Iridium Satellite (Archived)
Last updated: 13 May 2004 Update History
Report Status: Archived
Report Pages: 7
Analyst: Lawrence Baker
Synopsis
Iridium Satellite provides global mobile satellite voice and data solutions to all parts of the earth via a constellation of 66 low-earth orbiting satellites operated by Boeing. It makes communications services possible to and from remote areas where no other form of communications is available. The new Iridium Satellite was formed from the ashes of the original IRIDIUM that failed in 2000. It provides services to the United States Department of Defence and launched commercial service in March 2001. In June 2001, Iridium launched its Internet services at speeds of only 10Kb/s, with data services at 2.4Kb/s soon afterwards. It claimed to be cash flow positive by 2003.Related Reports
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