Telemar Scandinavia Takes Over Mobile Satellite Business from TeliaSonera Sweden

Tuesday, January 21, 2003
An international business group lead by Compagnia Generale Telemar S.p.A. in Italy and Lagumar Marine AB in Sweden has formed Telemar Scandinavia AB which has acquired 100 percent of the shares in Telia Maricom AB. The acquired Telia Company, operating under the new name of Telemar Satellite Services AB, is taking over all Telia’s businesses and activities within the area of mobile satellite communication, including Inmarsat, Iridium, Globalstar as well as e-mail and data services via satellite and the Swedish telex network. The present staff from Telia Maricom AB is also joining the new company. Telemar Scandinavia will also take over the state-of-the-art DVP/IP platforms for asymmetric broadband services, recently acquired from Telia’s Satellite Division.

“The acquisition of these services and activities is a further important step in the international development of our Group, with the aim of creating one of the most important organisations operating in the field of electronics and mobile satellite communication services, specialising in the supply of advanced solutions and systems, mainly to the highly competitive maritime industry. We are fully committed to provide Telemar Satellite Services AB with all the support and resources necessary to maintain and develop the outstanding technological level and standard already present in the company structure and the team who have joined our organisation” says Mr. Bruno Musella, Managing Director of Compagnia Generale Telemar S.p.a. and Chairman of Telemar Scandinavia AB. “With the acquisition of Telias mobile satellite services and the satellite based DVB/IP broadband services also from Telia, we have succeeded in establishing a solid foundation for continued strong developments within the fast growing and highly competitive area of mobile satellite communication and broadband communication via satellite. This strong base is built on the unique competence, developed for many years within Telia, in close co-operation with Swedish and international maritime and mobile customers”, says Lars Brodje, Managing Director of Telemar Scandinavia AB Per-Erik Sahlén, General Manager of Telemar Satellite Services says, “Through Telemar, our company gets a financially strong international partner with long experience and a clear focus on maritime communication and IT solutions. This gives us a real opportunity to further develop our business, expand our product portfolio with new broadband services and provide further improvements in our service to the customers, both within the maritime industry and for land-mobile users”.

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