Iridium flares
Iridium 54 on June 11, 2000 at 23:35 local (Mid Europe Summer Time) from Neuenhaus, Germany (52.5N/6.97E). 20 second exposure with AGFA XRG 100. (photo by Christoph Lohuis)
"Iridium flares" are bright flashes of sunlight reflected by the satellites that comprise the constellation powering the mostly defunct global wireless phone network.

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You can get predictions of Iridium Flares (and most other visible satellite passes at www.heavens-above.com. Neat-o site.
my dad's been freakin out about these for years. i think thats one of his favorite things to do, lounge in the pool and look for iridium flashes all night.
Mostly defunct? I know they lost 1 satellite to collision with a Russian craft, but I thought they'd already moved a replacement into position.
#1 seconded. Heavens-above is a great site, with charts and graphs telling you what you can see tonight.
http://heavens-above.com
I'm also confused by the "mostly defunct" bit. They're still in use and even have a second generation of satellite in the works.
"defunct" You haven't done much traveling. A lot a places where it's the only phone available - especially over 75% of the planet - at sea.