Globalstar Wins Terrestrial Authority in Mexico
Globalstar (NYSE: GSAT) has been selected as the winning bidder in Mexico's public Auction #13 by the Instituto Federal de Telecomunicaciones (IFT). The auction grants terrestrial authorization for frequencies 2483.5 to 2495 MHz in Mexico through Globalstar's subsidiary, Mobile Satellite Services Mexico. Upon payment completion, Globalstar will receive a 10-year terrestrial authorization from IFT, enabling the expansion of terrestrial applications throughout Mexico.
Globalstar (NYSE: GSAT) è stata selezionata come l'offerente vincitore nell'Asta pubblica #13 in Messico dall'Istituto Federale delle Telecomunicazioni (IFT). L'asta concede un'autorizzazione terrestre per le frequenze da 2483.5 a 2495 MHz in Messico attraverso la controllata di Globalstar, Mobile Satellite Services Mexico. Una volta completato il pagamento, Globalstar riceverà un'autorizzazione terrestre di 10 anni da parte dell'IFT, che permetterà l'espansione delle applicazioni terrestri in tutto il Messico.
Globalstar (NYSE: GSAT) ha sido seleccionada como la oferta ganadora en la subasta pública #13 en México por el Instituto Federal de Telecomunicaciones (IFT). La subasta concede autorización terrestre para las frecuencias de 2483.5 a 2495 MHz en México a través de la filial de Globalstar, Mobile Satellite Services Mexico. Tras completar el pago, Globalstar recibirá una autorización terrestre de 10 años por parte del IFT, lo que permitirá la expansión de las aplicaciones terrestres en todo México.
Globalstar (NYSE: GSAT)는 멕시코의 연방통신위원회(IFT)에 의해 공개 입찰 #13의 수주자로 선정되었습니다. 이번 입찰은 Globalstar의 자회사인 Mobile Satellite Services Mexico를 통해 멕시코에서 2483.5에서 2495 MHz의 주파수에 대한 지상 인증을 부여합니다. 결제가 완료되면 Globalstar는 IFT로부터 10년 지상 인증을 받아 멕시코 전역에서 지상 응용 프로그램을 확장할 수 있게 됩니다.
Globalstar (NYSE: GSAT) a été sélectionnée comme l'enchérisseur gagnant de l'Enchère publique n° 13 au Mexique par l'Instituto Federal de Telecomunicaciones (IFT). L'enchère accorde une autorisation terrestre pour les fréquences de 2483,5 à 2495 MHz au Mexique via la filiale de Globalstar, Mobile Satellite Services Mexico. Après le paiement, Globalstar recevra une autorisation terrestre de 10 ans de l'IFT, permettant l'expansion des applications terrestres à travers le Mexique.
Globalstar (NYSE: GSAT) wurde in Mexikos öffentlicher Ausschreibung #13 vom Instituto Federal de Telecomunicaciones (IFT) als der Gewinnerbieter ausgewählt. Die Ausschreibung gewährt eine terrestrische Genehmigung für die Frequenzen von 2483,5 bis 2495 MHz in Mexiko über die Tochtergesellschaft von Globalstar, Mobile Satellite Services Mexico. Nach Abschluss der Zahlung erhält Globalstar eine 10-jährige terrestrische Genehmigung vom IFT, die die Ausweitung terrestrischer Anwendungen in ganz Mexiko ermöglicht.
- Secured 10-year terrestrial authorization in Mexico
- Gained access to strategic frequency band (2483.5-2495 MHz)
- Geographic expansion into Mexican market
- Required payment for bid completion pending
- frequency range allocation (11.5 MHz)
Insights
The acquisition of terrestrial authority in Mexico represents a significant strategic expansion for Globalstar's spectrum footprint. This
10-year authorization allows expansion of terrestrial applications throughout
After paying the bid amount to complete the regulatory process, Globalstar will receive the 10-year terrestrial authorization from the IFT.
Globalstar appreciates the time and effort that the dedicated members of the IFT devoted to ensuring the successful completion of this auction process.
About Globalstar
Globalstar empowers its customers to connect, transmit, and communicate in smarter ways – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. The Company’s LEO satellite constellation ensures secure data transmission for connecting and protecting assets, transmitting critical operational data, and saving lives for consumers, businesses, and government agencies across the globe. Globalstar’s terrestrial spectrum, Band 53, and its 5G variant, n53, offer carriers, cable companies, and system integrators a versatile, fully licensed channel for private networks with a growing ecosystem to improve customer wireless connectivity, while Globalstar’s XCOM RAN product offers significant capacity gains in dense wireless deployments. In addition to SPOT GPS messengers, Globalstar offers next-generation IoT hardware and software products for efficiently tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions to drive safety, productivity, and profitability. For more information, visit www.globalstar.com and connect with us on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241114125557/en/
Alisa Moloney
alisa.moloney@globalstar.com
Source: Globalstar, Inc.
FAQ
What frequency range did Globalstar (GSAT) win in Mexico's Auction #13?
How long is Globalstar's (GSAT) terrestrial authorization in Mexico valid?
Which regulatory body granted Globalstar (GSAT) the terrestrial authorization in Mexico?
What subsidiary of Globalstar (GSAT) won the auction in Mexico?
