Iridium is possibly the most well-known, or rather notorious, of the satellite systems available. They very publicly went bankrupt in 1999; 1 year after the service was announced. However, Motorola Inc. stepped in and resolved their financial obligations. Iridium was launched again in 2001 and has been operating ever since.
Iridium's mission was to generate a satellite service that would provide truly worldwide network, a system named Inmarsat and Globalstar have not yet obtained. To realize this the Iridium network makes use of 66 satellites, 450 miles high, and orbiting the globe on six various planes. Heading at 16,832 miles per hour, each satellite is capable to circle the globe every 100 minutes.
This settings guarantees that an Iridium handset will be capable to send and receive calls from any location on the world (the only exceptions to this locations who have declined to support the service for political purposes). As far as the mobile has a clear line of site to the sky it will maintain communication having at least two satellites at any one time.
The main grievance that leveled at Iridium is the reality that they are limited in their data and fax features. The service is available but not to the principles that Inmarsat and Globalstar can provide.
Moreover, as listed briefly in reference to Inmarsat's service, Iridium run a higher risk of loosing a signal once it was sent. This happens because they really rely on the passing of receptions through a number of satellites before routing them to their final destinations.
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