- After hanging near 52-week lows, Globalstar (NASDAQ:GSAT) has moved up 8.9% after an FCC ex parte filing indicates support from Sprint (S -1.4%) for a revised proposal covering Globalstar's Terrestrial Low-Power Service.
- The two companies jointly urged the FCC to adopt the revised plan for TLPS in Globalstar's licensed spectrum at 2483.5-2495 MHz, which features a revised out-of-band emissions limit.
- The revisions came amid concerns that TLPS might raise interference issues for providers like Sprint. "In the event that its low-power terrestrial operations at 2483.5-2495 MHz causes harmful interference to BRS or EBS systems above 2496 MHz, Globalstar will meet its absolute obligation as an ancillary terrestrial component licensee to mitigate and resolve such interference," the filing says.
- "Low-power terrestrial use of this band will expand the nation’s broadband spectrum supply and should improve the quality of wireless broadband for American consumers," the filing notes.
Original article