Satellite Phones

Iridium sold for $591 million, prepped for IPO

New York (NY) – In a move that can only be described as pure business brilliance, once bankrupt satellite network operator and satellite phone carrier Iridium Satellite agree to $591 million acquisition through investment firm GHL …

The Seven Signs of Business Doom | BNET

Cases in point: Motorola’s Iridium satellite phone, and FedEx’s Zapmail service.

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Iridium Phones

Iridium sold for $591 million, prepped for IPO

The Seven Signs of Business Doom | BNET