Iridium for the masses? Personal communications devices star in company’s Q2 financials

by Peter B. de Selding

PARIS — Mobile satellite services provider Iridium Communications Inc.’s financial results showed a company that already sped past the Covid pandemic, with growth in its maritime, aero and land-mobile businesses.

Satellite services companies that don’t usually talk about IoT have pointed out in recent weeks that this narrowband user category has shown robust health.

Iridium’s results for the three months ending June 30 showed just how robust that can be. The company increased its commercial IoT revenue by 20%, to $27.7 million, on . . .

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