Globalstar: Wireless Industry Presents United Front Against TLPS, Putting Globalstar In Danger

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About: Globalstar, Inc. (GSAT)
by: Kerrisdale Capital Management
This article is exclusive for subscribers.
Kerrisdale Capital Management
Hedge Fund Manager, Long/Short Equity, Value, Special Situations
Summary

Today's public panel discussion brings together GOOG, MSFT, and more in the fight against TLPS.

A wide range of wireless stakeholders now recognizes TLPS as bad technology and bad policy.

As opposition to TLPS grows, the risk of an FCC rejection has become very real.

Today a who's who of important and influential stakeholders in the wireless industry are coming together publicly to voice their opposition to Globalstar's (NYSEMKT:GSAT) proposed Terrestrial Low Power Service (TLPS) - a concept