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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: brh187 who wrote (551)4/3/1998 9:52:00 AM
From: Leslie G. Pell  Read Replies (3) of 2693
 
Although I don't believe we are going to see a failure or a significant delay in the remaining launches, there are other sources of delay that could impact the first service date.

Before Iridium launches service they must conduct and pass through a series of testing periods. Network validation, operational readiness, and service acceptance are the big three that gets the collection of assets and processes to the state where they can be put in motion as a commercial service.

Any failure, or delay, in the process of conducting these tests will be the driver that delays Iridium's first service date.
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