ICO Has High Expectations For Lawsuit Against Boeing

摘要

The lawsuit by startup mobile satellite communications company ICO Global against satellite maker Boeing could result in a cash windfall equivalent to $10 per share of ICO stock, ICO Chief Executive J. Timothy Bryan said Dec. 3. Bryan, who in the past has used the Boeing litigation — set to go to trial in April — as a marketing tool to investors, said ICO's recent difficulty in securing access to radio spectrum in Europe will only add to the company's determination to pursue Boeing in court.