Last year I conducted an interview with TerreStar Networks CTO CTO Dennis Matteson and he showed off his company’s exciting new smartphone which works on 3G and Satellite networks allowing customers to utilize the best network for the call depending on circumstances. The video interview below shows you how this impossibly small device looks a lot like a Blackberry or any other smartphone which has a keyboard. This gadget really sets a new standard for sat phones and unlike most satellite phones, you won’t feel like you are from the Jurassic when you take it out in public.

As satellites are farther than cell towers, you can expect this world phone to go through battery fairly quickly when communicating with them. In addition there is bluetooth, WiFi and lots of other goodies as part of the package.

Cindy Waxer covers the details on this phone’s delay and release on TMCnet.