A Requiem, A Reality Check
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Reports on telecommunications firm Iridium LLC's loan to finance its satellite project. Loan from Chase Securities and Barclays Capital; Optimism over the future of the next generation satellite communication systems.
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Editorial. Comments on the failure of Iridium LLC to realize its vision of a global satellite phone system. Company's filing for Chapter 11 reorganization; Criticisms regarding the Iidium technology; Inability to reconcile technology with market realities; Value of the entrepreneurial drive.
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Highlights Iridium's launch of the first three satellites of its 66-satellite system which will provide voice, fax and data service.
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- Iridium falls short again. Tanner, John C. // Telecom Asia;May99, Vol. 10 Issue 5, p14
Focuses on the financial problems faced by Iridium, the operator of pioneer LEOsat network. Failure of the company to meet its financial target; Resignation of Iridium's top-level officials, including Chief Executive Officer Edward Staiano and Chief Financial Officer Roy Grant; Declining number...
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Provides information on satellite communication, focusing on the satellite phone system of Iridium Company. Number of satellites the Iridium system consists of; How these satellites are positioned in orbit; How the system works; Details on GlobalStar satellite system. INSETS: The Internet goes...
- Sorting through the satellite voice market. Swasey, Larry // America's Network;07/15/99, Vol. 103 Issue 11, p24
Provides information on satellite voice communication systems. Voice communication service offered by Iridium LLC; Factors that hinder the success of Iridium; Companies that offer voice communication services.
