Satellite Today

Iridium Attributes Fourth Quarter Net Loss to GHL Transaction

March 17, 2010 | Satellite Today | Staff Writer
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[Satellite TODAY 03-17-10] Despite reporting strong subscriber and EBITDA growth, Iridium Communications posted a $4.7 million net loss in the 2009 fourth quarter, compared to a $1.5 million profit in 2008, according to Iridium’s latest financial results, released March 16.     Iridium...

 

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