Reviving Iridium
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Details
Case Code:
BSTR031
Case Length:
11
Period:
Pub Date:
2002
Teaching Note:
NO
Price (Rs):
0
Organization:
Iridium LLC
Industry:
Technology & Communications
Country:
US
Themes:
Strategic Planning,Turnaround Strategy
Abstract
The case discusses the problems faced by Iridium after the launch of its mobile satellite services. These problems landed the company in deep financial trouble, which led Iridium to file for Chapter 11-bankruptcy protection in the US Bankruptcy Court. The case also talks about Dan Colussy's turnaround strategies that resurrected the company and made it a success.
Learning Objectives
The case is structured to achieve the following Learning Objectives:
- Telecommunications, product launches and failures.
Keywords
Problems, Iridium, mobile satellite services, financial trouble, Chapter 11,bankruptcy,protection, US Bankruptcy Court, Colussy's, turnaround strategies