IRDM Iridium Communications Inc. : Bullish and Bearish Analyst Opinions
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22:11
Mar 02
Mar 02
Trump states, "We must strive to achieve connectivity in the most remote locations... roughly six billion individuals have a mobile device." Liberia and Somalia also call for technology that works in "low bandwidth" and "off-grid" environments. Traditional fiber/cell towers are targets in war (as noted by the DRC and Ukraine reps). The solution demanded is satellite-based, direct-to-device connectivity that bypasses local terrestrial infrastructure. Companies providing satellite broadband and low-earth orbit connectivity will see increased government subsidization to close the "digital divide" for security reasons. Long Satellite & Space Communications providers. High capital expenditure costs for satellite deployment and technical failure rates.
About IRDM Analyst Coverage
Buzzberg tracks IRDM (Iridium Communications Inc.) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked.