IRDM - IRIDIUM NEXT / CERTUS / AIREON The Second Generation Message Board

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Technology Stocks : IRDM - IRIDIUM NEXT / CERTUS / AIREON The Second Generation

IRDM 16.95

-2.2%

Oct 29 3:59 PM EDT

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From: pcstel	9/6/2019 2:09:01 PM
	of 17

"reduce future amortization requirements and secure a strategic partner to provide approximately one half of the second lien facility. This partner brings significant experience to the relationship as well as collaboration opportunities with respect to various satellite and spectrum initiatives." "Collaboration opportunities" with respect to various satellite and spectrum initiatives. Sounds like Iridium to me. Iridium needs additional L Band below 1618Mhz Globalstar needs a new constellation and 3G ground network. Globalstar needs reliable duplex operations and new phones. Globalstar was a large Iridium customer during 2007-2012 when Globalstar could not provide reliable duplex operations with their own phones. Such a collaboration takes a whole load of future uncertainty off the table for Globalstar. New Constellation New User Terminals New Ground Network Iridium could care a less what Globalstar does in the S Band with Spectrum Monetization. Globalstar basically raises the white flag on building and running a duplex MSS business and simply becomes a Distributor for Iridium under the Globalstar name.

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