When the Internet went higher

Schley, Stewart
February 2009
CED;Feb2009, Vol. 35 Issue 2, p16
Trade Publication
The article reviews the trends and developments in the Internet industry in the U.S. and worldwide. Internet technology was described as the fastest growing industry in both domestic and foreign markets. In the 1990s, Iridium launched Teledesic, the most inspirational satellite venture which aims to strengthen the satellite communications technology worldwide. After nine months, Iridium filed bankruptcy due to continuing fearful services woes.


Related Articles

  • THE END OF IRIDIUM MARKS THE BEGINNING OF SUCCESS. Caton, Michael // PC Week;04/03/2000, Vol. 17 Issue 14, p56 

    Comments on the failure of the Iridium Inc.'s satellite phone service which was pitched as a means for remote travelers to contact civilization. Target markets and industries; Lofty rates charged by Iridium; Limited usefulness of air phones.

  • Cash or burn. Kleiner, Kurt; Graham-Rowe, Duncan // New Scientist;03/25/2000, Vol. 165 Issue 2231, p9 

    Reports on the financial problems of the Iridium satellite telephone company. Court order given in March 2000 for Iridium to liquidate its assets; Failure to find a buyer for the company; Motorola's part-ownership of the company; Software company Merit Studios' plan to harness the Iridium...

  • Keeping in touch, from anywhere, by satellite. Cleaver, Joanne // Crain's New York Business;03/01/99, Vol. 15 Issue 9, p30 

    Reports on Motorola's Iridium phone which beams calls from even the remotest regions of the world directly up to a network of orbiting satellites. Service from Iridium Inc. based in Washington, D.C.; Cost of the service; Drawbacks; Launching of Iridium pagers in New York City.

  • Iridium satellite system set. Bournellis, Cynthia // Electronic News;05/11/98, Vol. 44 Issue 2218, p61 

    Reports on Iridium LLC's scheduled completion of the launch of its global wireless messaging service on May 15, 1998. Total of 72 low-earth-orbit satellites (LEOs); Wireless services that Iridium will start offering by September 23, 1998; Beta project; Investment capital for the Iridium...

  • Give the satellite business a chance. Rohde, David // Network World;09/20/99, Vol. 16 Issue 38, p32 

    Comments on the failure of the satellite communications network firm Iridium. Marketing lessons from the business failure; Comparison with the planned Teledesic satellite Internet service project.

  • Globalstar defends MSS business. Bruno, Antony // RCR;09/06/99, Vol. 18 Issue 36, p1 

    Focuses on the mobile satellite service business of Globalstar LP. Bankruptcies of competitors, Iridium LLC and ICO Global Communications Ltd.; Proposal to commercially launch a low-earth-orbit network; Commitment from three handset vendors.

  • A Requiem, A Reality Check. Lee, Rikki // Wireless Week;04/03/2000, Vol. 6 Issue 14, p4 

    Deals with the bankruptcy of Iridium, a satellite-based mobile communication systems company in the United States. Factors which contributed to the failure of Iridium; Comparison between Iridium and the Globalstar artificial satellite system; Satellite service costs.

  • Heads Up! Satellites To Burn.  // Wireless Week;08/28/2000, Vol. 6 Issue 35, p1 

    Reports that Iridium LLC will destroy its network of satellites. Reason behind the move.

  • Iridium loans lift satellite hopes.  // Telecommunications - International Edition;Feb99, Vol. 33 Issue 2, p11 

    Reports on telecommunications firm Iridium LLC's loan to finance its satellite project. Loan from Chase Securities and Barclays Capital; Optimism over the future of the next generation satellite communication systems.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics