COVINGTON, La., Jan. 21, 2013 (GLOBE NEWSWIRE) -- Globalstar, Inc. (OTCBB:GSAT), today expressed its support for Federal Communications Commission (FCC) Chairman Genachowski's recent call to boost Wi-Fi Speed and Reduce Wi-Fi Congestion in order to spur further wireless innovation for an ever increasing mobile world. "As consumer adoption of wireless devices continues to soar, Wi-Fi congestion is becoming a critical problem for consumers and innovators," Chairman Genachowski said.
As announced in November, Globalstar has petitioned the FCC to obtain the regulatory flexibility necessary to use its licensed MSS spectrum terrestrially to support mobile broadband applications throughout the United States, including Wi-Fi. Globalstar's petition for rulemaking has received public comments, to which the company will officially respond on January 29 th.
"Wi-Fi availability should never be the problem, but rather should be the solution to ensuring that consumers can stay connected and have a positive experience regardless of their increasingly crowded surroundings," said Jay Monroe, Chairman and Chief Executive Officer of Globalstar. "Participation and support from the wireless industry is needed to ensure that this Terrestrial Low Power Service is implemented successfully." Globalstar's Terrestrial Low Power Service ("TLPS") would maximize the wireless capacity available within the 2.4 GHz Industrial Scientific and Medical ("ISM") band where most Wi-Fi use currently exists, while causing no detrimental impact on other existing or future unlicensed uses in that band, including existing and future Wi-Fi use in Channel 11 and existing and future Bluetooth use throughout the 2.4 GHz ISM band. TLPS represents an opportunity for the manufacture and deployment of additional carrier-grade access points that will help eliminate the "critical problem" that Chairman Genachowski has identified.FierceWireless Webinar. L. Barbee Ponder of Globalstar and John Dooley of Jarvinian will discuss the company's TLPS proposal in FierceWireless' Tuesday, January 22, 2013 webinar, "Globalstar's New Wi-Fi Super Highway" at 11:00 EST. The Company will address the technical aspects of the proposed TLPS deployment, expected consumer benefits, business opportunities and the outlook for near-term relief from the FCC. To learn more about and register for this webinar, please click on the following link.
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