FCC Releases Proposed Rules For Globalstar Terrestrial Broadband Services Over
22 MHz Of Spectrum
Company to host conference call on Wednesday, November 6th to discuss these
new rules and near-term outlook for relief
COVINGTON, La., Nov. 3, 2013
COVINGTON, La., Nov. 3, 2013 /PRNewswire/ -- Globalstar, Inc. (OTCQB: GSAT)
announced today that the Federal Communications Commission ("FCC") has issued
a Notice of Proposed Rulemaking ("NPRM") commencing a formal proceeding to
allow Globalstar to deploy a terrestrial broadband network over 22 MHz of
spectrum in the 2.4 GHz band. As Globalstar requested, the proposed new rules
would allow the Company to provide terrestrial broadband services over its
11.5 MHz of previously-licensed S-band spectrum at 2483.5-2495 MHz, as well as
the adjacent 10.5 MHz of unlicensed spectrum at 2473-2483.5 MHz.
As provided in the 2010 National Broadband Plan, these proposed rules are
consistent with the FCC's policy to more intensively use satellite spectrum to
meet the nation's growing demand for mobile broadband services while
preserving mission-critical mobile satellite capabilities. Upon final adoption
of these rules, Globalstar can maximize the utility of this resource, adding a
full 22 MHz to the nation's inventory of available terrestrial broadband
Further, consistent with the Company's proposed near-term and long-term
procedural structure for considering terrestrial use in Globalstar's Big LEO
spectrum, the FCC confirmed that Globalstar's L-band proposal will be
addressed separately from this proceeding.
"The FCC's release of Globalstar's requested Notice of Proposed Rulemaking
last Friday represents a seminal development and yet another step forward in
Globalstar's renaissance," said Jay Monroe, the Company's Chairman and Chief
Executive Officer. "We look forward to receiving the public's comments and
working towards a final order over the next several months."
Globalstar will host a conference call Wednesday, November 6th, 2013, at
10:00am EST to discuss this recent development. Please join us for what
promises to be an informative discussion regarding the proposed rules, next
steps and near-term outlook for permanent terrestrial relief.
Details are as follows:
10:00am EST, November 6, 2013
Investors and the media are encouraged to listen to the call
through the Investor Relations section of the Company's
website at www.globalstar.com/investors.
If you would like to participate in the live question and
answer session following the Company's conference call,
please dial 1 (888) 424-8151 (US and Canada), 1 (847)
585-4422 (International) and use the participant pass code
A replay of the conference call will be available for a
Audio Replay: limited time and can be heard after 12:30 p.m. EST on
November 6, 2013. Dial: 1 (888) 843-7419 (U.S. and Canada), 1
(630) 652-3042 (International) and pass code 8114 877#.
About Globalstar, Inc.
Globalstar is a leading provider of mobile satellite voice and data services.
Globalstar offers these services to commercial and recreational users in more
than 120 countries around the world. The Company's products include mobile and
fixed satellite telephones, simplex and duplex satellite data modems and
flexible service packages. Many land based and maritime industries benefit
from Globalstar with increased productivity from remote areas beyond cellular
and landline service. Global customer segments include: oil and gas,
government, mining, forestry, commercial fishing, utilities, military,
transportation, heavy construction, emergency preparedness, and business
continuity as well as individual recreational users. Globalstar data solutions
are ideal for various asset and personal tracking, data monitoring and SCADA
applications. Note that all SPOT products described in this or any Globalstar
press release are the products of Spot LLC, which is not affiliated in any
manner with Spot Image of Toulouse, France or Spot Image Corporation of
Chantilly, Virginia. SPOT Connect is a trademark of Spot LLC.
For more information regarding Globalstar, please visit Globalstar's website
SOURCE Globalstar, Inc.
Contact: L. Barbee Ponder, General Counsel & Vice President Regulatory
Affairs, Phone: (985) 335-1503, Email: barbee.ponder@Globalstar.com
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