If spending money to build a satellite phone network reminds you of a few recent financial debacles, you’re not alone. But regardless of its past foibles, Globalstar has created a real business and is announcing today that it is taking the first steps to deploying its $1.29 billion second-generation satellite phone network. While satellite phones seem quaint at a time of growing cell phone coverage, Tony Navarra, president of global operations at the Milpitas, Calif., company, said that many of Globalstar’s 375,000 customers are in remote regions of the U.S. and Canada. The phones used [...]

Continue Reading...