Globalstar, Inc. · NASDAQ:GSAT
Globalstar — Q1 2012 Earnings Presentation
13 slides from Globalstar's earnings presentation, May 10, 2012
Slide 1: First Quarter 2012 Earnings Call Presentation
First Quarter 2012 Earnings Call Presentation May 10, 2012
Slide 2: Safe Harbor Language
Globalstar Introduction Safe Harbor Language This presentation contains certain statements that are “forward-looking statements”within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations and assumptions that are subj
Slide 3: First Quarter Highlights: Continued Positive Adjusted EBITDA
($2.5) $1.4 ($3.0) ($2.5) ($2.0) ($1.5) ($1.0) ($0.5) $0.0 $0.5 $1.0 $1.5 $2.0 First Quarter Highlights Key Financial Metric –Continued Positive Adjusted EBITDA • Globalstar continued to report positive Adjusted EBITDA in Q1 2012 • Adjusted EBITDA was $1.4 million compared to a negative Adjusted EBI
Slide 4: Amendment to COFACE Loan Facility
Q1-2012 Highlight Globalstar Announces Amendment to COFACE Loan Facility • In the first quarter of 2011 Globalstar was pleased to announce an amendment to its $586.3 million senior secured COFACE facility agreement which significantly extends the initial repayment date and makes further adjustments
Slide 5: Improved Coverage: Additional Satellites Deployed
Q1-2012 Highlight –Improved Coverage Additional Satellites Deployed • Globalstar continued to deploy its second-generation constellation throughout the quarter further improving its voice and duplex data network • The Company expects to place four additional previously launched satellites into servi
Slide 6: ADS-B Technologies ALAS Air Traffic Surveillance Test
“We are pleased with the April test results which proved the technical feasibility of the system using today’s Globalstar technology. This is a proven product concept usingexisting Globalstar satellites which are already in orbit.” –Jay Monroe, CEO, Globalstar, Inc. • During the quarter, ADS-B Techn
Slide 7: Globalstar is at an Inflection Point
Globalstar is at an Inflection Point… Low Cost Second-Gen Satellite and Ground Network Delivers true mobile connectivity (voice and data) to the more than one billion people who live, work, or play outside of cellular reach Daily capacity for 34 billion text messages, M2M transmissions or other smal
Slide 8: Addressable Market
Globalstar Addressable Market Connectivity to nearly one billion people who live in areas not covered by cellular service The majority of the world’s land mass is without terrestrial cellular coverage (1) Over a billion people work in industries that may require them to be outside cellular reach, su
Slide 9: Spectrum and Network
Globalstar Spectrum and Network Network Capacity is Fungible Across User Types Globalstar’s second-generation constellation and network have the capacity to accommodate 34 billion text messages, M2M transmissions or other small-bit messages or 19 million voice or data minutes per day. Globalstar’s n
Slide 10: Distribution Strategy Designed to Support Consumer Take Up
Globalstar Distribution Strategy Designed to Support Consumer Take Up PC manufacturers sell ~200 million laptops annually Microsoft has a Windows install base exceeding 800 million while Android has over 300 million Handset makers sold over 300 million smartphones in 2010 Illustrative Wireless Carri
Slide 11: Noise and Interference Directly Impact Network Capacity
Wideband 3D Spectrogram 40.75662 deg -73.97485 deg (48 th Street –Park Avenue) START: 0.003 GHz STOP: 3.0 GHz Anritsu MS2721A / Broadband Omni + + GS 1600 Amplitude (dBm) Frequency (GHz) Time (sec) 0.003 3.0 0 3600 GS 2400 4G network protocols exploit aggressive modulation techniques to provide high
Slide 12: Spectrum Opportunity: FCC Projected Spectrum Requirement
Spectrum Opportunity –FCC Projected Spectrum Requirement 547 120 20 60 10 90 847 Available Today Broadcast TV WCS AWS D Block MSS Spectrum Projected 2015 “The FCC should accelerate terrestrial deployment in 90 megahertzof Mobile Satellite Spectrum (MSS)….The FCC should grant licensees flexibility un
Slide 13: Building a Foundation for Growth and Improved Profitability
Building a Foundation for Growth and Improved Profitability 13