Wednesday, May 05, 2021 6:44:07 PM
“The bear thesis on Globalstar has been some combination of a not wide enough terrestrial spectrum band, low power levels, underperforming satellite business and balance sheet risks. But our recent announcements of milestones hit over the last few months deliver against each element of this thesis. The announcement of Nokia’s work with Tideworks and Band 53’s inclusion in major 5G chipsets provides more concrete evidence that there are current use cases for our spectrum resource. The Ceres Tag announcement is another example, like the SPOT franchise before it, to address the underperforming satellite business narrative. Other near-term opportunities will address any remaining satellite performance arguments. Lastly, as the equity market begins to reflect more of the value we have long seen, the balance sheet risks continue to diminish, allowing investors to more comfortably see what we are developing.”
The Company is aggressively commercializing Band 53 globally and expects to close many revenue generating opportunities both in the US and in other approved countries in 2021. Management looks forward to sharing those wins as they are completed. Opportunities in 2021 are likely to remain in the transportation, logistics, oil and gas or mining sectors but the Company looks forward to reaching broader markets as the new 5G modem is deployed. The recent successes of Anterix’s private networks deals, CBRS and the C-band auction have all combined to highlight the value for spectrum, especially licensed spectrum, and Globalstar looks forward to deals and deployments in a similar fashion. https://urgentcomm.com/2021/01/05/anterix-signs-900-mhz-spectrum-lease-with-utility-ameren-expects-more-deal-in-near-future/
While commercialization efforts have picked up, the Company is still proceeding with multiple regulatory efforts around the world. Today, the Company’s terrestrial authorities cover 730 million people with 9.1 billion MHz-POPs and we expect to continue to add more approved countries. The Company is also developing other regulatory strategies to further increase the value of Globalstar’s other spectrum bands and satellite resources after successfully “terrestrializing” Band 53 in Canada, Brazil, Kenya and South Africa in roughly the last year.
NOTE: Globalstar is covering 9.1 Billion MHz POPS, above paragraph. And we know that the Qualcomm lease is for global application. Now calculate the leasing costs of 2.4GHz and 2.5 GHz spectrum below: GLOBALSTAR MADE BIG MONEY!!!!!!!!
Look at pages 7 and 10 in the link, below, to find leasing prices / MHz POP for spectrum; Then do the math.
https://www.nctatechnicalpapers.com/Paper/2019/2019-mid-band-spectrum-opportunities-and-challenges/download
Recent GSAT News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 08:50:04 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/12/2024 08:06:24 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/11/2024 08:16:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/03/2024 03:34:53 PM
- Liquid Intelligent Technologies and Globalstar Partner to Deliver High-speed 5G Access Solutions Across Africa, the Middle East, and the Gulf • Business Wire • 08/21/2024 01:23:00 PM
- FCC Reauthorizes Globalstar’s HIBLEO-4 Constellation • Business Wire • 08/19/2024 01:27:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 01:23:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 12:02:01 PM
- Globalstar Announces Second Quarter 2024 Financial Results • Business Wire • 08/08/2024 12:00:00 PM
- Globalstar, Inc. Earnings Release and Call Notice • Business Wire • 07/26/2024 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 09:17:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/03/2024 05:03:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 08:34:17 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/17/2024 12:02:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 08:25:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 08:24:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 09:26:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:15:09 PM
- Globalstar Announces First Quarter 2024 Financial Results and Operational Updates • Business Wire • 05/08/2024 08:15:00 PM
- Globalstar, Inc. Earnings Release and Call Notice • Business Wire • 05/03/2024 09:03:00 PM
- Globalstar Celebrates 10,000 Rescue Milestone with SPOT Brand Giveaway • Business Wire • 04/24/2024 12:30:00 PM
- Globalstar to Participate in Upcoming Investor Conferences • Business Wire • 04/18/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 01:29:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:51:54 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:51:43 AM
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