<PAGE>
Rule 424(b)(3)
Registration No. 333-25457
GLOBALSTAR TELECOMMUNICATIONS LIMITED
PROSPECTUS SUPPLEMENT NO. 5 DATED SEPTEMBER 29, 1998
TO PROSPECTUS DATED JULY 16, 1997
The Selling Holders table on pages 5-9 of the Prospectus is hereby amended
to update the information regarding the number of Warrants and shares of Common
Stock owned by the following Selling Holders:
<TABLE>
<CAPTION>
Common
Selling Holders Warrants Stock
- --------------- -------- ------
<S> <C> <C>
Fidelity Charles Street Trust: Fidelity Asset Manager...................... 4,540 37,491
Fidelity Charles Street Trust: Fidelity Asset Manager: Growth.............. 1,900 15,690
Variable Insurance Products Funds II: Asset Manager Portfolio.............. 1,410 11,643
Variable Insurance Products Funds II: Asset Manager Growth Portfolio....... 180 1,486
Fidelity Global Asset Allocation Fund...................................... 120 990
</TABLE>
