Wall Street views Iridium's problems as exceptional, and money continues to pour into new telecommunications ventures.

Vivendi will invest about $750 million to acquire 30 percent of Elektrim's telecommunications ventures, which will be pooled into a new joint-venture company.

Then he invested that money in new telecommunications ventures and rode the technology stock tsunami to a $9 billion fortune last year.

The NEC Corporation has entered a telecommunications joint venture with Argentina's largest industrial concern, Perez Companc.

Alagem continues to invest in real estate and is involved in various telecommunications ventures.

U S West, for instance, felt stock was the safest way to finance untried new telecommunications ventures overseas, including in Eastern Europe.

The friends-and-family list for KPNQwest, a European telecommunications venture of Qwest, illustrates how much top executives kept for themselves in the company.

Talks about American and British involvement in a Japanese telecommunications venture ended today with the participants still deeply divided.

Some have even founded new telecommunications ventures.

Veba, through its Vebacom subsidiary, has formed seven separate telecommunications ventures.