Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Inmarsat    ISAT   GB00B09LSH68

My previous session
Most popular
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Inmarsat Plc : NSSLGlobal appointed Value Added Reseller for Inmarsat Global Xpress

share with twitter share with LinkedIn share with facebook
share via e-mail
04/09/2013 | 08:38am EST

9 April 2013 - Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communications services, has signed an agreement with NSSLGlobal Ltd, appointing the independent service provider for satellite communications solutions as a Value Added Reseller (VAR) of Global Xpress (GX) for the maritime market.

GX will provide the shipping industry with the first global, superfast broadband service with speeds up to 50Mbps. Based on Ka-band technology, GX will consistently deliver higher performance through more compact terminals at a lower cost than existing VSAT services, making it accessible to many more vessels. It will offer the global coverage and reliability for which Inmarsat is renowned, and is complemented by Inmarsat's award-winning FleetBroadband for extra resilience in the most challenging environments.

Frank Coles, President, Inmarsat Maritime, said: "In building our VAR network for Global Xpress, NSSLGlobal's understanding of our business, combined with their decades of experience serving the maritime industry, makes them an excellent partner for Inmarsat's revolutionary GX service. We continue to make strong progress in building our global channel network in advance of the launch of our first Ka-band satellite at the end of this year."

Sally-Anne Ray, Chief Operating Officer, NSSLGlobal Ltd, said: "We are delighted to have been chosen as a Global Xpress launch partner for Inmarsat. VSAT communications has traditionally been a luxury in the maritime market and consequently only gained traction with customers who have the capital expenditure, space and data requirements to accommodate an always-on VSAT system. Global Xpress represents the next generation of communication for the whole maritime industry, as it provides a cost-effective broadband solution that supports the rapidly growing bandwidth demands of operational and crew welfare applications."

NSSLGlobal Ltd was founded in 1969 and serves thousands of maritime customers across the world from deep-sea merchant fleets to the Super Yacht market. A long-time partner of Inmarsat, NSSLGlobal offers a full range of integration, support and maintenances services to its customers, in addition to consultancy on communication solutions.

For further information

Shireen Crowe
PR Consultant to Inmarsat Maritime
Tel: +44 7879417177

Gene Chui, EdenCancan
PR Consultant to NSSLGlobal
Tel: +44 (0)20 7467 9417

About Inmarsat

Inmarsat plc is the leading provider of global mobile satellite communications services. Since 1979, Inmarsat has been providing reliable voice and high-speed data communications to governments, enterprises and other organizations, with a range of services that can be used on land, at sea or in the air. Inmarsat employs around 1,600 staff in more than 60 locations around the world, with a presence in the major ports and centres of commerce on every continent. Inmarsat is listed on the London Stock Exchange (LSE:ISAT.L). For more information, please visit www.inmarsat.com.

The Inmarsat press release newsfeed is on Twitter @Inmarsatnews and corporate updates are on @Inmarsat_plc

NSSLGlobal Ltd

NSSLGlobal is a leading provider of global satellite services on land and sea. Based in nearly 40 markets around the world, NSSLGlobal provides satellite services on land, online and on board. The company is an Inmarsat Distribution Partner for GSPS, BGAN and FleetBroadband and a VSAT network operator with its own DVBS2-RCS network supporting in excess of 700 vessels and land sites worldwide.

NSSLGlobal supports customers and partners in the corporate, media, government, maritime, oil & gas and offshore sectors. For further information visit www.NSSLGlobal.com.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on INMARSAT
01/17INMARSAT : GX Aviation inflight broadband now live on Indonesian low-cost carrie..
01/17INMARSAT : Fleet Xpress momentum continues as MOL introduces world's fastest gro..
01/17INMARSAT : GX Aviation inflight broadband now live on Indonesian low-cost carrie..
01/05INMARSAT : Collins Aerospace Expands Ability to Offer Inmarsat Jet ConneX Servic..
2018EUROPE MARKETS: Europe Stocks Return From Christmas Break To End Lower As BP ..
2018VIASAT : Competition Appeal Tribunal rules comprehensively in favour of Ofcom's ..
2018INMARSAT : to be first commercial customer for the new H3 launch vehicle provide..
2018INMARSAT : Competition Appeal Tribunal rules comprehensively in favour of Ofcom'..
2018INMARSAT : to be first commercial customer for the new H3 launch vehicle provide..
2018INMARSAT : crowned ‘World's Leading Inflight Internet Service Provider' fo..
More news
Financials ($)
Sales 2018 1 455 M
EBIT 2018 293 M
Net income 2018 117 M
Debt 2018 2 163 M
Yield 2018 4,48%
P/E ratio 2018 18,87
P/E ratio 2019 31,19
EV / Sales 2018 3,08x
EV / Sales 2019 3,36x
Capitalization 2 314 M
Duration : Period :
Inmarsat Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INMARSAT
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 7,32 $
Spread / Average Target 46%
EPS Revisions
Rupert Edward Pearce Chief Executive Officer & Executive Director
Andrew John Sukawaty Non-Executive Chairman
Jason Smith Chief Operations Officer
Antony Jeffrey Bates Chief Financial Officer & Executive Director
Peter Hadinger Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
INMARSAT2.29%2 314
SES3.98%9 090
THAICOM PCL--.--%230