Iridium North America Reports Gain In Subscribers And Increase In Airtime Usage
[Business Wire]
09/01/99 -- TEMPE, Ariz --Iridium North America, the sole provider of Iridium services in North
America, Wednesday announced that subscribers and minutes of use of Iridium service have increased
steadily since July of this year.
After the company lowered airtime and equipment prices this summer, Iridium North America reports a
consistent 25 percent increase in subscribers and a boost of 20 percent in airtime usage among existing
customers. An independent and privately owned company, Iridium North America claims the highest
number of Iridium subscribers worldwide.
"This is great news," said Jim Walz, president and chief executive officer, Iridium North America. "The
increase in minutes of use and subscribers figures are a testament to Iridium North America's dedicated
employees and evidence of a validated market for global satellite communications. We are confident that
we have a product that not only meets but exceeds customers' expectations."
Iridium North America is the sole owner and operator for Iridium services in North America. Iridium
North America is actively selling services through integrated wireless service providers and distribution
partners providing customers the ability for unique service that permits any type of telephone transmission
-- voice, paging, data and fax -- to reach its destination virtually anywhere on Earth, at any time.
Iridium North America has headquarters in Tempe and serves the United States, Bermuda and Puerto
Rico. Iridium North America is backed by telecommunications leaders Motorola Inc., Sprint Corp. and
Bell Canada Inc. For more information regarding the Iridium system, visit the Web site at
www.Iridium.com or call 888/IRIDIUM. |
