29 Jul 2014 15:04
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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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14 Jul 2014 10:11
Monday broker round-up UPDATE
Abcam: Numis cuts target price from 510p to 490p and stays with its add rating. ARM Holdings: Credit Suisse reduces target price from 1200p to 1125p and maintains an outperform rating. AstraZeneca: Jefferies reduces target price from 4850p to 4790p maintaining a hold recommendation. BP: Credit Su
Read more2 Jul 2014 16:00
30 Jun 2014 15:07
Inmarsat presses first Global Xpress satellite into service
Satellite group Inmarsat has launched its first Inmarsat-5 Global Xpress satellite into commercial service. The service has started with US government customers in the satellite's Indian Ocean region coverage area. The satellite was launched last December and has since undergone extensive testing
Read more25 Jun 2014 14:57
Jefferies debates capex push-back and sees 80% Inmarsat upside
After looking closer at Inmarsat's proposed plans for an in-flight broadband network, broker Jefferies is increasingly optimistic the satellite company could warrant a valuation of £13 per share, an upside of around 80%. Jefferies debated the idea that the extra investment would "push back" a long
Read more17 Jun 2014 09:45
Tuesday broker round-up UPDATE
Aquarius Platinum: UBS cuts target price from 41p to 24p and keeps a neutral rating. BAE Systems: Berenberg initiates with a target price of 455p and a hold recommendation. British Land: Deutsche Bank ups target price from 520p to 580p, but still recommends selling. Capital & Counties: Deutsche B
Read more17 Jun 2014 09:19
UK BROKER RATINGS: Davy Upgrades Easyjet To Outperform
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:
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FTSE 100
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BERENBERG INITIATES BAE SYSTEMS WITH 'HOLD' - TARGET 445 PENCE
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BERENBERG INITIATES GKN WITH 'BUY' - TARGE
17 Jun 2014 05:59
Plane search hasn't covered most likely spot, British expert says
London (Alliance News) - The search for missing airliner MH370 has not yet investigated its most likely resting place, British satellite company Inmarsat has told the BBC. The company estimated where the plane probably went down in the southern Indian Ocean based on the brief hourly connect
Read more10 Jun 2014 15:52
HydroDec directors add 4.36m shares, stock value jumps
A total of 4.36m shares were purchased by seven of HydroDec's board members this week, the oil technology group revealed on Tuesday. The transactions come just a few weeks after the group reported wider losses in the 12 months ended December 31st at $17.45m, compared to $14.20m a year earlier. T
Read more10 Jun 2014 14:15
DIRECTOR DEALINGS: Inmarsat Non-Executive Director Buys Shares
LONDON (Alliance News) - Inmarsat PLC, the mobile satellite communications services provider, said Tuesday that Independent Non-Executive Director Abraham Peled bought 10,000 shares at GBP7.719 per share. The company also said that Senior Vice President of Corporate Development Debbie Jones
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