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Home > Company Index > Telecommunications > Wireless Communications Services > New ICO

New ICO
 NEWS FROM THE STANDARD
Leader of the Space Race
Nov 20 2000 12:00 AM PST

Coming Down to Earth
Oct 11 2000 12:00 AM PDT

Net Satellite Venture to Get $315 Million
Jul 11 2000 05:10 PM PDT

No Bye-Bye for Birdies
Apr 03 2000 12:00 AM PDT

News Briefs
Mar 13 2000 12:00 AM PST

 PROFILE
When it gets off the ground, New ICO (pronounced Eye-Co) will be a land-and-satellite-based communications system with global coverage. The company was formed when the former ICO Global Communications emerged from bankruptcy protection in 2000, thanks to a $1.2 billion investment from a group led by US telecommunications trailblazer Craig McCaw. New ICO plans to provide mobile voice, data, and Internet services through a network of 12 satellites (being built by Hughes Electronics) beginning in 2003. ICO is gearing its service primarily for such industries as transportation, oil, gas, and construction. The company is being combined with Teledesic, another satellite communications venture controlled by McCaw.

 COMPETITION
Asia Satellite Telecommunications Holdings Limited (SAT)
Globalstar Telecommunications Limited (GSTRF)
Intelsat, Ltd. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1997 Sales (mil.): 0.00
Employees: 231
Revenue per employee: $0.00

 KEY PEOPLE
• Greg Clarke
    CEO
• Alan Rowbotham
    CFO

 CONTACT INFO
Commonwealth House, 2 Chalk Hill Rd., Hammersmith
London W6 8DW, United Kingdom
Phone: 44-208-600-1000
Fax: 44-208-600-1199
Online: Web Site

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