Iridium, the ever first satellite handset service, failed in its endeavor to create a global mobile phone service for most users. High costs, poor demand and looming credit card debt payments, among the other setbacks, forced the business into bankruptcy.
Iridium Satellite, a new company directed by chairman Dan Colussy, believes it was evaluated by most specialists to be an excellent technology, but not necessarily one for which consumers would pay astronomical prices. Iridium's original bulky mobile phones cost you as much as $3,000, with airtime fees of more than $7 per minute.
Instead, Iridium Satellite plans to target commercial company markets, such as aviation and oil and gas exploration concerns, along with government users. The company last week authorized a contract with the Pentagon to serve 20,000 U.S. Defense Department employees over two years, which cleared the way for the fulfillment of its addition to the old Iridium's features.
One major advantage Iridium Satellite has over its predecessors is independence from the large debt payments essential to finance the $5 billion system. Iridium Satellite estimates it will cost about $7 million for every month--including advertising and its contract with Boeing to manage the satellites--to perform the system, executives said.
You'll find the reason why the satellite telephones are likely to be so reliable and why you would want to hire a satellite phone rather than depending on unreliable regular phone in these locations.
Iridium Satellite plans to introduce 5 satellites.
Both from today's networks in Australia, Thuraya and Iridium, allow you to receive and send SMS from any of their satellite mobile phones.
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