An all-cash transaction will minimize the equity dilution.

Between now and August, the satellite radio companies are in a lull period. I don't see upside surprises that will move the stocks,

Investors will look to Iridium's success as a bellwether, even for [later] broadband projects.

Investors will look to Iridium's success as a bellwether, even for [later] broadband projects,

We cannot recommend purchase until acceptable price points and churn (subscriber turnover) rates become more apparent.

There is a concern if (the venture) can execute as effectively as (companies) that have it all under one roof.