Globalstar Announces the Successful Completion of MSS & Terrestrial Authorizations Across Africa, Covering a Population in Ex...
June 19 2019 - 7:38AM
Business Wire
Globalstar, Inc. (NYSE American: GSAT) announced that it has
received MSS and terrestrial authorizations in South Africa,
Mozambique, Gabon, and Rwanda. These countries join Botswana in
representing over 1.1 million square miles of territory, a
population greater than 100 million people, annual GDP of over a
half a trillion USD and more than 1.7 billion MHz-POPs of licensed
coverage across Africa.
In these countries, Globalstar has obtained terrestrial LTE
authority over its entire 16.5 MHz of S-band spectrum (2483.5-2500
MHz), most with permissible power limits suitable for both macro
and small cell deployments.
Globalstar has established domestic subsidiaries with
experienced and qualified partners who bring extensive knowledge of
their local markets and are poised for success domestically and
regionally with both MSS and terrestrial LTE service offerings.
Globalstar’s satellite services combined with these flexible new
terrestrial authorizations enable it to offer unique communications
solutions in regions that have historically presented complex
network deployment problems. Globalstar’s team is now pursuing
multiple private LTE opportunities across these licensed markets
that are home to thousands of major oil & gas, mining,
agricultural, industrial, and conservation operations.
The Company looks forward to working with local in-country
partners to deploy its satellite and terrestrial network solutions
as well as directly with industrial partners. Globalstar and its
technology partners have already entered the first Memorandum of
Understanding with a customer in Mozambique for a Band 53 private
LTE network solution and looks forward to providing additional
information on this opportunity once definitive agreements are
executed. Mozambique is blessed with tremendous natural resources
and garnering significant international investment.
Furthermore, Globalstar’s licensing in Rwanda and Gabon include
C-Band authorizations at 5.1 and 7 GHz for the possible
establishment of satellite gateway earth stations that would work
in concert with existing gateways in Botswana, France and Turkey,
to augment and solidify its coverage across the entire continent.
Globalstar is working towards final investment decisions regarding
one or more of these additional gateways in the near future.
“Africa is a rich market for our terrestrial and satellite
services, and Globalstar is committed to bringing its unique mix of
solutions to the continent to meet the communications needs of the
next generation of African businesses and consumers,” said Jay
Monroe, Globalstar’s Executive Chairman of the Board. “Satellite
and terrestrial-based industrial IoT solutions will be critical to
facilitating enhanced communications and data solutions in regions
that have not previously had reliable wireless and wireline
communications.”
Finally, Globalstar extends a special note of thanks to the
ministries and regulatory authorities of the African countries for
their competency, hard work, transparency and global leadership in
supporting the advancement of spectrum technologies for the benefit
of consumers and businesses in Africa.
About Globalstar
Globalstar is a leading provider of customizable Satellite IoT
Solutions for customers around the world in industries such as oil
and gas, transportation, emergency management, government, maritime
and outdoor recreation. A pioneer of mobile satellite voice and
data services, Globalstar allows businesses to streamline
operations by connecting people to their devices, supplying
personal safety and communication, and automating data to more
easily monitor and manage mobile assets via the Globalstar
Satellite Network. The Company's Commercial IoT product portfolio
includes the industry-acclaimed SmartOne asset tracking products,
Simplex satellite transmitters, and the SPOT® product line of
personal safety, asset and communication devices, all supported on
SPOT My Globalstar, a robust cloud-based back office solution.
Completing the satellite product suite are Duplex satellite data
modems, the innovative Sat-Fi2 satellite Wi-Fi hotspot, with all
product solutions offering a variety of data service plans. Learn
more at Globalstar.com
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version on businesswire.com: https://www.businesswire.com/news/home/20190619005402/en/
Marcy O'Leary, Globalstar, Inc.marcy.oleary@globalstar.com(985)
335-1609
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