I’d strongly disagree they will be unprofitable. Zoleo JV aside selling 10,000 Iridium Go will be big. The JV will have big subscription revenue for 2022. The marketing is in remote areas, it will not be prime time CBD slot prices. I’d think JV will absorb the costs and will hardly notice it.
Ann: Quarterly Newsletter - ZOLEO Teaming Up with GoPro, Inc., page-7
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