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Balance Sheet Cash Flow Statement 461 S. Milpitas Blvd. Milpitas, CA 95035 CA Tel. 408-933-4000 Fax 408-933-4100 |
Type: Public
On the web:
http://www.globalstar.com
Globalstar provides satellite voice and data services, targeting areas underserved by traditional wireless and wireline services. It utilizes digital CDMA (code division multiple access) technology developed by Globalstar co-founder QUALCOMM. The firm's satellites bounce calls from special mobile phones back to ground-based gateways connected with traditional phone networks. Its network of satellites and ground stations provides service to about 340,000 customers in 120 countries. Customers include companies in the energy and maritime industries. Half of its ground stations are operated by independent companies that buy Globalstar's services on a wholesale basis. North America is the company's biggest market.
Key numbers for fiscal year ending December, 2008:
Sales: $86.1M
One year growth: (12.5%)
Net income: ($68.0)M
Officers:
Chairman: James (Jay) Monroe III
CEO and Director: Peter J. Dalton
SVP and CFO: Fuad Ahmad
Competitors:
Inmarsat
Iridium Satellite
SkyTerra
