Iridium Communications: 17% Upside Behind The Truly Global Satellite Constellation

10/18/17

Iridium Communications (NASDAQ: IRDM) is the only truly global provider of mobile voice and data communications services. Through a uniquely built constellation including 66 LEO satellites moving in six distinct orbital planes, the company is able to provide seamless service to businesses, governments and consumers worldwide. The satellite frequencies cross-link, requiring only one gateway, and in the case of failure in one, a spare can be re-positioned with minimal impact to service. What’s more, unlike competitor GEO satellites, LEO networks allow for a shorter transmission path and registration time, stronger signals and lower latency.

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