India did something similar a few months ago. Each country wants to build it's own GPS for military purposes. At some point we have to stop calling it 'Global' Positioning System.
Navstar (owned by USDoD, what is commonly called "GPS"), GLONASS and soon Galileo all have global coverage.
Although one should note that name is the intention; it has not always had global coverage (it does now), and may not always have global coverage in the future (say, if they decide to increase the precision in a strategic area at the cost of loss of coverage in others).