Profile: Iridium Communications Inc (IRDM.O)

Iridium Communications Inc., formerly GHL Acquisition Corp., incorporated on November 2, 2007, is a provider of mobile voice and data communications services via satellite, and the provider of mobile satellite communications services offering 100% global coverage. It offers voice and data communications services to the United States and foreign governments, businesses, non-governmental organizations and consumers via its constellation of 66 in-orbit satellites, seven in-orbit spares and related ground infrastructure, including a primary commercial gateway. On September 29, 2009, the Company completed the acquisition of Iridium Holdings LLC.

The Company’s satellite network provides communication services to regions, including remote or rural land areas, open ocean, the Polar Regions and regions where the telecommunications infrastructure has been affected by political conflicts or natural disasters. The United States government was its largest customer, generating 21.1%, of its total revenues for the year ended December 31, 2008.