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Inmarsat signs 5 year deal with Marlink on Fleet Xpress

Fri, 10th Jun 2016 14:23

(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 new Fleet Xpress service," said Rupert Pearce, chief executive of Inmarsat."Although Fleet Xpress was only launched in March, it has been enthusiastically welcomed by the maritime market. This success serves to highlight the growth potential of the Global Xpress network that powers Fleet Xpress and reinforces our position in maritime."Inmarsat said Fleet Xpress allowed the deployment of a "new generation of connected ship applications and with them, a host of operational benefits that will support cost reductions and competitive advantage enhanced by those ship owners and operators that embrace the benefits of global, reliable, high-speed broadband services".
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9 Mar 2018 10:40

WINNERS & LOSERS SUMMARY: RM2 Jumps As It Sees Positive 2019 Earnings

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

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9 Mar 2018 08:10

TOP NEWS: Inmarsat Slashes Dividend As Ligado Contract Bites

LONDON (Alliance News) - Satellite company Inmarsat cut its dividend on Friday due to a "lack of visibility" over future cash payments from its Ligado Networks as it

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17 Feb 2017 17:10

LONDON MARKET CLOSE: Unilever Bid Helps FTSE 100 End Week Higher

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17 Feb 2017 10:33

Inmarsat to stop growing divi, UBS says

(ShareCast News) - Analysts at UBS slashed their target price on stock of Inmarsat on expectations the company would stop increasing its dividend payout. Inmarsat would do so - possibly beginning with its fiscal year 2016 numbers - until the divi was covered by its equity free cah flow, the Swiss

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14 Feb 2017 07:36

Inmarsat inks deal with Cyprus-based Satlink

(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

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12 Feb 2017 15:36

Sunday newspaper tips: 3i Group, Inspired Energy, Inmarsat

(ShareCast News) - 3i Group shares received a 'hold' recommendation in the Sunday Times' Inside the City column. While its financial are solid and investors are happy with the more than threefold rise delivered under CEO Simon Borrows, the private equity group is facing ever more pressure for buyout

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30 Jan 2017 13:05

Monday broker round-up

(ShareCast News) - BT: Barclays reiterates overweight with a target price of 475p. ITV: Jefferies reiterates buy, 230p target. Phoenix: Deutsche Bank restarts coverage at buy with a 835p target. Paragon Group: JP Morgan reiterates underweight with a 355p target. Inmarsat: Deutsche Bank reiterates

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23 Jan 2017 10:41

WINNERS & LOSERS SUMMARY: Paradise For Eden Research, Edenville Energy

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20 Jan 2017 09:51

Friday broker round-up

(ShareCast News) - Whitbread: Barclays upgrades to Equal Weight with target price of 4150p. Inmarsat: Deutsche Bank reiterates Buy with a target price of 1020p. Halfords Group: HSBC reiterates Buy with a target price of 415p. Pets at Home: HSBC downgrades to Hold with a target price of 230p. Nati

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20 Jan 2017 09:36

BROKER RATINGS SUMMARY: Exane BNP Cuts Sainsbury's And Tesco

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18 Jan 2017 12:15

LONDON MARKET MIDDAY: Soft Pound Supports FTSE 100 But Pearson Falls

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18 Jan 2017 10:29

WINNERS & LOSERS SUMMARY: Profit Warnings Crush Pearson, Premier Foods

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18 Jan 2017 09:48

Wednesday broker round-up

(ShareCast News) - Hochschild Mining: RBC Capital Markets reiterates Outperform with a target price of 290p. Pearson: Liberum reiterates Sell with a target price of 470p. IG Group: Barclays reiterates Overweight with a target price of 612p. British American Tobacco: Citi reiterates Buy with a targ

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18 Jan 2017 08:53

JPMorgan downgrades Inmarsat to 'neutral'

(ShareCast News) - JPMorgan Cazenove downgraded Inmarsat to 'neutral' from 'overweight' and cut the price target to 830p from 950p. JPM said its buy case had been predicated on the belief that GX will unlock new revenue opportunities, and underpin a double digit earnings before interest, taxes and d

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12 Jan 2017 13:49

Thursday broker round-up

(ShareCast News) - Hays: Deutsche Bank upgrades to Hold with a target price of 160p. Pagegroup: Jefferies reiterates Hold with a target price of 395p. Taylor Wimpey: Deutsche Bank reiterates Buy with a target price of 244p. Sainsbury: HSBC maintains Reduce with a target price of 205p. Tullow Oil:

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