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Landscapes of Capital | Global Coverage
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Global Coverage

Dublin Core

Title

Global Coverage

Ad Item Type Metadata

Identifier

iridium.1998.global coverage

Corporation

Year

1998

Keywords

rugged landscapes, space, threat, wireless, satellite communication, telecommunication, coverage, global, time-space compression, third world, developing world, Asia

Transcription

We're sorry the wireless customer you have called has traveled outside the coverage area
She has an ivy league education
Three decades of experience
And she is a vital asset to your company
Unless, of course, she can't be reached
Please try your call again later
Message J5
Iridium is coming
It will send a dial tone to every corner of planet earth
And you won't have to be out of touch."

URL

http://www.landscapesofcapital.com/media/iridium.1998.global coverage.mov

Business Summary

A Motorola venture that went into bankruptcy in 1999. Iridium World Communications Ltd. is a limited liability company that acquires, owns and manages the Iridium communications system. The Company's subsidiaries include Iridium Operating LLC, Iridium Capital Corporation, Iridium Roaming LLC, Iridium IP LLC, and Iridium Facilities Corporation. Iridium offers its customers the ability to make and receive phone calls and receive pages virtually anywhere in the world. Iridium accomplishes this by providing access to the Iridium satellite constellation as well as the world's cellular networks -- all with one phone, one phone number and one customer bill. Iridium believes it will be the only wireless telecommunications company in operation well into the year 2000 that will be able to offer this comprehensive global communications service. Financial Summary IRIDQ sole asset is its investment in Iridium LLC which engages in the establishment and commercialization of a global mobile wireless communications system that will enable subscribers to send and receive telephone calls worldwide. For the fiscal year ended 12/31/98, revenues totaled $186 thousand vs. $0. Net loss rose from $299.3 million to $1.26 billion. Results reflect interest income from cash and investments offset by depreciation of more satellites. Went out of business

Language

English

Type

Moving Image

Format

Quicktime

Collection

Citation

"Global Coverage," in Landscapes of Capital, Item #912, http://landscapesofcapital.com/items/show/912 (accessed January 18, 2018).