14 Jul 2016 09:11
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Don't have an account? Click here to register.Inmarsat inks deal with Cyprus-based Satlink
Tue, 14th Feb 2017 07:36
(ShareCast News) - FTSE 250 satellite communication services provider Inmarsat has entered into a new agreement with Satlink Satellite Communications to integrate its Global Xpress maritime solution Fleet Xpress into Satlink's existing service portfolio.As part of the agreement, Satlink will bring more than 1,500 vessels to the Fleet Xpress service over a five-year period.Inmarsat said Fleet Xpress is facilitating innovative 'connected ship' applications, delivers the highest levels of reliable, high-speed broadband connectivity and "exceptional performance" across all of the world's oceans, with continuous connectivity and guaranteed performance.Based in Cyprus, Satlink supplies, services, integrates and installs satellite communications equipment on-board. Its customers include merchant fleets, offshore, fishing and leisure vessels.Ronald Spithout, president of Inmarsat Maritime said: "Satlink is a long-standing Inmarsat Maritime Partner and we are delighted to further strengthen our relationship with this significant agreement."We are seeing an unprecedented uptake of the Fleet Xpress service since its launch last year, and by working with Satlink, we are able to extend our global reach and expertise to the market. The connected ship is no longer a concept, but now rapidly becoming a reality. With our, world-leading, high-speed broadband connectivity and a dedicated partner network, together we are revolutionising the industry and delivering tangible benefits in terms of vessel performance, driving operational efficiencies and improving the wellbeing of the crew."
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13 Jul 2016 14:45
Jefferies tips Inmarsat on read-across from AirAsia connectivity deal
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Broker tips: Asos, Cobham, Inmarsat
(ShareCast News) - RBC Capital Markets reiterated its 'outperform' stance and 4,500p price target on online fashion retailer ASOS, saying the recent share price weakness was a buying opportunity. The broker noted the shares have dropped more than 10% over the last month, most likely on concerns over
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Citi upgrades Inmarsat; says it's oversold and Brexit resistent
(ShareCast News) - Citigroup upgraded Inmarsat to 'buy' from 'neutral' saying it was oversold and Brexit resistent, and lifted the price target to 900p from 880p due to the new GBP/USD exchange rate. The bank noted Inmarsat has fallen 34% in sterling over the last six months. "We believe this is ov
Read more14 Jun 2016 12:02
Tuesday broker round-up
(ShareCast News) - Henderson Group: Exane BNP Paribas downgrades to neutral with a target price of 240p. Crest Nicholson: Deutsche Bank keeps at hold with a 542p target. Beazley: UBS stays at neutral with a target price of 376p. Inmarsat: Jefferies keeps at buy with a target of 1245p. Berkeley Gr
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Inmarsat forms maritime partnership with SpeedCast to resell Xpress services
(ShareCast News) - Inmarsat has formed a partnership with maritime broadband specialist SpeedCast International to roll out the satellite company's new Global Xpress (GX) service to around 2,000 vessels in five years. Under the new strategic alliance, the pair will work together in key maritime mar
Read more10 Jun 2016 14:23
Inmarsat signs 5 year deal with Marlink on Fleet Xpress
(ShareCast News) - Maritime communication company Marlink has signed a deal with communications specialist Inmarsat which will see the latter's Fleet Xpress broadband service made available on more than 2,000 ships over five years. "Today's agreement with Marlink is a significant endorsement of our
Read more2 Jun 2016 08:00
FTSE quarterly review confirms raft of changes to 100 and 250 indices
(ShareCast News) - Hikma Pharmaceuticals' promotion to the FTSE 100 index was confirmed after the latest quarterly review was announced overnight, while demoted blue chip Inmarsat was joined in the FTSE 250 by three recently floated finance groups CYBG, CMC Markets and Metro Bank plus several others
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