The rise and fall of Iridium

BUSINESS & MANAGEMENT

7/26/20251 min read

The history of the Iridium organization (one which pioneered satellite phones) makes for a compelling read for students of business and management studies. With path breaking technology as its unique selling proposition, the business model rapidly caught the fancy of investors. However soon after business realities of extremely large cost base and thin revenue streams upended its good times. Given below is a link to a book review appearing on this topic on the Economist website.

http://www.economist.com/news/books-and-arts/21701462-strange-story-iridium-project-and-how-it-was-brought-back-dead-highs?