GLOBALSTAR, INC. (NYSEMKT:GSAT) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
release to report first>quarter 2017 financial results. The text
of the press release is furnished as Exhibit 99.1 to this Form 8-K.
In addition, on May 4, 2017, the Company will hold a teleconference
for investors to discuss results for the first>quarter 2017. The
teleconference is webcast on the Companys website at
www.globalstar.com. The documents available on, and the contents
of, the Company’s website are not incorporated by reference into
attached hereto is furnished to the rules and regulations of the
Securities and Exchange Commission and shall not be deemed filed
for purposes of Section 18 of the Securities Exchange Act of 1934
(the Exchange Act) or otherwise subject to the liabilities of that
section, nor shall it be deemed incorporated by reference in any
filing under the Securities Act of 1933 or the Exchange Act, except
as expressly set forth by specific reference in such a filing.
Press release dated May 4, 2017
About GLOBALSTAR, INC. (NYSEMKT:GSAT)
Globalstar, Inc. (Globalstar) provides mobile satellite services (MSS), including voice and data communications services globally through satellite. The Company provides wireless communications services in areas not served or underserved by terrestrial wireless and wireline networks and in circumstances where terrestrial networks are not operational due to natural or man-made disasters. It offers voice and data communication services over its network of in-orbit satellites and its active ground stations (gateways), which it refers to collectively as the Globalstar System. The Company’s services are available only with equipment designed to work on its network two-way voice communication and data transmissions (Duplex) using mobile or fixed devices, and one-way data transmissions (Simplex) using a mobile or fixed device that transmits its location and other information to a central monitoring station, including certain SPOT and Simplex products. GLOBALSTAR, INC. (NYSEMKT:GSAT) Recent Trading Information
GLOBALSTAR, INC. (NYSEMKT:GSAT) closed its last trading session down -0.10 at 1.80 with 5,334,304 shares trading hands.