Oil & Gas Headwinds Slow M2M Profits for Iridium – Satellite Today
Iridium’s Satellite Network Operating Center (SNOC) [Via Satellite 10-30-2015] Growth for Machine-to-Machine (M2M) in the industrial market is healthy for Iridium, but slower than it could be as the dollar continues to gain strength and the oil and gas industry sees a steep decline in profits in recent months. The company posted $106 million quarterly…