 |
|
 |
 |

Home > Company Index > Telecommunications > Wireless Communications Services > Iridium World Communications Ltd.
 |
Iridium World Communications Ltd. |
 |
 |
 |
NEWS FROM THE STANDARD |
 |
Wireless Pipe Dream
Apr 16 2001 12:00 AM PDT
News Briefs
Apr 02 2001 12:00 AM PDT
Motorola - Poor Results but Accurate Forecasting
Jan 10 2001 04:42 PM PST
Coming Down to Earth
Oct 11 2000 12:00 AM PDT
Explosions Everywhere!
Aug 02 2000 12:00 AM PDT
PROFILE |
 |
Iridium World Communications is the publicly traded investment vehicle for Iridium LLC, a Motorola-led consortium formed to provide wireless phone and paging services anywhere in the world through a satellite network and agreements with other carriers. Iridium faced technical and marketing glitches, however, and failed to meet subscriber goals set by its creditors. A federal bankruptcy judge gave the consortium permission to liquidate Iridium, cut off service to its remaining customers, and send its satellites into the Earth's atmosphere to burn up. However, the consortium has sold its operating assets to a new company, Iridium Satellite, led by former Pan Am president Daniel Colussy.
DEALS |
 |
Deal: Castle Harlan Acquires Remainder of Iridium
Date Announced: 06.01.00
Value of transaction (US $Mil): 50
Description: Merchant bank buys assets of satellite-networking company.
|
 |
STOCK ANALYSIS |
 |
FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: December
1998 Sales (mil.): 0.10
1-Yr. Sales Growth: 0.0%
Employees: 9
Revenue per employee: $11,111.11
CONTACT INFO |
 |
10803 Park Ridge Dr.
Reston, VA 20191
US
Phone: 703-648-8000
Fax: 703-648-8065
Online: Web Site
|
 |
 |
 |
|
Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
|

|
 |
 |
|
 |