SCS Mega Constellation Economics Unclear: Globastar CEO

The economics of mega constellations providing mobile supplemental coverage from space remains to be seen, and it's not likely significant amounts of mobile traffic will be carried over satellite, Globalstar CEO Paul Jacobs said during an analyst call Thursday as the company announced Q3 results. He said he expected SCS to supplement terrestrial network coverage and to provide coverage in particularly rural areas where terrestrial networks don't reach. Globalstar is particularly focused on satellite opportunities involving terrestrial private networks, reflecting its licensing deal with XCom Labs, said Jacobs, who also is XCom CEO (see 2308290003).