Iridium Making a Push into Lower-cost Services

摘要

Mobile satellite equipment and services provider Iridium Communications on March 7 urged investors to view the coming decline in the company's equipment sales and lower monthly per-sub-scriber revenue as a sign of Iridium's broadening services offering to a much larger subscriber base. McLean, Va.-based Iridium said ultimately it would like to evolve into a serv-ices-based business that provides chipsets or an air interface to be integrated into wholesalers' hardware in exchange for royalty payments, with the vast majority of revenue coming from user-service charges.