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