COVINGTON, La., June 14, 2013 (GLOBE NEWSWIRE) -- Globalstar Inc., a leading provider of mobile satellite voice and data services, today expressed its support for the President's renewed effort to accelerate the use of additional spectrum for innovative mobile broadband applications.
"Globalstar greatly appreciates the President's actions today to highlight the need to free up additional spectrum for mobile broadband services. To further the President's goals, we encourage the Federal Communications Commission to move forward with Globalstar's proposal to utilize its licensed satellite spectrum including to provide an innovative Terrestrial Low Power Service (TLPS) that holds the promise of substantially alleviating existing Wi-Fi congestion currently being experienced around the country," said L. Barbee Ponder, General Counsel & Vice President of Regulatory Affairs for Globalstar. "As our recently announced test results demonstrate, Globalstar's TLPS establishes usable broadband connections that are a multiple of the distance and speed currently available from public Wi-Fi, without impacting existing Wi-Fi services operating in adjacent channels."
Today, the President sent a Memorandum to the heads of his executive departments and agencies calling for swift action in order to expand America's leadership in the field of wireless innovation and encourage further development of cutting-edge wireless technologies, applications and services. One of the President's specific requests is for the FCC to expedite the repurposing of spectrum to enable innovative and flexible commercial uses of spectrum. The President urged the FCC to promote new deployments by "identifying spectrum allocated for nonfederal uses that can be made available for licensed and unlicensed wireless broadband services and devices, and other innovative and flexible uses of spectrum, while fairly accommodating the rights and reasonable expectations of incumbent users."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.
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