you can't really compare iridium to purely geostationary operators as a business model, however, something LEO based that support very small L/S-band modems and handheld size terminals, embedded modems is very different than a company that only owns C/Ku/Ka band geostationary satellites and makes most of its revenue from selling transponder kHz.
iridium is truly unique in that in the pre-starlink era it has been literally the only, true global pole-to-pole coverage LEO network. the trade off has been that the original network architecture of it was designed for very low data rates, so just highly compressed voice and low rate data only.
even the second generation iridium network which is now operational is still very limited in IP data rates.
you're still not going to get a starlink terminal to be as compact as a very small iridium modem and L/S-band portable antenna.
iridium is truly unique in that in the pre-starlink era it has been literally the only, true global pole-to-pole coverage LEO network. the trade off has been that the original network architecture of it was designed for very low data rates, so just highly compressed voice and low rate data only.
even the second generation iridium network which is now operational is still very limited in IP data rates.
you're still not going to get a starlink terminal to be as compact as a very small iridium modem and L/S-band portable antenna.