Globalstar Inc (GSAT)

[Raffis]

MASSIVE PROBABILITY:

https://www.bloomberg.com/press-releases/2020-11-06/globalstar-receives-terrestrial-authorization-in-canada-brazil-and-kenya

“We remain active across Europe and Africa working with numerous national
administrations to authorize Globalstar’s services, including its terrestrial
offering. Botswana was the first such international administration to do so.
Botswana has been followed by six other African nations – South Africa,
Namibia, Mozambique, Gabon, Rwanda, and, now most recently, Kenya. These
countries have authorized Globalstar to provide terrestrial services without
any power limitations.

In Europe, Globalstar’s request for Band 53 terrestrial service is currently
being considered as a formal technical work item within CEPT, the pan-European
telecom coordination body. Globalstar’s work item is supported by multiple
European administrations. Most recently, ARCEP, the French telecom regulator,
granted Globalstar a test license to permit Band 53 demonstrations in Paris to
further support the technical work being conducted at CEPT. The successful
completion of the CEPT study is a prerequisite for future terrestrial
licensing by European administrations. Globalstar remains committed to seeing
this work through successfully.

TERRESTRIAL SPECTRUM IMPLEMENTATION UPDATE

Kyle Pickens, Vice President of Strategy at Globalstar and Partner at Thermo
Companies, said “The number of opportunities we are currently pursuing for our
terrestrial spectrum and the support we are receiving from international
regulators and our ecosystem partners are all moving in the right direction.
In the following paragraphs, we will explain certain current target
opportunities and how the markets for Globalstar’s spectrum assets are
developing generally. These views are enhanced by Thermo's current portfolio
and partners, including FiberLight, Lumen, Pivotal Commware, Airspan, Recon
and XCOM Labs. Nearly all of the Thermo investments over recent years are
meant to directly help Globalstar maximize its potential which has proven to
be a helpful strategy thus far.”