{"id":180753,"date":"2010-01-14T15:37:08","date_gmt":"2010-01-14T20:37:08","guid":{"rendered":"http:\/\/www.stoth.com\/2010\/01\/14\/globalstar-prepares-to-spend-1-3b-on-its-second-generation-satellite-phone-network\/"},"modified":"2010-01-14T15:37:08","modified_gmt":"2010-01-14T20:37:08","slug":"globalstar-prepares-to-spend-1-3b-on-its-second-generation-satellite-phone-network","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/180753","title":{"rendered":"Globalstar prepares to spend $1.3B on its second-generation satellite phone network"},"content":{"rendered":"<p><\/p>\n<p>If spending money to build a satellite phone network reminds you of a few financial debacles, you&#8217;re not alone. But regardless of its past foibles, Globalstar is announcing today that it is preparing to spend $1.29 billion on its satellite phone network.<\/p>\n<p>Tony Navarra, president of global operations at Globalstar in Milpitas, Calif., said in an interview that this new investment could be far more cost effective. For $1.29 billion, Globalstar will be able to launch 24 satellites into orbit and build another 24 for the future. These satellites should last for 15 years, until 2025 and beyond, compared to just 7.5 years for the company&#8217;s first-generation satellites.<\/p>\n<p>The last network cost $4.5 billion to complete and the debt load was so heavy that it drove Globalstar, founded in 1994, into bankruptcy in 2004. It restructured its debt and then went public in 2006. In the summer of last year, it did a <a href=\"http:\/\/www.globalstar.com\/en\/news\/pressreleases\/press_display.php?pressId=549\">debt financing of $738 million<\/a>. Competition includes Inmarsat, Iidium Satellite, SkyTerra Communicaitons and Orbcomm.<\/p>\n<p>Navarra said the satellites in the first network are becoming weaker. The low-earth orbiting satellites circle the globe about 850 miles in the sky. As they age, Globalstar takes them up about 1,000 miles above the earth and then replaces them with new satellites.<\/p>\n<p>Since the technology has improved, the second-generation network will be able to handle duplex voice and data at a rate of 256 kilobits per second, compared to just 9.6 kilobits per second earlier. It has high quality and the data transfer speed will now be better.<\/p>\n<p>To further finance its new generation, Globalstar has raised $505 million in loans from a consortium of French banks and another $71 million from satellite maker Thales Alenia and rocket maker Arianespace.<\/p>\n<p>While satellite phones seem quaint at a time of growing cell phone coverage, Navarra said that many of Globalstar&#8217;s 375,000 customers are in remote regions of the U.S. and Canada. The phones used to be the size of bricks, but they&#8217;re now about twice the size of typical cell phones, with a little antenna nub sticking out of them.<\/p>\n<p>The company generates about $76 to $80 per subscriber per month for voice service and $10 per subscriber per month for data service. The company also makes money from engineering services. <a href=\"http:\/\/venturebeat.com\/2010\/01\/05\/delorme-and-spot-combine-handhled-gps-with-satellite-communicator\/\">And its Spot division recently announced a satellite communicator to go with Delorme&#8217;s navigation handheld<\/a>.<\/p>\n<p>Navarra said the company will launch one or two rockets this year, using Arainespace. Each rocket will carry six satellites. Today, the company said it has begun to install upgrades at its gateway ground stations around the world to get ready to deploy the second-generation satellite constellation.<\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/s7kp3k6MX0u1V3mFbG_0652KzGM\/0\/da\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/44f75_di\" border=\"0\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/s7kp3k6MX0u1V3mFbG_0652KzGM\/1\/da\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/44f75_di\" border=\"0\"><\/img><\/a><\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/Venturebeat?a=UON0dp0eRRg:x-1AB9Z9Q08:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/44f75_Venturebeat?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Venturebeat?a=UON0dp0eRRg:x-1AB9Z9Q08:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/44f75_Venturebeat?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Venturebeat?a=UON0dp0eRRg:x-1AB9Z9Q08:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/44f75_Venturebeat?i=UON0dp0eRRg:x-1AB9Z9Q08:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Venturebeat?a=UON0dp0eRRg:x-1AB9Z9Q08:I9og5sOYxJI\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/44f75_Venturebeat?d=I9og5sOYxJI\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Venturebeat?a=UON0dp0eRRg:x-1AB9Z9Q08:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/59edb_Venturebeat?i=UON0dp0eRRg:x-1AB9Z9Q08:D7DqB2pKExk\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/59edb_UON0dp0eRRg\" height=\"1\" width=\"1\" \/> <\/p>\n<p>Buy This Item: <a class=\"buy\" href=\"http:\/\/www.stoth.com\/buy.php\" ><span style=\"color: #33bc03\">[Click here to buy this item]<\/span><\/a><\/p>\n<p><a href=\"http:\/\/feedproxy.google.com\/~r\/Venturebeat\/~3\/UON0dp0eRRg\/\" >Read Original Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If spending money to build a satellite phone network reminds you of a few financial debacles, you&#8217;re not alone. But regardless of its past foibles, Globalstar is announcing today that it is preparing to spend $1.29 billion on its satellite phone network. Tony Navarra, president of global operations at Globalstar in Milpitas, Calif., said in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-180753","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/180753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=180753"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/180753\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=180753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=180753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=180753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}