[Satellite TODAY 11-09-09] Globalstar saw a drop in total revenue at $17.5 million in its 2009 third quarter, down from $22.5 million in the same period a year ago, the company announced Nov. 5.
    The operator reported a net loss of $5.5 million, compared to a loss of $26 million in the same period in 2008.
    Globalstar also reported its total subscriber base grew to over 382,000,  driven by demand for its Simplex data and Spot satellite GPS messenger services. The company began implementation of Simplex data network upgrades, which aims to to increase its messaging capacity, during the 2009 third quarter.
    Globalstar, which completed a $738 million financing transaction with the French government in July, said it has the resources needed to deploy a new constellation designed to last beyond 2025. "The deployment of our new satellite constellation, expected to begin in 2010, will pave the way for the immediate return of the high quality and reliability historically provided to Globalstar’s voice and duplex data subscribers. It will also position us to be first to market with a second-generation satellite network and a host of advanced IP Multimedia Subsystem or IMS based mobile satellite," former CEO and current Executive Chairman Jay Monroe said in a statement