Iridium Saved?

Ekeron writes: "Spaceflightnow.com reports that: 'The U.S. Bankruptcy Court for the Southern District of New York today approved the bid of Iridium Satellite LLC to purchase the operating assets of Iridium LLC and its subsidiaries. Iridium Satellite LLC will continue to provide commercial satellite communications to the U.S. Government and plans to re-launch affordable satellite communications services to those industry segments that have a particular need for satellite communications (government, military, humanitarian, heavy industry, maritime, aviation, adventure) within 60 days.' Get the full story at: Spaceflightnow."