Iridium Communications: Returns from Space! Iridium's global satellite network defies market panic!
Reading Time: 3 minutes
The first sectors already show a double-digit percentage loss, and only the energy sector remains in the positive. Rarely have market fears been greater than now. For a long time, interest rate hikes have even been anticipated. We focus on the sector "Communication Services". Iridium Communications is holding strong with a profit of over 10% in the currently volatile market environment. What exactly does the company do? Iridium Communications operates a global satellite network NTN Direct connects IoT devices and smartphones to satellites...
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