news apr 09 harbinga capital partners founder phillip falcone, is trying to build a multi billion dollar international satelite cell phone company.Adding satelite capabilitys to cell phones,end result a phone that switches to sat in cell dead zones.Phillip already owns 50%of sky tera and 28% of imersat,phillip wants to gain full control of sky tera and merge the two companys.I wonder how newsat could fit into this arangement if at all interesting read nonetheless. http://online.wsj.com/article/SB124078816346257439.html
NWT Price at posting:
20.0¢ Sentiment: ST Buy Disclosure: Held
