On October 25, 2006, Telenor entered into a definitive agreement with Apax Partners France for the sale of Telenor Satellite Services (TSS) to funds managed by Apax Partners for $400 million. Since 2002, Telenor has defined Telenor Satellite Services as non-core business. Apax Partners intends to pursue the development of the company in Norway and abroad. Telenor Satellite Services offers communication solutions via satellite to land, air and sea. The transaction will not impact the services provided by TSS and business relations with customers will remain unchanged. "Apax Partners is a very capable owner, and the sale of Telenor Satellite Services is made in accordance with Telenor's strategy to divest business operations that fall outside the scope of our core activities. We are pleased that Telenor Satellite Services will now have an owner that is well-positioned to continue the development of the company," said Bjarne Aamodt, Chairman of Telenor Satellite Services and Senior Vice President in Telenor. "We are delighted to make a further investment in satellite communication services by acquiring TSS. TSS is not only a major provider of mobile satellite services, but also a leading competitor in the high growth VSAT business segment, providing mission critical satellite communication services to demanding clients worldwide
Telenor Satellite Services was chosen as a premier service provider of the next generation of mobile satellite communications, Inmarsat's Broadband Global Area Network (BGAN). BGAN, currently planned for commercial launch in 2005, will offer high-speed circuit-switched and packet data services, plus voice telephony, via a portfolio of small, lightweight user terminals. The enhanced capabilities of the BGAN system are made possible through a new generation of satellites, known as Inmarsat 4
Telenor Satellite Services, a subsidiary of Telenor of Norway, announced that its Broadband Global Area Network Service (BGAN) is commercially available to customers in Europe, the Middle East, Asia and Africa. BGAN is a global, mobile service designed to provide voice and broadband data simultaneously and is the latest addition to the Telenor Portfolio of Broadband, On Demand and Value Added Services. Telenor Satellite Services also offers Terralink
Telenor Satellite Services, a subsidiary of Telenor of Norway, has purchased the satellite communications activities of Norse Technology AS and additionally has acquired the majority of stock in Norwegian-based Norse Electronics AS. With this purchase, Telenor Satellite Services intends to re-establish Norse Electronics AS as the leading integrator of communications services for the Oil & Offshore industry. The acquisition of Norse Electronics also serves to enhance Telenor Satellite
Intelsat S.A., & MTN Satellite Communications (MTN) agree to provide satellite services to Caribbean cruise & yacht customers Under a long-term agreement, MTN will leverage the first Intelsat EpicNG satellite, Intelsat 29e, to provide more than 2 gigabits of capacity for MTN's cruise and yacht customers in the Caribbean. The Intelsat EpicNG platform is a complementary overlay to Intelsat's leading global satellite network
Geolink Satellite Services has signed a contract to implement and manage global VSAT maritime solutions on an offshore plateform. The company will provide VSAT equipment and services on an oil rig in the Gulf of Guinea. Geolink Satellite Service has deployed stabilized maritime antennas, Internet access and VOIP solutions to support the complete business chain of communication while keeping the crew connected to the outside world (more than 200 users)
Telenor Satellite Services today announced the signing of a business agreement with Anders Utkilens Rederi (AUR) of Norway, one of northern Europe's largest maritime chemical transportation companies. The contract calls for Telenor to provide its Sealink maritime high-speed data communications solution aboard AUR's fleet of 16 chemical tanker vessels. Under the terms of this multi-year agreement, Telenor will provide Ku-Band service for AUR's entire fleet that operates primarily
Iridium Satellite announces that it has 175,000 subscribers worldwide as of December 31, 2006. The new figure represents a 23.2 percent increase over last yearâ€™s subscriber total of 142,000. Revenue for the full year 2006 was $212.4 million and EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) was $53.9m. Fourth quarter 2006 revenue was $53.2m and EBITDA was $14m. The company will announce plans for its new satellite constellation initiative, called Iridium NEXT
SatCom Group Holdings PLC, a reseller of mobile satellite communications, said its subsidiary O'Gara Satellite Systems Inc has won a 5-year contract, worth 10m in the first year, from the US government to supply satellite airtime to the US Navy. O'Gara, which is one of the five companies in the world certified as a Defense Information Technology Contracting Organization (DITCO) awardee, won the contract following a tender
VT iDirect announce that OmniAccess S.L., communications provider to superyacht & megayacht owners, has successfully launched a live satellite communications network built on iDirect's latest iDX 3.2 software and incorporating the high-performance X7 remote. The network, which was tested at Intelsat's Fuchstadt teleport over the IS-902 satellite, reached a data throughput rate of 50 Mbps. OmniAccess now plans a critical upgrade to its BroadBEAM ULTRA satellite service that will deliver
The launch vehicle blasted off from Pad 39 at the Baikonur Cosmodrome in Kazakhstan, and the first telemetry signal was acquired soon after by Inmarsat's Paumalu ground station in Hawaii, putting the satellite under the control of Inmarsat’s mission operations team.
