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Iridium Communications Inc (IRDM.OQ)

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Tue, May 22 2018

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Inmarsat faces U.S., Chinese competition in maritime safety

LONDON Britain's Inmarsat will lose its monopoly in maritime safety communications after the International Maritime Organisation gave Iridium and China's BeiDou Navigation Satellite System the green light to develop competing systems.

Inmarsat faces U.S., Chinese competition in maritime safety

LONDON, May 22 Britain's Inmarsat will lose its monopoly in maritime safety communications after the International Maritime Organisation gave Iridium and China's BeiDou Navigation Satellite System the green light to develop competing systems.

BRIEF-Iridium Q1 Earnings Per Share $0.07

* IRIDIUM ANNOUNCES FIRST-QUARTER 2018 RESULTS; COMPANY AFFIRMS 2018 AND LONG-RANGE OUTLOOK

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