Globalstar reaches deal with debt holders
The deal brings to a close weeks of negotiations between the Covington-based company and noteholders that sought to surrender their securities and collect more than $70 million from the company.
View ArticleGlobalstar discloses debt repayment details
Globalstar Inc. is shedding more light on its restructured debt plan, giving investors a closer look as to quickly the company will need to pay back more than $200 million in loans.
View ArticleGlobalstar tests mobile Internet technology at UNO
Satellite communications provider Globalstar Inc. has chosen the University of New Orleans campus as a test site for new technology that enables the company to use its airwave spectrum to support...
View ArticleGlobalstar gets boost as FCC reviews mobile Internet plan
Globalstar Inc. stock hit a 52-week high today after federal regulators agreed to review its proposal to use some of its airwave spectrum to support growing demand for mobile Internet access.
View ArticleGlobalstar unveils growth plans amid 3Q losses
Globalstar Inc. is planning to expand its services to Latin America and other international markets as it seeks to reverse losses that continued to weigh on the company in the third quarter.
View ArticleGlobalstar pursues Nasdaq, NYSE listing
The Covington satellite communications company has applied to the Nasdaq exchange and the New York Stock Exchange just more than a year after it was pulled from the Nasdaq.
View ArticleGlobalstar developing aircraft tracking system
A Louisiana company says it's working toward federal approval of satellite GPS technology that would provide second-by-second tracking of aircraft anywhere in the world.
View ArticleGlobalstar approved for stock trading
Telecommunications firm Globalstar Inc. announced today that it has been approved to list its common shares for trading on the New York Stock Exchange MKT.
View ArticleDebt payoffs in 1Q offset Globalstar’s product milestone
Paying off old debt took a big hit on Globalstar’s earnings in the first quarter. The Covington-based Satellite communications provider Globalstar reported a first quarter net loss of $250.5 million.
View ArticleGlobalstar reports second quarter loss
Debt payoff has once again badly hit the telecommunications company’s earnings in the second quarter.
View ArticleNet income rises for Globalstar
After a year of losses, the satellite telecommunications company Globalstar has reported a net income of $129.4 million for the third quarter of this year. It reported a net loss of $205 million during...
View ArticleGlobalstar reports smaller loss in first quarter results
Covington-based Globalstar reported a loss of $129.7 million, or 13 cents per share, in the first quarter of this year.
View ArticleGlobalstar sees third quarter earnings drop
The Covington-based company saw a drop in earnings but an increase in subscribers during the third quarter of 2015.
View ArticleGlobalstar developing aircraft tracking system
A Louisiana company says it's working toward federal approval of satellite GPS technology that would provide second-by-second tracking of aircraft anywhere in the world.
View ArticleGlobalstar approved for stock trading
Telecommunications firm Globalstar Inc. announced today that it has been approved to list its common shares for trading on the New York Stock Exchange MKT.
View ArticleDebt payoffs in 1Q offset Globalstar’s product milestone
Paying off old debt took a big hit on Globalstar’s earnings in the first quarter. The Covington-based Satellite communications provider Globalstar reported a first quarter net loss of $250.5 million.
View ArticleGlobalstar reports second quarter loss
Debt payoff has once again badly hit the telecommunications company’s earnings in the second quarter.
View ArticleNet income rises for Globalstar
After a year of losses, the satellite telecommunications company Globalstar has reported a net income of $129.4 million for the third quarter of this year. It reported a net loss of $205 million during...
View ArticleGlobalstar reports smaller loss in first quarter results
Covington-based Globalstar reported a loss of $129.7 million, or 13 cents per share, in the first quarter of this year.
View ArticleGlobalstar sees third quarter earnings drop
The Covington-based company saw a drop in earnings but an increase in subscribers during the third quarter of 2015.
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