Globalstar Announces 3GPP Approval of Band 53 as a 5G Band
Globalstar, Inc. (GSAT)
Last globalstar, inc. earnings: 2/27 07:30 am
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Source: Business Wire
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), announced that the Third Generation Partnership Project (“3GPP”) has approved the 5G variant of Globalstar’s Band 53, which will be known as n53.Jay Monroe, Executive Chairman of Globalstar, commented, “Achieving 5G status with our band is a significant advancement in our spectrum efforts. New networks around the world will be built utilizing 5G’s advanced technology and our resource will now work in those networks. We appreciate the industry’s continued support of our spectrum and applaud the 3GPP working group for their approval.”John Dooley, Managing Director of Jarvinian Advisors, added, “5G networks will increasingly rely upon high-density small cell deployments. What is needed for the spectrum inventory is a band with advantageous propagation qualities that can be devoted entirely to small cell use which Band n53 can provide. Band n53 can also act as a traffic channel or
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News
- Globalstar Outlines Growth Strategy and Financial Outlook at Investor Day [Yahoo! Finance]Yahoo! Finance
- Globalstar Outlines Growth Strategy and Financial Outlook at Investor DayBusiness Wire
- GSAT & Hawk Networks Team Up to Streamline Access to Band 53 Spectrum [Yahoo! Finance]Yahoo! Finance
- Hawk Networks and Globalstar Announce Collaboration and Availability of Band 53 Spectrum on Hawk's Platform [Yahoo! Finance]Yahoo! Finance
- Hawk Networks and Globalstar Announce Collaboration and Availability of Band 53 Spectrum on Hawk’s PlatformBusiness Wire
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- 11/7/24 - In-Line
GSAT
Sec Filings
- 12/20/24 - Form 4
- 12/19/24 - Form 8-K
- 12/19/24 - Form 4
- GSAT's page on the SEC website