WRR 0.00% 16.0¢ world reach limited

Irridium release their 3Q earnings end of October...so I guess...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 785 Posts.
    lightbulb Created with Sketch. 2
    Irridium release their 3Q earnings end of October...so I guess will have to wait until then to see how GO is travelling.

    This is a cut and paste from their last earnings call (end of July) in relation to GO

    "Before I wrap up, let me spend just a few minutes on our progress in the maritime business, as well as the launch of our new global satellite Wi-Fi hotspot, Iridium GO!

    Our Iridium GO! product is now commercially available as we began the first round of shipments to our partners just last week. The early order book has been strong and we see this latest Iridium innovation strengthening our leadership position in the core handset business. With one of the smallest form factors in the industry, it allows our customers to connect with their smartphones, tablets, and other personal devices anywhere in the world, providing access through their trusted devices where no other networks exist, or networks do exist but are too expensive to use.

    As we have listened to the initial feedback from our partners, many interesting use cases have emerged. From an enterprise customer with low on workers in remote areas that need emergency
    communications to the crew aboard a boat that shares this device with each other to check weather, read emails, and send position reports.

    We think it is going to be a hit in the general aviation market, and are also seeing strong interest from the military customers who increasingly want to use their smartphones when deployed. It’s also the lowest cost device and service offering that we’ve ever made in this category, and, while it will tacitly attract a whole new class of consumers, it should also have broad appeal amongst our established base of industrial and government users.
    Finally, one of the most unique and powerful capabilities of the product is its open interface for app developers to control the Iridium GO! connection directly from their apps and we have almost 30 developers licensed now to do that. Maritime and aviation weather, enterprise order management and other Iridium GO! ready apps will only help promote the device to new markets and customers in the future.



    http://files.shareholder.com/downlo...f419-4ceb-acf3-55b2f9b7c5bf/IRDM.20140731.pdf
 
watchlist Created with Sketch. Add WRR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.