Page 9 - Jay Monroe News Today : Breaking News, Live Updates & Top Stories | Vimarsana

For nearly 20 years, Thermo Companies has been quietly making investments in the telecom space by mixing together a blend of 5G assets that includes midband spectrum holdings, fiber transport and technologies related to spectrum efficiency. However, it's unclear what the investment firm's end goal is. "These investments don't work together like a perfect puzzle at this point. We are trying to get them to be, but we aren't there yet," said Kyle Pickens, VP of strategy at Globalstar and a partner at Thermo Companies. Globalstar ties Thermo is probably best known for its majority ownership of Gl...

1 month ago COVINGTON, La.–(BUSINESS WIRE)–Globalstar, Inc. (NYSE American: GSAT) today announced financial and operating results for the fourth quarter and year ended December 31, 2020. Dave Kagan, Chief Executive Officer of Globalstar, commented, “2020 was a very productive year for Globalstar as we surpassed a series of milestones in both the satellite business and in terrestrial spectrum. Momentum has continued into 2021. In this release we provide an overview of the satellite business’s recent performance and update our strategies going forward. We...

Globalstar, Inc. (NYSE:GSAT) runs in leading trade, it decreasing -4.97% to traded at $1.53. GSAT attains analyst recommendation of 3.00 on scale of 1-5 with week’s performance of 4.08%. Globalstar, Inc. (NYSE MKT:GSAT) will host a conference call on Friday, January 6 at 8:30 a.m. EST to discuss the recent adoption of the Report and Order by the Federal Communications Commission. Participants will include Jay Monroe, Chairman and CEO, Barbee Ponder, General Counsel and VP of Regulatory Affairs, Tim Taylor, VP of Finance, Business Operations & Strategy and John Dooley, Managing Director at J...

2 months ago COVINGTON, La.–(BUSINESS WIRE)–Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”) today announced the formation of a global strategic alliance with XCOM Labs (“XCOM”). Globalstar and XCOM will jointly seek to commercialize XCOM’s capacity-multiplying technology with Globalstar’s Band n53 for dense 5G deployments in the US and in other countries where Globalstar has terrestrial rights. Jay Monroe, Globalstar Executive Chairman commented, “The Company’s global mid-band spectrum portfolio is a significant as...

2 months ago Qualcomm to Include Band N53 in New 5G Flagship Modem COVINGTON, La.–(BUSINESS WIRE)–Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”) today announced that Qualcomm Inc. has included Globalstar’s Band n53 in its new 5G X65 modem. The X65 is Qualcomm’s flagship 5G modem and adds global 5G band support for n53. With Qualcomm’s support the potential device ecosystem expands significantly to include the most popular smartphones, laptops, tablets, automated equipment and other IoT modules. Kyle Pickens, VP Strategy...