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Inmarsat confirms launch of third Global Xpress satellite

Mon, 17th Aug 2015 08:04

(ShareCast News) - Inmarsat confirmed that the launch of its third satellite in the Global Express programme, I-5 F3, has been scheduled at the Baikonur Cosmodrome in Kazakhstan on Friday 28 August.The satellite will cover the Pacific Ocean region and will, together with I-5 F1 and I-5 F2, create the world's first globally available, high-speed mobile broadband service delivered through a single provider.The satellite communications services company said Global Xpress will deliver broadband speeds around 100 times faster than its fourth generation constellation.Chief executive Rupert Pearce said: "The completion of the Global Xpress constellation will be a significant milestone for our organisation and is fundamental to the delivery of a new era in mobile satellite communications which will change the future for us all."We are particularly pleased that GX will support vital programmes enabling governments to meet the rapidly changing requirements of our world, including the transformation of remote societies that are currently inadequately served by terrestrial networks."
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3 May 2019 16:01

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1 May 2019 08:35

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LONDON (Alliance News) - Takeover target Inmarsat PLC on Wednesday said it slipped to a first-quarter loss as charges mounted, but the firm remains confident in its prospects as underlying the the

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1 May 2019 07:44

Inmarsat swings to loss, cites takeover costs

(Sharecast News) - Satellite telecommunications company Inmarsat posted a 12.9% drop in first-quarter earnings on Wednesday and said it swung to a pre-tax loss, but reiterated its future guidance.

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24 Apr 2019 16:08

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24 Apr 2019 16:06

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23 Apr 2019 14:02

Capital Group Companies Reduces Inmarsat Holding To Just 4.1% (ALLISS)

LONDON (Alliance News) - Inmarsat PLC on Tuesday said Capital Group Companies Inc reduced its stake in the satellite communications firm by more than half to 4.1% after a deal on the transaction,

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12 Apr 2019 12:57

Goldman Sachs Group Now Holds 6.2% Of Inmarsat (ALLISS)

LONDON (Alliance News) - Inmarsat PLC on Friday said that Goldman Sachs Group Inc now holds a 6.2% stake in the company.Goldman Sachs' holding in the satellite telecommunications firm,

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27 Mar 2019 16:14

Moody's Places Inmarsat Ratings On Downgrade Review Before Acquisition

LONDON (Alliance News) - Moody's Investors Service on Wednesday said it has placed Inmarsat PLC's ratings on review for downgrade in light of an upcoming acquisition by a placed the Ba2 of

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25 Mar 2019 16:55

LONDON MARKET CLOSE: Global Growth Fears Continue To Weigh On Stocks

LONDON (Alliance News) - London stocks struggled on Monday following the sell-off seen on Friday sparked by global growth worries, with the FTSE 100 starting the week on a soft note amid losses on

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25 Mar 2019 12:01

LONDON MARKET MIDDAY: Shares Lower In Cautious Trade After Sell-Off

LONDON (Alliance News) - Stock prices in London started the week on a lacklustre note following Friday's sell-off, with Ashtead and United Utilities weighing

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25 Mar 2019 11:25

WINNERS & LOSERS SUMMARY: Inmarsat Up On USD3.4 Billion Takeover Deal

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------Standard up

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25 Mar 2019 08:50

LONDON MARKET OPEN: Stocks Down; Inmarsat Up After Agreeing Takeover

LONDON (Alliance News) - Stock prices in London were lower on Monday as investors fretted over falling US bond yields; however the FTSE 100 index of big international companies found some support

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25 Mar 2019 08:21

Inmarsat agrees take-private offer from Apax consortium

(Sharecast News) - A consortium of funds led by Apax Partners has made a $3.4bn (£2.6bn) offer to take satellite communications provider Inmarsat private.

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25 Mar 2019 08:00

TOP NEWS: Inmarsat Agrees Takeover By Apax Partners Consortium

LONDON (Alliance News) - Satellite firm Inmarsat PLC has agreed a USD3.4 billion deal with UK private equity firm Apax Partners LLP, Apax said on Monday.Last week, Inmarsat had said it had

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25 Mar 2019 07:45

LONDON MARKET PRE-OPEN: Inmarsat Accepts GBP3.4 Billion Takeover Offer

LONDON (Alliance News) - Stock prices in London are seen opening in the red on Monday, tracking Asian equity markets lower following heavy losses in the US on Friday, amid fears of an impending US

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