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GlobalStar Performance [Archive] - Alberta Outdoors Forum GlobalStar has $500M in debt but is only making about $60M a year in revenue Not good If they had no other expenses, they'd barely be able to cover their interest But it's much worse than that of course GlobalStar seems to be headed for some serious financial trouble What that means for SPOT and their satellite networks is a big question
Best satellite phone? [Archive] - Alberta Outdoorsmen Forum Here is the kicker currently the plan we have on the phone with globalstar is a pay as you use type plan and there is no monthly fee We negotiated this when they had some satellites go down and have managed to keep it till now but they notified us that come august we will have to go back to a minimum monthly plan of $30 month