| Specialized REITs Industry | Real Estate Sector | - CEO | ASX Exchange | AU000000NWF9 ISIN |
| Bermuda Country | 545 Employees | - Last Dividend | - Last Split | - IPO Date |
Iridium World Communications Ltd. was a company primarily involved in the telecommunications sector, focusing on global wireless communication services. Founded in 1991 and based in Hamilton, Bermuda, its operations were pivotal in enabling worldwide mobile communications. Iridium World Communications Ltd. gained recognition for its oversight and management participation in its parent company, Iridium LLC, which directly owned Iridium Operating LLC. This structure underscored its integral role in the operational and strategic framework of its subsidiaries, specifically Iridium, which specialized in delivering voice and data communication services across the globe. In August 1999, the company faced financial difficulties, leading to a voluntary petition under Chapter 11 of the United States Bankruptcy Court, signaling its operational and financial restructuring as a debtor-in-possession.
Iridium's core product was its global wireless telecommunication services, enabling a vast network of users to stay connected. These services facilitated voice and data communications for customers around the world, irrespective of their location. Whether in remote areas or bustling urban centers, Iridium's infrastructure ensured reliable connectivity for essential communication needs, including making and receiving phone calls as well as sending and receiving pages.