Saturday, August 08, 2015 7:01:51 PM
-Globalstar is awaiting TLPS approval from FCC
-Low satellite orbit will make satellite internet a reliable and viable option something that has not been the case in the past
-Currently the sub-par nature of satellite internet confines it's viability to a niiche of thousands.
-Increasing the performance to par with acceptable mainstream data speeds will guarantee millions upon millions globally would rely on satellite internet via the TLPS
-As you stated XGate is charging $120/monthly per subscription for sub-par satellite internet performance
-If TLPS is approved by FCC then YIPI will essentially replaces XGate with the growth and acquirement of millions of customers.
-The math at it's current rate ($120/monthly per user) for a million users would be equivalent of YIPI generating revenues of $120MM/monthly giving it an estimated yearly revenue of $1.4 billion
Thanks for the information on XGate and it's current function. That really helped understand the math and potential growth possibility contingent upon GSAT getting FCC approval.
The big picture strategy from GSAT and YIPI is now makes a whole lot of sense. Definitely BIG MONEY if GSAT pulls of the FCC approval IMHO
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