Chief Executives of Iridium, Globalstar Exchange Jabs
WASHINGTON — The traditional rough-and-tumble among the mobile satellite services operators continued apace March 20 whenChief Executive Jay Monroe said he would wager $1,000 that the Next constellation of satellites would not be launched, as scheduled, starting in February 2015.
“I’ll take the bet,” Iridium Communications Chief Executive Matthew J. Desch responded during a panel discussion at the Satellite 2013 conference. “But it’s disappointing to see someone betting against someone else’s success.”
Monroe responded: “I was just trying to take advantage of a two-month window to make $1,000.”
To which Desch replied: “If you need the money, I can get it to you. I understand you need the money.”
Mobile satellite services, like politics, ain’t beanbag.