Inmarsat Announces Upgrade Pathway to Global Xpress Service
Inmarsat (LSE: ISAT), the leading provider of global mobile satellite communications services, today announced a pathway product to its future Global Xpress™ (GX) service, providing maritime users with access to both Ku-band VSAT and L-band FleetBroadband services in a bundled package.
Initially available from Ship Equip and Stratos, Inmarsat’s direct distribution channel, the new offering will deliver a fully-integrated managed service for an inclusive monthly fixed fee. It is intended to be available to all GX-appointed distributors.
Designed to provide a bridge to Inmarsat’s Ka-band Global Xpress service, the package includes a guaranteed free hardware upgrade when Inmarsat’s new service becomes available in 2013.
With a suggested retail price of US$2,999/month for 60 months, it offers:
“This is an exceptional value proposition. It gives the maritime industry a clear path to the true broadband services that Global Xpress will deliver and removes risk from upgrading now,” said Frank Coles, Senior Director of Maritime for Global Xpress.
“It is currently the only approved Global Xpress upgrade path. We intend to appoint further GX distribution partners, who will also be able to offer this winning proposition. Combined, Ship Equip and Stratos offer unprecedented capability, service and support for both FleetBroadband and Ku-band VSAT, and are ideally placed to bring this unique value-driven solution to the market,” he said.
The announcement follows the recent introduction of fixed fee options on FleetBroadband, which provide very large allowances for merchant fleets that want the functionality and reliability of an L-band service with predictable fixed costs.
“Since the inception of maritime satellite communications, Inmarsat has been the most trusted brand,” said Coles. “Inmarsat has shown it is ready to continue to be the leading light in maritime communications and provide a compelling, complete service for the industry.”
Inmarsat plc (LSE: ISAT) 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. The company's services are delivered through a global network of more than 400 distribution partners and service providers operating in 100 countries. For the year ended 31 December 2010, Inmarsat plc had total revenue of US$1,171.6 million (2009: US$1,038.1 million) with an EBITDA of US$696.1 million (2009: US$594.2 million). For more information, please visit www.inmarsat.com.
John Warehand, +44 20 7728 1579
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