ORBCOMM Nearly Doubles Billable Subscriber Communicators In 2006
Fort Lee NJ (SPX) Jan 08, 2007 ORBCOMM reports that it ended 2006 with about 225,000 billable subscriber communicators on its data communications system, a 99% increase over the Company's subscriber communicator base of 113,000 at the end of 2005. ORBCOMM added approximately 112,000 billable subscriber communicators for the full-year 2006 and approximately 26,000 billable subscriber communicators in the fourth quarter of 2006. The number of fourth-quarter subscriber communicator additions is greater than the range of 19,000 - 25,000 previously forecast by the company.
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