Cellular, Wi-Fi, Bluetooth, GNSS NFC, UWB, etc. do get implemented on secondary processors running their own OS but on mainstream smartphones those are typically well isolated and don't have privileged access to other components. The cellular radio in an iPhone or Pixel is on a separate chip but that's a separate thing from it being isolated. Snapdragon devices with cellular implemented by the main SoC still have an isolated radio. Snapdragon implements multiple radios via isolated processes in a microkernel-based RTOS where the overall baseband is also isolated from the rest of the device. There are a lot of lower quality implementations than iPhones, Pixels and Snapdragon devices but the intention is still generally to have the radios isolated even if they don't do it as well as those.