Intelsat S.A., a provider of satellite services, has announced a quarterly cash dividend of $0.71875 per share, to be paid to holders of its 5.75% Series A Mandatory Convertible Junior Non-voting Preferred shares, in accordance with the terms of the preferred shares.
Astrium Services, the global innovative provider of satellite enabled solutions, has announced that it will operate with immediate effect under its new name Airbus Defence and Space, a division of Airbus Group. The change from Astrium Services to the new Airbus Defence and Space is part of a
Inmarsat, a provider of global mobile satellite communications services, has staged the inaugural Smart Operations conference, the first in a series of events seeking an open debate in the maritime industry over the operational benefits of integrated thinking on shore and ship communications.
Satellite service provider Intelsat S.A. announced today that more than 1,000 industry professionals have undergone training in the Intelsat-sponsored Global VSAT Forum (GVF) training program. Primary and subcontractor bandwidth customers, third-party installers
Geolink Satellite Services, part of CETel group, a specialist providing a wide array of communications to the oil and gas industry, has won a contract to install a stabilized antenna at the customer’s offshore floating platform in Congo.
Satellite service provider Intelsat S.A. published its second quarter results for 2013. The company reported revenue of $653.8 million and a net loss attributable to Intelsat S.A. of $408.3 million, or $4.19 per share, for the three months ended June 30, 2013.
Intelsat S.A., a satellite services provider, announced that its board of directors has elected John W. Diercksen to serve on the board as an independent director effective today. Mr. Diercksen will also serve on the Audit Committee. Mr. Diercksen is currently an executive vice president of
Thuraya Telecommunications Company, a Mobile Satellite Services (MSS) operator, has been selected by SMART Communications of the Philippines for the launch of its new crew calling service, Marino PhonePal. The multiyear deal will see SMART partner with Thuraya on network services and hardware
DigiGone announced that its video communications system and software platform has been approved for use with Thuraya’s IP terminals. A mobile satellite services operator, Thuraya is actively rolling out the DigiGone satellite communications solution across their distribution channels in all
Broadband Satellite Services Limited (BSS), an investment company based in the North East of England, has completed the acquisition of AND Group & the Satcom Global group of companies. Focused on the satellite communication and telecommunication markets
Intelsat S.A., a provider of satellite services, has reported revenue of $651.8 million and net income attributable to Intelsat S.A. of $87.8 million, or $0.75 per share on a diluted basis, for the three months ended September 30, 2013. The company also reported EBITDA1
Astrium Services, the global provider of satellite enabled telecom solutions, is again expanding its global VSAT coverage following the signing of new separate Ku-band capacity agreements with Eutelsat and SES. the company said new capacity secures more coverage and better performance in existing
Intelsat S.A., a provider of satellite services, has provided an update on its satellite capacity and other critical connectivities being used in a number of restoration initiatives in the Philippines following Typhoon Haiyan. Immediately after the disaster occurred
DigiGone announced the introduction of a new videoconferencing service for crew welfare communications aboard ships at sea. The company’s new DigiCrew package enables the transmission of high-quality video via satellite, allowing crewmembers the freedom to see and communicate with family