APPLE
Key words found:
i in the Sky- Iridium (77) - Syria? - high-precision satellite navigation projects for the likes of the U.S. Navy- Product(RED) - Shell corporations
1 of 4 posts
iPhone Goes International with Iridium
"Apple’s iPhone has proven wildly popular around the world, even in countries where there’s no official carrier (see “iPhone the Hot Ticket Item in… Syria?,” 2008-03-24). Although Apple will continue to negotiate deals with carriers in larger countries, we’ve learned that the company has quietly been working on an innovative plan that will enable the iPhone to work literally anywhere in the world.
i in the Sky — Iridium is a mesh network of 66 communications satellites in low earth orbit aimed at providing a truly global voice and data network. The service came online on 01-Nov-98, but went into Chapter 11 bankruptcy less than a year later, due to the massive startup costs (estimated at $6 billion) of launching so many satellites. Other problems included the decreased cost of terrestrial cell service, increased use of roaming agreements between terrestrial carriers, the high cost of both handsets and service, and management failures. In 2001, the service was purchased by a group of private investors for about $25 million and service was restarted. The new Iridium Satellite LLC currently has about 250,000 customers, and 2007 revenue may have been as high as $300 million.
Much of Iridium’s business comes from the U.S. Department of Defense, which invested to keep Iridium alive and remains the company’s largest customer, paying $36 million per year for unlimited access for up to 20,000 users. Apple is expected to keep the DoD contract, and although the close connection with the U.S. military may cause consternation among some iPhone and Macintosh users, Apple insiders say that the deal may also open up many other lucrative opportunities within U.S. federal, state, and local governments, as well as overseas governments.
https:// tidbits.com/2008/04/01/iphone-goes-international-with-iridium/
1/4