DUBLIN, Ireland, Oct. 18, 2012 (GLOBE NEWSWIRE) -- Globalstar Europe Satellite Services Ltd., a wholly owned subsidiary of Globalstar, Inc. (Nasdaq:GSAT) and a leading provider of mobile satellite voice and data services to businesses, governments and consumers, today announced that it has signed an authorized distribution agreement with Virtual Mobile Data (VMD). VMD will act as a National Distributor for Globalstar's suite of duplex and SPOT products to the defence, government, maritime, oil and gas, transportation, tourism and mining sectors within the Tunisian and Algerian Mainland Territories via their established Dealer channel.
"We are delighted to be working with VMD within the expansive, fast developing markets of North Africa. They are uniquely positioned to offer our suite of Duplex and SPOT products to the Government, B2B and B2C markets within that region," said Mark O'Connell, Director European Sales & Business Operations, Globalstar Europe Satellite Services Ltd.
On September 25 th 2012, Globalstar announced that it had eliminated roaming charges between Independent Gateway Operator, Globalstar Avrasya of Turkey and Globalstar Europe. Globalstar Europe Satellite Services gateway in Aussaguel, France and Globalstar Avrasya's gateway located in Ankara, Turkey are now provisioned to facilitate flat rate telecommunications throughout all of the European sub-continent as well as Northern Africa, the Middle East, most of the Mediterranean and the eastern Atlantic Ocean maritime region.Globalstar is currently planning to launch six additional LEO (low-earth orbit) satellites in early February 2013, completing its second-generation satellite launches. The Globalstar second-generation satellite constellation is designed to support the Company's current line-up of voice, Duplex and Simplex M2M data products and services including its suite of SPOT retail consumer products. The new satellites are designed to last for 15 years, twice the lifespan of Globalstar's first-generation satellites. "By signing this agreement, we are expanding our collaboration and partnership with Globalstar, as well as strengthening our position as a leader in the Northern African satellite telecommunications market. Thanks to the best Duplex voice quality and fastest low band data speeds, we are now able to meet our customer's key requests. We are confident that through this collaboration, VMD will be the principal partner for individuals and businesses seeking satellite communication in Northern Africa," said Yosri Ben Ismail, Operations Manager with VMD.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV