Iridium Communications: Undervalued At $20, Licenses Alone Justify The Price (NASDAQ:IRDM)

Group 1 - The current valuation of Iridium Communications Inc. is primarily supported by its licenses, particularly its global 8.7 MHz L-band, which could be valued at over $3 billion [1] - The company possesses a constellation of 66 satellites, which adds to its asset value [1]