Slide 1: 2011 Earnings Call Presentation
2011 Earnings Call Presentation March 12, 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 ar
Slide 3: Fourth Quarter Highlights
Fourth Quarter Highlights Key Financial Metric – Positive Adjusted EBITDA for Q4 11 ▪ Globalstar reported positive quarterly Adjusted EBITDA for the first time since the fourth quarter of 2007. ▪ Adjusted EBITDA was $1.6 million compared with negative Adjusted EBITDA of $4.3 million during the same
Slide 4: Post-2011 Highlight: Amendment to COFACE Loan Facility
Post - 2011 Highlight Globalstar Announces Amendment to COFACE Loan Facility ▪ Earlier this month, 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 to t
Slide 5: 2011 Highlight – Improved Coverage Satellites Launched During the Year
2011 Highlight – Improved Coverage 12 Satellites Launched During the Year ▪ Globalstar successfully conducted its third launch of six new second - generation satellites from the Baikonur Cosmodrome on December 28, 2011 ▪ The Company has now launched 18 new satellites into orbit and expects to conduc
Slide 6: 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 megahertz of Mobile Satellite Spectrum (MSS )….The FCC should grant licensees flexibility
Slide 7: 2011 Year in Review
2011 Year in Review Company is at Inflection Point ▪ Completed two more successful launches of second - generation satellites ▪ Completed licensing and registration of new constellation ▪ Substantially improved satellite coverage and witnessed significant increased duplex call usage ▪ Streamlined op
Slide 8: Globalstar Innovation
Globalstar Innovation MSS consumer product success drives development of enterprise and duplex solutions • Developing low cost, innovative solutions in the MSS market is part of Globalstar’s corporate DNA • This capability drove the development of the Company’s unique consumer market product SPOT an
Slide 9: 2012 Key Initiatives
2012 Key Initiatives Complete Launch Campaign and Return to Sustained Profitability Complete Restoration of Duplex and Voice Services via Deployment of Second Generation Satellites ▪ Complete Launch Program – Fourth launch is expected in second half of 2012. ▪ Restore Quality Duplex Service – Concur
Slide 10: Building a Foundation for Growth and Improved Profitability
Globalstar Building a Foundation for Growth and Improved Profitability