LightSquared and Inmarsat Collaborate to Support Hurricane Irene Emergency Responders
RESTON, Va. and LONDON, Aug. 29, 2011 /PRNewswire/ -- LightSquared™, the nation's first wholesale-only integrated 4G-LTE wireless broadband and satellite network, and Inmarsat, the leading provider of global mobile satellite communications services, today announced that they have coordinated resources to ensure that their respective emergency services customers have reliable access to essential satellite communications to support their Hurricane Irene relief efforts.
"Given the tremendous impact Hurricane Irene has had on the east coast of the United States, it is vital that first responders have unfettered access to reliable communications," said Sanjiv Ahuja, chairman and chief executive officer of LightSquared. "LightSquared, working with Inmarsat, is committed to ensuring that those on the front lines of this national emergency have seamless connectivity with one another."
"During emergencies such as Hurricane Irene, reliable satellite communications is essential for emergency responders and government agencies," said Andrew Sukawaty, chairman and chief executive officer of Inmarsat. "Together with LightSquared we have moved rapidly to ensure that we have sufficient capacity to support emergency management agencies and first responders."
LightSquared's mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services – at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared's network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to www.LightSquared.com, www.facebook.com/LightSquared and www.twitter.com/LightSquared.
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.
Forward Looking Statement
This release contains forward-looking statements and information regarding LightSquared and its business. Such statements are based on the current expectations and certain assumptions of LightSquared's management and are, therefore, subject to certain risks and uncertainties. The forward-looking statements expressed herein relate only to information as of the date of this release. LightSquared has no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release, nor is there any assurance that the plans or strategies discussed in this release will not change.
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