Iridium is probably the most popular, or rather notorious, of the satellite services on the market. They very publicly went bankrupt in 1999; 1 year after the service was announced. Yet, Motorola Inc. walked in and settled their debts. Iridium was re-launched in 2001 and has been working ever since.
Iridium's mission was to develop a satellite system that would give truly global coverage, a service that Inmarsat and Globalstar have not yet fulfilled. To achieve this the Iridium network makes use of sixty six satellites, four hundred miles high, orbiting the globe on 6 different planes. Voyaging at 16,832 miles per hour, each satellite is capable to orbit the planet every 100 minutes.
This configuration ensures that an Iridium handset will be able to send and receive calls from any place on the planet (the only exceptions to this places who have rejected to help support the service for political reasons). As long as the phone has a clear line of tower to the sky it will maintain communication having at least 2 satellites at any one time.
The most criticism that has been leveled at Iridium is the fact that they are limited in their information and fax capabilities. The service is available but not to the principles that Inmarsat as well as Globalstar can give you.
Additionally, as mentioned briefly in regards to Inmarsat's service, Iridium run a greater risk of loosing a signal once it was sent. This arises by reason that they rely on the passing of signals via a number of satellites before routing them to their final destinations.
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