Loral Space & Communications Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Loral Space & Communications

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dragonfly who wrote (2443)	4/2/1998 8:47:00 PM
From: Valueman	Read Replies (1) of 10852

To respond: G* was formed as a partnership where the partners PAID money to invest in the G* system. Some of the investors are service providers, but they INVESTED in the partnership---they were not granted options. Iridium will dilute present shareholders' ownership by 7% when they issue these "incentive" options. There is nothing comparable in the G* program. RETAIL price for a G* handset is $750--that is not a manufacturing cost. The gateway contract with QCOM was for $275 million--$2.7 billion + $275 million does not equal Iridium--not even close. Iridium wholesale pricing has always been believed to be $2.50 per minute on average. There are gateway operator markups, service provider markups, and long distance tail charges on top of that. The number you cite is by no means retail.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next