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Industry: Email Alert RSS FeedGlobalstar touts successes one year after bankruptcy.(News)
RCR Wireless News, May, 2005
Satellite carrier Globalstar heralded its successes a year out of bankruptcy, claiming new products and services, expanded coverage, reduced costs and a growing subscriber base.
"Globalstar has delivered on and even exceeded every growth metric we set one year ago,'' said Jay Monroe, the company's chairman and chief executive officer. "We trained our sights on high-usage vertical markets and have developed a high revenue-generating roster as a result of this approach. We said we would offer new products and services that capitalized on the ubiquity and cost effectiveness of Globalstar service, and we did. All the while, our customers have continued to enjoy voice quality, reliability, data connectivity and availability that are unparalleled in the industry....
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