SINGAPORE, Nov. 7, 2012 /PRNewswire/ --
Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communications services announced that it has signed Singapore Telecommunications Limited (SingTel) as a Value Added Reseller (VAR) of Global Xpress® for the maritime market.
Scheduled for service introduction in 2014, Global Xpress will offer the shipping industry the first global superfast broadband. Based on Ka-band technology, it will consistently deliver the fastest speeds 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 that Inmarsat is renowned for, with back-up from FleetBroadband for extra resilience in the most challenging environments.
Mr. Andrew Lim, Managing Director of Business Group, SingTel Group Enterprise said: "We are delighted to be the first Telco in Asia to be appointed a Global Xpress VAR. By harnessing our Telco and ICT capabilities in combination with Global Xpress, we are now able to offer our maritime customers a fully integrated end-to-end solution. The maritime industry is facing unprecedented challenges and opportunities created by rapidly changing technologies. Together, Global Xpress and SingTel will be able to lead the change and revolutionise the future of maritime communication, which is an exciting prospect for our customers."
"This agreement is the natural result of decades of successful cooperation between SingTel and Inmarsat," said Frank Coles, President, Inmarsat Maritime. "SingTel has an extensive knowledge of the Asian and Australian markets with a wide distribution network through which to deliver Global Xpress. SingTel is the preeminent communication solution provider in Asia and the ideal partner to introduce Asia's growing maritime market to the potential of Global Xpress's superior high bandwidth value."
About SingTel
SingTel is Asia's leading communications group with operations and investments around the world. Serving both the corporate and consumer markets, it is committed to bringing the best global communications solutions to customers in the Asia Pacific and beyond.
With significant operations in Singapore and Australia (through wholly-owned subsidiary SingTel Optus), the Group provides a comprehensive portfolio of services that includes voice and data solutions over fixed, wireless and Internet platforms, as well as infocomm technology and pay TV.
The Group has presence in Asia and Africa with 462 million mobile customers in 26 countries, including Bangladesh, India, Indonesia, Pakistan, the Philippines and Thailand.
To serve the needs of multi-national corporations, SingTel also has a vast network of offices throughout Asia Pacific,Europe and the United States. These offices enable SingTel to deliver reliable and quality network solutions to its customers, either on its own or jointly with local partners.
SingTel employs more than 23,000 people worldwide and had a turnover of S$18.83 billion (US$14.97 billion) and net profit after tax of S$3.99 billion (US$3.17 billion) for the year ended 31 March 2012. More information can be found at www.singtel.com and www.optus.com.au.
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 1,500 staff in more than 40 locations around the world, with a presence in the major ports and centres of commerce on every continent. For the year ended 31st December 2011, Inmarsat plc had total revenue of US$1,409m and an EBITDA of US$854m. For the six months ended 30 June 2012, Inmarsat plc had total revenue of US$684m and an EBITDA of US$381m. Inmarsat is listed on the London Stock Exchange (LSE: ISAT.L). For more information, please visit Inmarsat.com
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