Iridium

WASHINGTON-Iridium Inc. announced Chase Securities Inc. and BZW will be responsible for structuring and arranging the international syndication of a credit facility to complete the funding for the construction of …

WASHINGTON-Iridium Inc., the international consortium of telecommunications companies funding the development of the Iridium system, has become a charter mobile satellite services member of the Global System for Mobile communications …

BRUSSELS, Belgium-A move by the European Commission to regulate satellite communications systems has been thwarted by the Telecommunications Council of the European Union. The commission drafted a proposal last fall …

WASHINGTON-Iridium Inc. announced it has concluded a private financing within its existing investor group, raising an additional $315 million and boosting its total capital base from $1.6 billion to more …

WASHINGTON-Where mobile satellite service policymaking is concerned, federal regulators are not promoting the friendly skies. Far from it. Competition is the name of the game at the Federal Communications Commission. …

WASHINGTON-The United States had mixed success in securing more spectrum for next-generation global satellite systems at the World Radiocommunication Conference in Geneva, an event unexpectedly preoccupied with the mammoth Teledesic …

WASHINGTON-Countries worldwide are invited to invest in Iridium Inc., an international consortium planning to introduce global satellite communications. The Iridium Global Ownership Program will facilitate direct ownership in the project, …

Fearing fratricide in the sky, Wall Street is losing its ardor for backing risky telecommunications ventures with junk bonds. In recent weeks, mobile satellite service developers Iridium Inc. and Globalstar …

BRUSSELS-The European Commission is investigating three consortia building mobile satellite systems to guage the effect those global systems will have on future competition in European Union nations. Globalstar L.P., Iridium …

Korea Electric Power Corp. added eight sites to the existing four sites of its L.M. Ericsson Ltd. trunked system, which uses Enhanced Digital Access Communications System technology. Korea Electric hopes …

Editor’s Note: The RCR research and editorial departments have compiled this list of mobile satellite carriers based on survey responses and interviews with industry contacts. The chart is arranged alphabetically …

WASHINGTON-The Federal Communications Commission will vote next week on positions the United States may take at a major international conference in Geneva this fall, amid charges that the microwave and …

Culminating seven years of development and fine-tuning, American Mobile Satellite Corp. has launched the country’s first satellite for mobile communications, giving lift-off to a new form of wireless services. Hughes …

WASHINGTON-Sparks are flying weeks before public comments are due at the Federal Communications Commission on applications from six firms seeking licenses to operate global pocket-phone satellite systems. “I think that …

With three new investors injecting a fresh $310 million into its low-earth-orbiting satellite project, Iridium Inc. said it has completed its planned equity financing. That means the Motorola Inc.-led international …

Other Iridium investors include: Iridium Canada Inc. China Great Wall Industry Corp. Iridium Africa Corp. Iridium Andes-Caribe of Venezuela Iridium India Private Ltd.-a consortium of Indian financial institutions, investing $32 …