Motorola pulls workers from Teledesic project

Joan L. Grove Brewer (pegasus@transport.com)
Wed, 26 May 1999 18:01:38 -0700

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Any speculations on what is troubling Iridium?  They are loosing money =
on these launches.  Why are their satellites failing? mass production?  =
How many are up there?  And how many (10) failed?  What about Orbcomm.  =
Didn't they loose 12 in a launch explosion? The US isn't the only =
country having problems, this is world wide! Are we encountering alien =
sabotage? Are they being hacked?  In studying the designs I found that =
many things in satellites are plug-n-play like with a computer. Do they =
use a common OS for their computers? What about software program?  =
Anyone know?  This is coming to a head!  What are the missing pieces. =
I've seen what I thought were satellites make sharp moves but was told =
that they were hitting air pockets.  Is this correct?

J~   =20


http://biz.yahoo.com/rf/990525/bjs.html

Tuesday May 25, 7:18 pm Eastern Time
Motorola pulls workers from Teledesic project
CHICAGO, May 25 (Reuters) - Wireless communications and semiconductor =
maker Motorola Inc. (NYSE:MOT - news) is pulling workers off its =
``Internet in the sky'' project with closely held Teledesic LLC, a =
Motorola company spokesman said Tuesday.

``Motorola did do a small internal realignment,'' said Motorola =
spokesman Robert Edwards. ``Motorola is still in negotiations with =
Teledesic regarding the contract.''

Motorola would not disclose how many workers had been shifted away from =
the satellite project.

Under an agreement announced in May 1998, Motorola got a 26 percent =
stake in Teledesic for $750 million and is the principal contractor in =
the venture that is backed by Microsoft Corp. (Nasdaq:MSFT - news) =
chairman Bill Gates and wireless communications entrepreneur Craig =
McCaw.

Teledesic is developing a satellite communications network to provide =
affordable telecommunications services including Internet access, =
video-conferencing and other services.

A spokesman for Bellevue, Wash.-based Teledesic said Motorola was =
reallocating resources to Iridium LLC (Nasdaq:IRID - news), which is a =
financially troubled global satellite phone system in which Motorola has =
an 18 percent stake.

``Obviously Motorola's immediate priority is ensuring that the Iridium =
system performs up to expectations,'' said David Bowermaster, spokesman =
at Teledesic. ``We strongly encourage that effort by Motorola.''

Motorola and Teledesic are still working together to finalize the =
details of the satellite system design and the system agreement, both =
companies said.

``The design work between the two companies is continuing,'' Bowermaster =
said.

Motorola's Edwards said the realignment ``was not really about =
Iridium,'' rather the company was taking a look at other strategic =
business opportunities beyond satellite and said some of the projects =
where the workers were shifted were land-based.

Shares of Motorola closed off 7-9/16 at 79.




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<!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
Yahoo - Motorola pulls workers from = Teledesic project
Any speculations on what is = troubling=20 Iridium?  They are loosing money on these launches.  Why are = their=20 satellites failing? mass production?  How many are up there?  = And how=20 many (10) failed?  What about Orbcomm.  Didn't they loose 12 = in a=20 launch explosion? The US isn't the only country having problems, this is = world=20 wide! Are we encountering alien sabotage? Are they being hacked?  = In=20 studying the designs I found that many things in satellites are = plug-n-play like=20 with a computer. Do they use a common OS for their computers? What about = software program?  Anyone know?  This is coming to a = head!  What=20 are the missing pieces. I've seen what I thought were satellites make = sharp=20 moves but was told that they were hitting air pockets.  Is this=20 correct?
 
J~   
 
 
http://biz.yahoo.com/rf/= 990525/bjs.html
 
Tuesday May = 25, 7:18 pm=20 Eastern Time

Motorola pulls workers from Teledesic = project

CHICAGO, May 25 (Reuters) - Wireless communications and semiconductor = maker=20 Motorola Inc. (NYSE:MOT - news) is pulling workers off its ``Internet = in the=20 sky'' project with closely held Teledesic LLC, a Motorola company = spokesman said=20 Tuesday.

``Motorola did do a small internal realignment,'' said Motorola = spokesman=20 Robert Edwards. ``Motorola is still in negotiations with Teledesic = regarding the=20 contract.''

Motorola would not disclose how many workers had been shifted away = from the=20 satellite project.

Under an agreement announced in May 1998, Motorola got a 26 percent = stake in=20 Teledesic for $750 million and is the principal contractor in the = venture that=20 is backed by Microsoft Corp. (Nasdaq:MSFT - news) chairman Bill Gates and wireless = communications=20 entrepreneur Craig McCaw.

Teledesic is developing a satellite communications network to provide = affordable telecommunications services including Internet access,=20 video-conferencing and other services.

A spokesman for Bellevue, Wash.-based Teledesic said Motorola was=20 reallocating resources to Iridium LLC (Nasdaq:IRID - news), which is a financially troubled = global=20 satellite phone system in which Motorola has an 18 percent stake.

``Obviously Motorola's immediate priority is ensuring that the = Iridium system=20 performs up to expectations,'' said David Bowermaster, spokesman at = Teledesic.=20 ``We strongly encourage that effort by Motorola.''

Motorola and Teledesic are still working together to finalize the = details of=20 the satellite system design and the system agreement, both companies = said.

``The design work between the two companies is continuing,'' = Bowermaster=20 said.

Motorola's Edwards said the realignment ``was not really about = Iridium,''=20 rather the company was taking a look at other strategic business = opportunities=20 beyond satellite and said some of the projects where the workers were = shifted=20 were land-based.

Shares of Motorola closed off 7-9/16 at 79.

 

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