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nilremerlin

01/23/12 11:57 AM

#134388 RE: runandadd #134387

runandadd: "Long-term contracts with Globalstar allow GTC access to their satellite network for the purposes of offering tracking services for commercial applications over the useful life of the appliqués through 2025."

http://globaldocuments.morningstar.com/DocumentLibrary/Document/1c2f7a1870be8cd2b5ca84793083c422.msdoc/original/r9.htm

nilremerlin
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rwehapi2003

01/23/12 6:32 PM

#134403 RE: runandadd #134387

Not sure about now, but at one time, there was a relationship between the two that was supposed to result in an Applique install in Riyadh, Saudi Arabia. The installation was shut down a few years back, but apparently, there is a renewed insterest of some sort.

Whether it is the same groundstation and whether GTC is going to have an applique placed there has yet to be revealed....but it's something to consider given the renewal of certain arrangements between GSAT and GTC in early 2011.


http://ir.stockpr.com/wsgi/sec-filings?page=4#document-20653-0001144204-11-054273