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Globalstar & Telecom CLM to Expand Alcazar Teleport for C-3 System
ZACKS· 2025-07-11 13:46
Core Insights - Globalstar, Inc. has entered into definitive agreements with Telecom Castilla-La Mancha to expand its Alcazar Teleport facility in Spain, enhancing its mobile satellite services network, the C-3 System, to improve connectivity across Europe [1][10] - The expansion will double the size of the Alcazar Teleport, adding three new tracking antennas and essential infrastructure upgrades, reinforcing Globalstar's commitment to enhancing its global ground infrastructure [2][3] Infrastructure Development - The upgrade of the Alcazar facility is crucial for strengthening Globalstar's Low Earth Orbit (LEO) satellite constellation, enabling the company to support next-gen mobile satellite services for millions of users in Europe [3] - Recent power outages in Spain and Portugal highlighted the importance of satellite services, as Globalstar's network remained operational while terrestrial networks failed, showcasing the resilience of its system [4][10] Service and Revenue Growth - Globalstar provides satellite voice and data services in over 120 countries, with a product range that includes mobile and fixed satellite telephones and data modems [5] - The company reported a revenue of $60 million in the last quarter, a 6% year-over-year increase, driven by higher service revenues, and reaffirmed its 2025 revenue guidance between $260 million and $285 million, expecting an adjusted EBITDA margin of around 50% [8] Market Position - Globalstar currently holds a Zacks Rank of 3 (Hold), with its shares increasing by 41.2% over the past year, compared to a 57% growth in the Zacks Satellite and Communication industry [9]
Globalstar Expands Satellite Reach With First C-3 Tracking Antenna
ZACKS· 2025-07-02 14:10
Core Insights - Globalstar, Inc. has successfully installed its first 6-meter tracking antenna, Clifton-8, for the C-3 mobile satellite system, marking the beginning of a significant global initiative to enhance its ground infrastructure as part of the Extended MSS Network [1][11] - The company plans to deploy over 90 new antennas across approximately 35 ground stations in 25 countries, which includes major upgrades to existing infrastructure and the establishment of new ground stations to improve global connectivity [3][11] - Globalstar's commitment to high-performance satellite communications is driven by increasing demand for mobile connectivity across various industries and remote areas [4] Financial Performance - In the last reported quarter, Globalstar achieved revenues of $60 million, reflecting a 6% year-over-year increase, primarily due to higher service revenues [8] - The company has reiterated its financial outlook for 2025, projecting revenues between $260 million and $285 million, with an expected adjusted EBITDA margin of approximately 50% [9] Strategic Developments - Globalstar is enhancing its spectrum and wholesale capacity services, particularly in government and consumer sectors, with its Band n53 being a critical resource for 5G innovation [6] - The company has inaugurated a new Satellite Operations Control Center in March 2025, which significantly enhances its operational capabilities and supports its strategic growth in next-generation satellite solutions [7] - A partnership with GCT Semiconductor Holding aims to develop two-way satellite messaging systems for mobile devices, integrating advanced IoT and 4G/5G semiconductor technology into Globalstar's product offerings [8]
别看挂牌价,直接砍!悉尼折扣最多区揭晓,多个华人区上榜
Sou Hu Cai Jing· 2025-05-17 12:48
近期,悉尼房地产市场呈现显著分化,部分地区的购房者迎来"双重惊喜"——房贷利 率下调减轻月供 压力,同时部分房源出现罕见价格折扣。 (图片来源:RealEstate) 据RealEstate网站报道,最新分析显示,许多区的购房者以低于挂牌价10%的价格 成交,节省了超过10 万澳元。 这样的交易自新冠疫情爆发以来并不常见,当时因为 创纪录的移民数量和停滞的房屋建设,导致住房 需求远超供应。 根据SuburbData最新分析,悉尼中环公寓及沿铁路线郊区独立屋成为"高折扣重灾 区",买方议价空间显 著扩大。 分析师Jeremy Sheppard表示,这些地区呈现"买方 市场",购房者在价格谈判中占据主动。 "不论市场为何状态,供应过剩或者其他原因,较高的折扣反映了买家掌握主动 权,而卖家必须迎合买 家的条件。" | Sydney suburbs where homes | | --- | | sell for the biggest discounts | | MERRYLANDS WEST units | | ROSEBERY units | | HURSTVILLE units | | MACQUARIE F ...
UMH Properties(UMH) - 2025 Q1 - Earnings Call Transcript
2025-05-02 14:00
UMH Properties (UMH) Q1 2025 Earnings Call May 02, 2025 10:00 AM ET Speaker0 Good morning, and welcome to Properties First Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. Please note this event is being recorded. It is now my pleasure to introduce your host, Mr. Craig Coster, Executive Vice President and General Counsel. Mr. Coster, you may begin. Speaker1 Thank you very much, operator. In addition to the 10 Q that we filed with the SEC yesterday, we have f ...