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Monday, May 08, 2017 7:27:27 PM
IBM owns 8% of YIPI
Globalstar own 20% of YIPI
Lots of PRs from HIGHLY credible sources...
Even Zacks says Yippy is #1 here's a snippet
Last Friday, the company made a small, but potentially significant play in order to do just that.
Globalstar announced the launch of its new satellite industry compression service. The company will offer its compression services, which were developed by Yippy, Inc. , to its existing clients, as well as other players in both the Mobile Satellite Services and Fixed Satellite Services industries. The move will increase internet speeds for Globalstar customers and allow them to access and download important data and information much faster than before.
Some Globalstar satellite clients can expect to see wait times to load online content decrease from minutes to seconds. The compression industry is likely to grow as the amount of data stored on the web increases exponentially, and Globalstar has positioned itself well by partnering with compression technology leader Yippy.
"The rollout of this effort has been a major initiative for our satellite operations teams and last year we provided the service on a trial basis,” Globalstar CEO Jay Monroe said in a press release. “After months of rigorous testing, we have concluded that Yippy's platform provides subscribers with a greatly enhanced data service experience. Additionally, we believe that the technology can be used by operators throughout the satellite industry and we look forward to working with other providers to integrate this technology into their platforms."
here's the link - not even a month old from ZACKS...
https://www.zacks.com/stock/news/255912/after-atampt-buys-straight-path-globalstar-could-be-the-next-telecom-takeover-target
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