Iridium Communications Inc (STU:6IC)
€ 28.92 0.74 (2.63%) Market Cap: 3.52 Bil Enterprise Value: 4.83 Bil PE Ratio: 149.90 PB Ratio: 4.49 GF Score: 70/100

Iridium Communications Inc at Deutsche Bank Leveraged Finance Conference Transcript

Oct 03, 2023 / 05:40PM GMT
Release Date Price: €41.95 (-0.17%)
Unidentified Analyst

Okay. We'll get started. Next up, we have Iridium. From the company up on stage with me is Tom Fitzpatrick, Chief Financial Officer. Tom, thanks very much for being out here.

Thomas J. Fitzpatrick
Iridium Communications Inc. - CFO, Chief Administrative Officer & Director

Happy to be here, Aaron. Thanks for having us. I'll just give you a quick overview of the company, some points. I'll skip through the safe harbor language. And just talk a little bit about the company a bit. So we've completed a stark financial transformation of the company, it was completed in 2019. And if you see the picture of the satellite on the right, that's our new generation constellation. It was, as I said, completed in 2019. And it replaced our old satellite constellation. That's a picture on the left that was launched in the late '90s. And importantly, for investor consideration lasted well over 20 years. It was operating just fine when we de-installed it in 2019.

And so that's a good indication of how long the new generation constellation will last, we

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