Fast-expanding satellite facilities company Speedcast International says it is adding another 350 vessels, both passenger carrying as well as commercial cargo ships. Speedcast says it has entered into an important strategic partnership with London-based satellite operator Inmarsat. There’s a growing demand from large cruise ship operators to provide full-service broadband access, including video, for their […]
Intelsat has announced that Dalkom Somalia signed an agreement for satellite services that will expand its broadband enterprise and DTH services in East and Central Africa and the Middle East. Under a multi-year agreement, Dalkom, a privately owned operator based in Somalia, will incorporate Ku-band satellite services provided by Intelsat 17 to extend services currently […]
The merger between Intelsat and Jersey-based OneWeb collapsed June 1st, and rival Inmarsat’s share price rocketed upward, rising from £8.08 to £8.60 on the London stock exchange. The dramatic rise reflected rumours that Inmarsat is a target for Japan’s SoftBank. June 1st saw Washington-based Intelsat say that the merger with OneWeb was likely to formally […]
As anticipated, the proposed merger between Intelsat and Jersey-based satellite constellation OneWeb has been pulled. Intelsat, in a statement issued early on June 1st, said that not enough of its bond-holders had agreed the terms of the SoftBank-enabled financial restructuring to make the scheme work. Intelsat needed an 85 per cent acceptance level of the […]
Two-thirds of all commercial aircraft are expected to be fitted with in-flight connectivity (IFC) by 2026, and this represents a potential $32 billion in revenue over the next decade as air travel continues to grow and passengers get used to the services. The data comes from Northern Sky Resarch (NSR) in its latest study, Aeronautical […]
Asia-Pacific telecoms company IPSTAR International, a wholly-owned subsidiary of Thaicom, has chosen the Hughes Network’s Jupiter broadband satellite to extend the reach of broadband throughout India. IPSTAR will operate the Jupiter System over THAICOM 4, a high-throughput satellite (HTS) in India, enabling government-owned service provider BSNL (Bharat Sanchar Nigam Ltd.) to offer fixed and mobile […]
Q-Sat, a rural satellite-delivered broadband supplier in Ireland, is in a “six-figure” dispute with London-based satellite operator Avanti Communications. The Financial Times is reporting that bills have allegedly not been paid. Q-Sat is run by former Irish and Arsenal football international Niall Quinn, who told Irish broadcaster RTE that he had been in dispute with […]
Japanese media giant SoftBank has helped Intelsat sweeten its proposed debt-swap by a small amount in its drive to merge with Jersey-based OneWeb. SoftBank will put in a minuscule extra $61.6 million, which might sound a lot, but doesn’t add up to much when the total pitched by SoftBank now on the table is $1.79 […]
Eutelsat’s Q3 overall revenues were €364.3 million, down 4.2 per cent (at constant currency) and 4.9 per cent as reported. Eutelsat said that its channel count was up 3.2 per cent (same period last year) at 6,356, and with HD penetration also rising at 1,057 channels and now represented 16.6 per cent of the operator’s […]
Satellite operator Intelsat is looking to merge with Jersey-based OneWeb with help from Japanese media giant SoftBank. The deal needs Intelsat’s debt-holders to agree to new financial terms, and that agreement looks to be in doubt. The deadline for acceptances of new terms was at midnight yesterday, May 10th. New York-based Reorg Research, in a […]