COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

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Nov 7 11:47 AM EST

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To: Moonray who wrote (21264)	3/28/2001 1:04:37 PM
From: DMaA	Read Replies (1) of 22053

A satellite network un-crashes: March 28, 2001 Iridium Is Expected to Announce Relaunch of Mobile-Phone Service Associated Press NEW YORK -- Fresh from its $5 billion bankruptcy and near-destruction in the Earth's atmosphere, Iridium plans to relaunch its satellite-based mobile-phone service this week. The new owners of the 66-satellite network, Iridium Satellite LLC, plan to announce Wednesday that the system will go live again on Friday, almost exactly a year after commercial service was turned off. Iridium Satellite paid just $25 million to acquire the system, which cost Motorola Inc. and other investors more than $5 billion to develop. interactive2.wsj.com

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