March 9, 2001
Iridium returns from the dead. Again.
Author: JT Smith
From Slashdot: "Tjp($)pjT writes "A Canadian company which bought Iridium for roughly a quarter of a cent on the dollar has scheduled the re-opening of the service. Rescued from a blazing death of dropping all 66 sats and their spares out of orbit to burn up on reentry, the 5 BILLION dollar system was purchased on the block for 25 million. The US Government contracted with the service for unlimited air time for 20,000 phones for two years with other options. More can be read here.""