Moody's sees 1999 'critical' for Globalstar; assigns 'caa' rating
Moody's Investor Service says 1999 will be "critical" for the Globalstar "Big LEO" low-Earth orbit satellite communications network, with another 24 satellites needed in orbit to support a commercial service startup in September. Moody's assigned a "caa" rating to the $350 million convertible...
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