Monday, November 07, 2005

Reports of Iridium's Death Greatly Exaggerated

Via PhysOrg.com.

Iridium Satellite said Monday demand for maritime satellite communications equipment is continuing to grow.

The mobile satellite communications carrier said in a news release that since the beginning of this year, the number of subscribers in the maritime industry has grown by 30 percent, while revenue growth from the industry has also been substantial.

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