McCaw bails out of Iridium deal

Telecommunications mogul Craig McCaw has decided not to pursue an investment in Iridium LLC, and will focus instead on companies such as ICO Global Communications and Teledesic LLC, his company, Eagle River Investments LLC, said Friday. "With the powerful influence of the Internet on global...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.