If Iridium dropped the call rate to 20 cents per minute or ex amount of data then as admitted by SAS that the revenue from the equatorial belt is going to bring in $600 million to $1 Billion per annum then doing the same cost analysis for the whole world then based on the SAS model Iridium would be pulling in $6 Billion to $10 Billion per annum.
I better tell Iridium to change the costing model as they are going to make so much more money....
SAS Price at posting:
8.1¢ Sentiment: None Disclosure: Not Held