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Globalstar lifts revenues to USD 32.2 mln in Q1

Friday 8 May 2020 | 16:10 CET | News
Satellite services provider Globalstar said results were impacted by the covid-19 pandemic, but that the added 5G status to Band 53 at 3GPP has and will help push lease revenue from terrestrial spectrum this year and in the future. "With recent vendor commitments for chipset development, which will enable Band 53 in next year's chipsets and dramatically increase device availability, our focus has shifted to the last two steps," executive chairman Jay Monroe said.

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Categories: Broadcast & Satellite
Companies: Globalstar
Countries: World
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