TerreStar successfully completes first call on new satellite

Remember that giant satellite TerreStar launched a few weeks ago, TerreStar-1? It's now up and running, which means we're that much closer to tiny smartphones that blur the boundary between "satellite phone" and "sexy" -- something that we can't really say has ever even come close to happening before. In addition to completing its first call on the all-IP network provided by TerreStar-1, the company has notified the FCC and Industry Canada that it's now in compliance with the final milestones required for certification, so there's a fighting chance these guys could meet their goal of launching commercially this year. James Bond, your cellphone awaits.