Iridium is probably the most popular, or rather notorious, of the satellite services available. They very publicly went bankrupt in 1999; 1 year after the service was announced. Nevertheless, Motorola Inc. stepped in and settled their debts. Iridium was launched again in 2001 and has been working ever since.
Iridium's mission was to develop a satellite system that would provide truly global coverage, a service that Inmarsat and Globalstar have not yet fulfilled. To realize this the Iridium network makes use of sixty six satellites, 450 miles high, orbiting the globe on 6 different planes. Voyaging at 16,832 miles per hour, each satellite is capable to orbit the globe every 100 minutes.
This configuration ensures that an Iridium handset will be able to send and receive calls from any place on the world (the only exceptions to this places who have diminished to support the service for political reasons). As long as the mobile phone has a clear line of tower to the sky it will maintain communication having at least 2 satellites at any one time.
The main criticism that has been leveled at Iridium is the reality that they are limited in their information and fax features. The service is available but not to the principles that Inmarsat as well as Globalstar can provide.
Also, as mentioned briefly in regards to Inmarsat's service, Iridium run a greater risk of loosing a signal once it was sent. This appears because they rely on the passing of signals via a number of satellites before routing them to their final destinations.
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