If Apple really does acquire, I hope they ditch the bent pipe architecture, work on sat-to-sat connection, and most importantly for us, allow 2-way messaging on phones from sat, enough to send photos and stuff.
If Apple really does acquire, I hope they ditch the bent pipe architecture, work on sat-to-sat connection, and most importantly for us, allow 2-way messaging on phones from sat, enough to send photos and stuff.
They have rules requiring the current Executive Chairman to retain majority control for 5 years. They have a right of first offer with him if he wants to sell stock.
With the company they have the right to submit a counteroffer to any sale of assets required to provide the services, or proposed sales of the company itself.
All of this makes me feel that they want to have this company as an independent supplier, but have buying it up as their backup plan.
From wikipedia.
Their customers seem to be pretty phone-call heavy industries, they aren't competitive on the data front, but aren't they cheaper than Iridium for phone calls?