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International Business: Iridium Communications Enters Russian Market


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May 18, 2010 (FinancialWire) -- Iridium Communications Inc. (NASDAQ: IRDM) said the Russian government Commission Expert Opinion has approved Iridium's entry in to the Russian market.

Iridium said its low-earth orbiting satellite constellation covers the entire planet, presenting it an opportunity to provide service in Russia, particularly given the extensive, open land masses without telecommunications infrastructure in the country, in addition to Russia's harsh climates and northern sea routes.

At Sviaz-Expocomm 2010, Iridium is showcasing its innovative product portfolio, including the Iridium 9555(TM) satellite phone; Iridium OpenPort, an enhanced-speed maritime communications service; and the Iridium 9602(TM) short burst data transceiver that Iridium recently launched for global asset tracking and monitoring. The Iridium 9602 offers a smaller, lower-cost transceiver than what has been available on the market and offers the only global, low-latency, two-way satellite data communications service.

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