Jay talked extensively on the different potential users of TLPS in the Q2 2014 conference call
if you didn't listen to it back on August 11th it's worth hearing
the segment which i'm speaking of was in the Q&A session and you can skip ahead to 29 minutes into the call to go directly to the response on users
to listen to that call google up " EarningsCast Globalstar Q2 2014 "
TLPS will use the network of whatever company leases the spectrum (it won't use the satellites)
so if AT&T leases it the speed would be AT&T's
if Comcast leases it the speed would be Comcast's, etc.
i'm not seeing what you're talking about
I watch for news on the iridium petition and didn't see anything posted yesterday or today
we're all hopeful that once the auction is complete the FCC will move forward with our TLPS proceeding
that's the main thing
then Jay can hold his own "private" auction
looks like Litespeed Management LLC reported owning app. 1.4M more than York at the end of September
Litespeed is owned by a gal named Jamie Zimmerman
Litespeed Management LLC was founded by Jamie Zimmerman in October 2000. Litespeed is an event-driven hedge fund focusing on special situations, distressed securities, and bankruptcies. Zimmerman returned 118% between October 2000 and December 2005, vs. -13% for S&P 500 index. The firm has around $1 Billion in assets under management. Before founding Litespeed Management, she was the head of research for risk arbitrage situations portfolio at Toronto-Dominion Bank. Zimmerman received a B.A. degree from Amherst College in 1981, followed by a J.D from the University of Michigan Law School, and a Masters in English Literature from the University of Michigan’s Horace Rackham Graduate School in 1984.
we ain't on the agenda for the December meeting as of now
if they add any items to that meeting it'll likely happen a week in advance (i.e. December 4th)
that's a notice that they're extending the comment period for proceeding 12-267 out until March 2nd
GSAT hasn't submitted any comments to that proceeding since it was recently reopened
it is entirely unrelated to GSAT's TLPS NPRM and there is no need to wait until after 12-267 matters are addressed before ruling on TLPS
a lot of what 12-267 deals with is outdated burdensome paperwork requirements which could be reduced without detriment
he ain't been here as long as you but he was here long before the sham scam
sounds to me like you singled him out cuz of the "china research " name
no offense intended but that's just silly
I only seen one tweet from them
it says "GSAT's spectrum is not being considered for cellular usage under the NPRM"
terrestrial authority to use the spectrum can't be for anything but cellular use (maybe they think the NPRM is seeking authority for extraterrestrial use)
then their tweet goes on to say "AWS auction is completely irrelevant to GSAT"
T & VZ are paying mega bucks ($29.89B as of today) for that spectrum so that they can move data to mobile customers
Sprint ain't bidding because their 2.5 GHz is already ideal for delivering data to mobile customers
GSAT's spectrum sit right between these and is ideally suited to serve the same purposes (with next to nothing build out costs)
JPM is only stating the obvious when they say the auction values have implications for GSAT
iridium went into the FCC again yesterday per the RM-11697 file
Dear Ms. Dortch:
Pursuant to Section 1.1206 of the rules of the Federal Communications
Commissions (“FCC” or “Commission”), Iridium Constellation LLC (“Iridium”),
by its counsel, hereby notifies the Commission that on November 19, 2014, Donna
Bethea-Murphy, Vice President, Regulatory Engineering of Iridium, and R. Michael
Senkowski and Gregg L. Elias of Wiley Rein LLP, counsel to Iridium, met with
Erin McGrath, Legal Advisor for Commissioner Michael O’Rielly.
posted agenda December 11th
Modernizing the E-rate Program for Schools and Libraries:
The Commission will consider a Second Report and Order on Reconsideration to close the school and library connectivity gap by adjusting program rules and support levels in order to meet long-term program goals for high-speed connectivity to and within all eligible schools and libraries.
•Connect America Fund Report and Order:
The Commission will consider a Report and Order finalizing decisions necessary to proceed to Phase II of the Connect America Fund.
•Broadcast Incentive Auction Public Notice:
The Commission will consider a Public Notice that asks for comment on the detailed procedures necessary to carry out the Broadcast Incentive Auction. The Public Notice includes specific proposals on auction design issues such as determination of the initial clearing target, opening bid prices, and the final television channel assignment process.
we ain't on it yet
if we're gonna get added I think it would be one week in advance (i.e. on December 4th)
it could that's what they got in mind so as to wait until after this auction wraps up so no bidders would be considering TLPS as an alternative
good article in Fierce Wireless today by Mike Dano on the AWS-3 auction
he states that the high prices are due to the surge in demand for suitable data spectrum to serve mobile traffic
also states that Sprint isn't bidding because their 2.5 GHz spectrum is already ideal for that purpose
he also states that AT&T and Verizon will be needing several years to build out an ecosystem for the spectrum they're buying in this auction
no mention of GSAT in the article but TLPS spectrum has the same propagation characteristics that he cites as being the driving force
i ain't signed up with seeking alpo so I ain't seen the full article
but TMF just tweeted that Richard pearson "misunderstands" what Terrestar is trying to do
Tim provides links in his tweet to the Terrestar proposal as well as the seeking alpo article
so shorts are up 2M
of those 2M
since 11/10/14 they've sold 1,335,000 to Jay and an additional 136,300 to other GSAT insiders
new numbers as of tonight (new SEC 4 filings just out)
Jay (voting & nonvoting.....634,975,993