettNathanso says. As quickly as it started, any rally is over.
3 things vis-a-vis the stock price droppage: $GSAT Folks freaking out looking for reasons why stock is down but all telecom is getting rocked this week. See $DISH $CTL $CBB $T $PDVW Looks like there is something bigger happening in telecom generally. Maybe big redemptions fromTelco ETFs and Indexes causing angst $GSAT
#1.) follow/look at the MSS sector -- ALL in Doggie Down Mode, viz.:
https://finance.yahoo.com/quotes/gsat,irdm,orbc,isat.l,imasy,imasf/view/v1?bypass=true
#2.)
#3.)
be greedy when others are fearful :D
World First: This is the first time ever that a voice call has been facilitated by nano-satellites and represents a huge breakthrough for the company and the telecoms and satellite industries, viz.:
http://www.investi.com.au/api/announcements/sas/8562a333-a27.pdf
"... confirms that convert bond holder was short the stock against the bonds", sez:
$GSAT Markit Short Interest at 60.33mm ... confirms that convert bond holder was short the stock against the bonds
— David D. Tawil (@DavidDTawil) September 1, 2017
Facebook has mapped populations in 23 countries as it explores satellites to expand internet
• Facebook used satellite-based data and government census information to map the Earth's entire human population.
• The data set has a resolution of five meters and knows where man-made structures are everywhere on the planet.
• Facebook has been hiring aerospace engineers and has a new executive hired to forge partnerships with aerospace and satellite companies.
By John Shinal
Sep 1 2017
https://www.cnbc.com/2017/09/01/facebook-has-mapped-human-population-building-internet-in-space.html
University of Mississippi and Globalstar Announce Strategic Partnership
"... an agreement to establish a second-generation ground station on UM’s Oxford campus. The new Globalstar ground station — telecommunications infrastructure that connects with Low Earth Orbit (LEO) satellites — will provide opportunities for the university to conduct research, testing and development of global communications technology..."
https://www.globalstar.com/en/index.php?cid=7010&pressId=977