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Anusuya Lahiri

Iridium Wins US Award To Protect 5G Networks With T-Mobile

Iridium Mobile United States DOT IRDM Iridium Communications

Cell,Tower,Structure,Against,Clear,Blue,Sky

Iridium Communications Inc (NASDAQ:IRDM) stock gained on Tuesday after it announced that the U.S. Department of Transportation (DOT) selected it for an award under the Complementary Positioning, Navigation, and Timing (CPNT) Action Plan Rapid Phase Award II to expand the deployment of Iridium PNT services nationwide.

Working with T-Mobile US Inc (NASDAQ:TMUS), the satellite communications company is launching live-site activations across the U.S. to provide advanced 5G network timing synchronization.

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