Inmarsat eyes up $35 million stake in satellite market

The company has teamed up with ACeS on a collaborative model that will bring handheld and fixed services to the rest of the world

Inmarsat has teamed up with ACeS , a leading Asian handheld satellite services operator, in a move that will bring cost-effective handheld and fixed voice services to a worldwide audience.

The move is aimed at grabbing at least a 10 per cent share in what will be a $350 million market by 2010, according to mobile and satellite communications giant Inmarsat.

Advertisement - Article continues below

The partnership will initially result in service availability in Asia but will be extended to other geographies from next year, with the objective of making services fully global by 2009.

As part of the deal, Inmarsat will look after network and satellite operations in addition to development and service provision, while its new colleague will focus on product distribution.

To support its global ambitions, Inmarsat will launch a third Inmarsat-4 satellite. Currently in storage, the already-finished dish will cost up to $150 million to launch.

This figure is in addition to the $40 to $45 million the company will have to shoulder over a two-year period to ready the ACeS R190 satellite phone for it worldwide fanbase.

"Today Inmarsat takes its first steps in launching its global hand-held satellite phone service," said Andrew Sukawaty, chairman and chief executive of Inmarsat.

Advertisement
Advertisement - Article continues below

"Our move into hand-held means that distributors and end-customers choosing the new Inmarsat voice service will benefit from our long standing reputation for service reliability and quality. Furthermore, through our Inmarsat-4 satellite fleet, we will be the only provider today offering continuity of service on a global basis through the end of the next decade."

Featured Resources

Staying ahead of the game in the world of data

Create successful marketing campaigns by understanding your customers better

Download now

Remote working 2020: Advantages and challenges

Discover how to overcome remote working challenges

Download now

Keep your data available with snapshot technology

Synology’s solution to your data protection problem

Download now

After the lockdown - reinventing the way your business works

Your guide to ensuring business continuity, no matter the crisis

Download now
Advertisement

Most Popular

How to find RAM speed, size and type
Laptops

How to find RAM speed, size and type

3 Aug 2020
Labour Party donors caught up in Blackbaud data breach
data breaches

Labour Party donors caught up in Blackbaud data breach

31 Jul 2020
How do you build a great customer experience?
Sponsored

How do you build a great customer experience?

20 Jul 2020