BETHESDA, Md., March 19 /PRNewswire/ -- Iridium(R) Satellite is pleased to announce it has reached agreement with three companies to enter into the concept development phase in its design and development procurement process for "NEXT," the company's next-generation satellite constellation.

Iridium Satellite, a provider of mobile satellite service, has reported revenue of $66.8 million for the fourth quarter ended 2007, a 26% increase, compared with $53.2 million in the same quarter of 2006.

Iridium Satellite, a provider of satellite voice and data solutions, has announced the appointment of John Roddy as executive vice president for ground operations and product development. Mr Roddy has more than 27 years of telecommunications and information technology industry experience.

Telenor Satellite Services, a subsidiary of Telenor of Norway (Oslo Stock Exchange: TEL and NASDAQ: TELN), today confirmed that it is extending Iridium Satellite's "Network Quality Guarantee" program to its global distribution network of service providers.