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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 pU89R4hE7MM2MI4DSGKk+Q==

<SEC-DOCUMENT>0000040545-00-000004.txt : 20000214
<SEC-HEADER>0000040545-00-000004.hdr.sgml : 20000214
ACCESSION NUMBER:		0000040545-00-000004
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20000211
FILED AS OF DATE:		20000211

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GLOBALSTAR TELECOMMUNICATIONS LTD
		CENTRAL INDEX KEY:			0000933401
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO TELEPHONE COMMUNICATIONS [4812]
		IRS NUMBER:				133795510
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		
		SEC FILE NUMBER:	000-25456
		FILM NUMBER:		534478

	BUSINESS ADDRESS:	
		STREET 1:		CEDAR HOUSE 41 CEDAR AVENUE
		STREET 2:		HAMILTON
		CITY:			BERMUDA
		STATE:			D0
		BUSINESS PHONE:		4412952244

	MAIL ADDRESS:	
		STREET 1:		600 THIRD AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			GENERAL ELECTRIC CO
	CENTRAL INDEX KEY:			0000040545
	STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600]
<RELATIONSHIP>OWNER
	IRS NUMBER:				140689340
	STATE OF INCORPORATION:			NY
	FISCAL YEAR END:			1231

FILING VALUES:
	FORM TYPE:		5

BUSINESS ADDRESS:	
	STREET 1:		3135 EASTON TURNPIKE
	STREET 2:		C/O BANK OF NEW YORK
	CITY:			FAIRFIELD
	STATE:			CT
	ZIP:			06431
	BUSINESS PHONE:		203-373-2455

MAIL ADDRESS:	
	STREET 1:		3135 EASTON TURNPIKE
	CITY:			FAIRFIELD
	STATE:			CT
	ZIP:			06431
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<TEXT>

FORM 5

/X /   Check this box if no longer
       subject to Section 16. Form 4
       or Form 5 obligation may
       continue. See instruction 1(b)

/  /   Form 3 Holdings Reported

/  /   Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940


1.   Name and Address of Reporting Person

     General Electric Company
     3135 Easton Turnpike
     Fairfield, CT 06431

2.   Issuer Name and Ticker or Trading Symbol

     Globalstar Telecommunications, Inc. (GSTRF)

3.   IRS or Social Security Number of Reporting Person (Voluntary)



4.   Statement for Month/Year

     1999

5.   If Amendment, Date of Original (Month/Year)



6.   Relationship of Reporting Person(s) to Issuer (Check all applicable)

     (  ) Director                         (X ) 10% Owner (former)
     (  ) Officer (give title below)       (  ) Other (specify below)






7.   Individual or Joint/Group Reporting (Check Applicable Line)
     (X ) Form filed by One Reporting Person
     (  ) Form filed by More than One Reporting Person




<PAGE>


<TABLE>
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

<CAPTION>
1. Title of Security     2. Trans-      3. Trans-   4. Securities                   5. Amount of     6. Ownership     7. Nature of
   (Instr. 3)               action         action      Acquired (A) or                 Secur-           Form:            Indirect
                            Date           Code        Disposed of (D)                 ities            Direct (D)       Beneficial
                           (Month/         (Instr.     (Instr. 3, 4                    Benefici-        or               Ownership
                            Day/           8)          and 5)                          ally             Indirect         (Instr. 4)
                            Year)                                                      Owned at         (I)
                                                                                       End of           (Instr. 4)
                                                                                       Year
                                                                                       (Instr.
                                        ----------  -------------------                3 and 4)

                                        Code        Amount           (A)     Price
                                                                     or (D)


<S>                      <C>            <C>         <C>              <C>     <C>    <C>              <C>              <C>
Common Stock             7/26/99        G           2,000,000        D       $0     4,044,760        I                Note 1

</TABLE>

Reminder: Report on a separate line for each class of securities benefically
owned directly or indirectly.



<PAGE>


<TABLE>
Table II -- Derivative Securities Acquired,
Disposed of, or Beneficially Owned (e.g., pus,
calls, warrants, options, convertible securities)

<CAPTION>
1. Title of Derivative      2. Conversion     3. Transaction     4. Transaction     5. Number of        6. Date
   Security                    or Exercise       Date               Code               Derivative          Exercisable
   (Instr. 3)                  Price of          (Month/            (Instr. 8)         Securities          and
                               Derivative        Day/Year)                             Acquired (A)        Expiration
                               Security                                                or Disposed         Date
                                                                                       of (D)              (Month/
                                                                                       (Instr. 3, 4,       Day/Year)
                                                                 ----------------      and 5)           ----------------

                                                                                       (A)       (D)    Date           Expira-
                                                                                                        Exer-          tion
                                                                                                        cisable        Date


<S>                         <C>               <C>                <C>                <C>          <C>    <C>            <C>


</TABLE>
<TABLE>
Table II (continued)
<CAPTION>

7. Title and Amount          8. Price of Derivative  9. Number of            10. Ownership Form of     11. Nature of Indirect
   of Underlying                Security                Derivative               Derivative                Beneficial
   Securities                   (Instr. 5)              Securities               Security                  Ownership
                                                        Beneficially Owned       Direct (D) or             (Instr. 4)
                                                        at End of Year           Indirect (I)
- ----------------------                                  (Instr. 4)               (Instr. 4)

Title          Amount or
               Number of
               Shares

<S>            <C>           <C>                     <C>                     <C>                       <C>

</TABLE>

Explanation of Responses:
Note 1: Owned through indirect wholly owned subsidiary.

**   Intentional misstatements or omissions of facts constitute Federal Criminal
     Violations.

     See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Janet Bedol                                          February 11, 2000
- -----------                                          -----------------
**Signature of Reporting Person                            Date
Attorney in Fact for General Electric Company


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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