Inmarsat plans global broadband expansion

Author:
Publish date:
Social count:
0

Inmarsat, a leading provider of global mobile satellite communications services, agreed to a contract with The Boeing Co. for the delivery of three state-of-the-art 702HP Ka-band satellites.

The Inmarsat-5 constellation will enable Inmarsat to provide a global high-speed mobile broadband service offering.

With operations expected to start in 2014, Inmarsat-5 will support a next-generation global service, Global Xpress, which will target a $1.4 billion incremental market opportunity in VSAT services.

Global Xpress will address the established, growing markets for VSAT services in the maritime, energy and government sectors, with further growth potential in developing markets, such as the aeronautical sector.

Inmarsat estimates that the total cost of Inmarsat-5 and Global Xpress will be $1.2 billion over nearly five years.

"This is a new investment for new growth. With the Global Xpress network, we will be the first operator to offer global mobile broadband coverage, offering unparalleled speeds and bandwidth to customers in remote locations around the world," Inmarsat chairman and CEO Andrew Sukawaty said in a statement.

Click here for the full release.

Related

Dealers cautiously optimistic in March

Potential tariffs on aluminum and aluminum sheet are the most concerning policy issue facing the industry outside of workforce challenges, with the spread of E15 following closely behind, according to a new dealer survey.

Full Slate at ABC

A slew of major marine industry issues — including some it has confronted for years — are closer than ever to being resolved, making the American Boating Congress, May 9-11 in Washington, D.C., the most crucial to date, organizers say.

Hinckley’s Scott Bryant

The Hinckley Company has long been a leader in technology, and in 2017, it became the first production boatbuilder to roll out an all-electric luxury yacht, Dasher.