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Short Take: Teledesic names new vice chairman

Teledesic, which promotes wireless Internet access via satellite, has announced that William Arthur Owens will serve as the company's new vice chairman as of July 17. Teledesic expects that Owens, who once served on the Joint Chiefs of Staff, will bring considerable government and business experience to the company. Owens most recently served as president and COO of Science Applications International Corp.

Teledesic, which promotes wireless Internet access via satellite, has announced that William Arthur Owens will serve as the company's new vice chairman as of July 17. Teledesic expects that Owens, who once served on the Joint Chiefs of Staff, will bring considerable government and business experience to the company. Owens most recently served as president and COO of Science Applications International Corp.