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Iridium satellite phones second life
 
Ten years later, Iridium is alive and well in Tempe.
The high-profile Motorola venture crashed in a spectacular 1999 bankruptcy after its technologically flawless but pricey satellite phone system failed to catch on with consumers.
Only a handful of employees remained in 2000, when Iridium Satellites LLC paid $25 million for the array of orbiting satellites that Motorola and other investors spent more than $5 billion to develop.
Sunday 1 February, 2009 01:01 PM
 
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