IRIDIUM SATALLITE PHONE BANKRUPT

It seems that the satellite phone operator Iridium has been forced into court protection via Chapter 11 of the Bankruptcy act.

The handsets could not operate as promoted until the entire constellation of satellites was in place, requiring a massive initial capital cost running into billions of dollars.

The cost of service was prohibitive for many users, reception indoors was difficult and the bulkiness and expense of the hand held devices when compared to terrestrial cellular mobile phones discouraged adoption among potential users.

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