Globalstar
Jay Monroe drops Globalstar CEO position to focus on spectrum
Jay Monroe, CEO of low-Earth-orbit-satellite operator Globalstar for the past 13 years, is leaving his position, but not the company, following a failed merger with another company he controls.
FIRST UP Satcom | Globalstar scraps FiberLight merger • Intelsat finds new Ariane 5 co-passenger
FIRST UP Satcom is a weekly SpaceNews newsletter for satellite and telecom professionals.
Op-ed | Networking the space-terrestrial frontier
The planned deployment of thousands of LEO satellites by OneWeb and SpaceX’s Starlink are proof that the crusade for high throughput, low latency and wide coverage has only started.
KT Sat eyes North Korean business • Outdoor Wi-Fi interfering with Globalstar constellation • Viasat buys British defense company
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Globalstar merging with FiberLight for $1.65 billion
Thermo Capital, owner of Globalstar, is merging the satellite operator with a landline company it owns in a $1.65 billion deal intended to help pay off Globalstar’s debts.
Bullish Globalstar investor offers $150 million loan to offset operator’s financial troubles
An investor in Globalstar is ready to put $150 million into the low-Earth-orbit satellite operator in the company’s stock should be trading at five times current prices.
Globalstar plays up spectrum strategy as debt deadline looms
Low-Earth-orbit satellite fleet operator Globalstar is meeting with telecom regulators around the world in an effort to globally authorize some of its satellite spectrum for mobile broadband services.
Globalstar to make stock offer for $125 million
Mobile satellite services provider Globalstar announced after Wednesday’s closing bell a proposed public offering of $125 million in shares of voting common stock.
Boeing warns aviation safety program could interfere with Globalstar satellites
An aeronautical communications service meant to improve aircraft safety while on the ground at airports could cause unacceptable interference to Globalstar’s satellite system, according to Boeing.
Satcom company Globalstar is considering selling
Potential buyers will likely be interested in the company's spectrum after Globalstar won approval to use it for mobile broadband service.
Globalstar embraces LTE in revamped terrestrial communications plan
After giving up a contested effort to pair licensed and unlicensed spectrum for a new wireless service, mobile satellite services provider Globalstar has revamped its terrestrial communications plan to create an LTE service instead, company officials told investors Jan. 6.
Microsoft frags Globalstar’s TLPS Wi-Fi plan over Xbox interference claim
Mobile satellite-service provider Globalstar is still trying to convince the U.S. Federal Communications Commission to let it convert a portion of its satellite spectrum into a terrestrial Wi-Fi network. However, the proposal was dealt another setback when Microsoft complained to the FCC last month that Globalstar’s so-called Terrestrial Lower Power Solution could create interference problems for the Xbox 360S gaming console.
Globalstar Contractor Accepts Stock in Lieu of Cash
Mobile satellite services provider Globalstar Inc. has been spared a portion of what is still likely to be a challenging cash call in 2015 following the agreement by ground-network provider Hughes to take payment in Globalstar stock.
Higher-speed Globalstar Service To Roll Out This Year in North America
Globalstar said its upgraded ground segment, which allows customers to take full advantage of its second-generation satellite constellation, should be in service late this year in North Amercia, with Brazil and Europe to follow.
Globalstar Shares Rise After Stock-shorter Cashes Out
An activist investor that in October said it was betting heavily against mobile satellite services provider Globalstar on Feb. 17 announced it had sold out its short position of around $7.3 million, or 3.8 percent of Globalstar’s total share count.
Globalstar Stock-shorter’s Condemnations Provoke Feisty Rebuttal
Globalstar, whose stock had risen sharply in recent months as investors bought into the idea that its satellite spectrum could be used to provide a terrestrial Wi-Fi service, found itself on the ropes the week of Oct. 6 as a short-seller investor said Globalstar is dead on its feet.
