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Friday, August 3, 2012

M2M growth helps satellite phone company Iridium

Mobile satellite communications company Iridium Communications has reported its financial results for the second quarter of 2012.

Thanks in part to the estimated lifespan of the company’s satellite constellation being longer than previously expected, net income was up 51% year-on-year to $17.7 million (£11.4 million). Total revenue for Q2 was $97.3 million, up 1% year-on-year.

Iridium ended the quarter with 576,000 total billable subscribers, up 21% year-over-year, driven by machine-to-machine data connections and commercial voice customers.

Matt Desch, the CEO of Iridium, said “Iridium remains on a solid, long-term growth trajectory, with good progress in several key areas of our commercial business being partially offset by what we believe is short-term weakness in traditional government voice subscribers. Our M2M, maritime broadband and aviation markets continue to grow revenue and subscribers in the double-digits on a year-over-year basis, built on the foundation of a superior network, innovative partner channel and favorable competitive dynamics. In addition, we expect our global aviation monitoring venture, Aireon, to be a meaningful new source of high-margin revenue once Iridium NEXT is launched.”

Commercial M2M data subscribers grew 49% year-on-year to 202,000 customers, while government M2M data subscribers were up 20%.

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Opinion Articles

The mobile phone doorbell has been with us for five years, not five minutes

Mark Bridge writes:

The 'mobile doorbell'. What a clever idea. If someone rings your doorbell when you're out, it'll call your mobile phone and will let you talk via an intercom to the person at your front door. You can even protect yourself against burglars by pretending you're inside the house.

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This week at The Fonecast: 18th June 2011

Mark Bridge writes:

Sometimes it seems that everyone and everything is out to get you. Recently, Nokia's been in that position – but this week it looks as though RIM is taking over as the mobile industry's whipping-boy.

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Box Breaking in the UK

Mark Bridge writes:

In this week's podcast feature, Iain Graham has been taking a look at 'box breaking' in the UK. Box breaking can take a variety of forms but it generally involves buying a 'pay as you go' mobile phone at a price that's subsidised in part by a mobile network - and selling it at a higher price to someone who won't connect it to the original network. The package of phone and SIM card is effectively 'broken', with the SIM often sold separately.

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App discovery gets smarter

Mark Bridge writes:

I've written previously about the changes happening to mobile application stores. Last week I was talking to Todd Levy about the family-friendly application store he's planning to launch. He explained how BloomWorlds would be curated to provide trusted reviews that weren't skewed by the app developers themselves.

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Big Brother Camera Security app removed from Apple store after iPhone password survey published

Mark Bridge writes:

It may have been done with the best possible intentions, but developer Daniel Amitay has managed to upset a few people after releasing information gathered by his Big Brother Camera Security app.

The app helped iPhone users to protect themselves against thieves; not only did it lock the user's iPhone if left unattended, it would use the phone's camera to take a photo of anyone who tried unsuccessfully to unlock the device.

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A month of mobile: O2 counts on 3, Microsoft counts to 10 and Apple counts its profits

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