Globalstar, Inc. is very pleased to announce that the Federal Communications Commission adopted a Report and Order based on Globalstar’s Revised Proposal for terrestrial authority over the Company’s 11.5 MHz of licensed 2.4 GHz spectrum.
Category: Globalstar
Why Shares of Globalstar Inc. Rocketed Higher Today
The FCC is reportedly set to consider a new proposal from the company after a previous plan was shot down earlier this year. surged on Monday following news that the Federal Communications Commission has drafted a new proposed order in response to a revised proposal that Globalstar filed on Nov. 9. The stock was up 47% at 10:45 a.m. EST.