Latest news with #Inmarsat
Hans India
5 days ago
- Business
- Hans India
Intelsat, Inmarsat vying for a share in India's $2.3 billion market boom
New Delhi: Several global satellite operators like Intelsat, SES (both from Luxembourg), and Inmarsat (from the UK) are vying for a share in India's $2.3 billion satcom market boom, according to media reports. The companies, which also include Singapore Telecom, KT SAT (Korea), IPSTAR (Thailand), and PT Telekomunikasi (Indonesia), are adding satellite capacity to tap into India's fast-growing satcom market -- projected to reach $20 billion by 2028. These are also forging partnerships to build resell capacity with larger satcom operators who plan to offer broadband-from-space services to millions of Indian consumers. The move will help them compete against Elon Musk's Starlink -- the world's dominant satcom operator with a constellation of 7,578 satellites. India has, currently, provided necessary approvals to Starlink, Reliance Jio-SES JV, and Bharti Group backed-Eutelsat OneWeb to offer satcom services in the country. Amazon's Kuiper and Apple partner Globalstar are also in the pipeline and have applied for permits. Meanwhile, the opening up of direct-to-cell communications service, which refers to a signal from a satellite directly to a mobile phone, has strengthened the growing satcom market in India. As part of this, Tata Group's Nelco has recently partnered with Eutelsat to deliver OneWeb low Earth orbit (LEO) satellite connectivity across India. Nelco also added the Koreasat-7 satellite to its portfolio for operating in the Ku-band, as per regulatory filings. The satellite is operated by KT SAT -- a wholly owned unit of KT Corp -- South Korea's largest telecom service provider and also the country's sole satellite service provider. Similarly, Intelsat, acquired by Luxembourg's SES this year, added Intelsat 36, 17, 20, and 39 satellites for operating in the C band. SES already has a joint venture with Jio Platforms but is also building muscle to compete individually through its Indian unit, as per media reports. US-based Viasat, which had acquired British satcom firm Inmarsat in 2023, recently added Inmarsat satellites for the Indian market. These partnerships come amid heightened activity in India's satcom market. The broadband-from-space services are expected to start later this year, after the government grants spectrum to permitted companies, the reports said.
Time of India
5 days ago
- Business
- Time of India
Challenge to Elon Musk's Starlink? Intelsat, Inmarsat and more global players eye India's $2.3 bn satcom market; initial partnerships in motion
Representative AI-image Global satellite operators are competing for India's $2.3 billion satcom market, which is expected to increase nearly ten times within three years to become one of the world's largest markets. Several international operators, including Luxembourg's Intelsat, UK's Inmarsat, Singapore Telecom, Korea's KT SAT, Thailand's IPSTAR, and Indonesia's PT Telekomunikasi, are increasing their satellite capacity, as reported by Economic Times. These operators intend to resell their capacity to major satellite communication companies aiming to provide broadband-from-space services to millions of consumers in not all of these companies are direct competitors, these reselling agreements could enhance the capabilities of satellite communication firms to compete with the globally leading satcom operator, Starlink, owned by Elon Musk. Presently, Starlink, Reliance Jio-SES JV, and Bharti Group backed-Eutelsat OneWeb have received necessary approvals for Indian satcom services, whilst Amazon's Kuiper and Apple partner Globalstar have submitted permit applications. The emerging Indian satcom market is projected to reach $20 billion by 2028, driven by direct-to-cell communications service introduction, according to KPMG. Direct-to-cell enables satellite signals to reach mobile phones directly. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like These 11 Everyday Foods Might Be the Key to Knee Pain Relief Undo Initial partnerships underway Tata Group 's Nelco, which revealed a reselling partnership with Eutelsat OneWeb on Monday, has included Koreasat-7 satellite for Ku-band operations, according to regulatory documents. KT SAT, a subsidiary of South Korea's largest telecom provider KT Corp, operates this satellite. "Nelco uses multiple GEO satellites -- Indian as well as foreign -- to offer satcom services in India," said PJ Nath, managing director and chief executive officer of Nelco, as quoted by ET. "The KT-Sat is one of the satellites on which it has procured capacity, which has been authorised by IN-SPACe." Nath indicated Nelco's plans for multi-orbit satellite communications. "While it has access to a large amount of GEO satellite capacities, the OneWeb partnership will offer the LEO satellite capacity. The satcom services, whether GEO or LEO satellite based or a combination of GEO & LEO, will depend on the specific use cases and application requirements," Nath added. Intelsat, recently acquired by Luxembourg's SES, has added Intelsat 36, 17, 20, and 39 satellites for C band operations. Despite its joint venture with Jio Platforms, SES is strengthening its independent position through its Indian division, according to company sources. US-based Viasat, which acquired British firm Inmarsat in 2023, has recently incorporated Inmarsat satellites for Indian operations. "We will utilise our unique approach and extensive expertise to make a significant impact by using advanced satellite technology to help connect the most remote and hard-to-reach regions in partnership with top technology and manufacturing companies in India," said Gautam Sharma, managing director, Viasat India, quoted by ET. Viasat has served India's defence, civil, and commercial sectors for nearly twenty years, maintaining engineering centres in Chennai and Hyderabad. Meanwhile, in December, IPSTAR had said, "Thaicom's satellite services will focus on delivering broadband satellite solutions to enhance India's digital infrastructure, targeting not only rural markets but also underserved areas with connectivity challenges." These partnerships coincide with increased activity in India's satcom sector. Space-based broadband services are anticipated to commence this year, pending government spectrum allocation. Jefferies' research indicates Starlink could attract 180,000 Indian subscribers initially, increasing to 5.7 million by 2030. Starlink currently serves 5 million subscribers across 94 countries, predominantly in the US. India represents the largest territory where commercial satellite services await deployment, as Russia and China restrict foreign satcom operations. Consequently, satcom providers must increase capacity significantly to ensure nationwide coverage and reliable network speeds. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .
Yahoo
06-08-2025
- Business
- Yahoo
Viasat Releases First Quarter Fiscal Year 2026 Financial Results
CARLSBAD, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today published its first quarter fiscal year 2026 financial results in a letter to shareholders, which, along with webcast slides, is now posted to the Investor Relations section of Viasat's website. As previously announced, Viasat will host a conference call today, Tuesday, August 5, 2025 at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time. The dial in numbers for the conference are: (800) 715-9871 in the U.S. or +1 (646) 307-1963 internationally. Please reference conference ID 1288813. Participants can also listen to the live webcast from the Investor Relations section of the Viasat website. The call will be archived and available on the site for approximately one month immediately following the conference call. About ViasatViasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are—on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at the Viasat News Room or follow us on LinkedIn, X, Instagram, Facebook, Bluesky, Threads, and YouTube. Copyright © 2025 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners. Viasat, Inc. ContactsScott Goryl, Corporate Communications, PR@ Curran/Peter Lopez, Investor Relations, IR@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Viasat's (VSAT) Inmarsat NexusWave Tops 1,000 Vessel Orders
Viasat, Inc. (NASDAQ:VSAT) is one of the 10 Best Small-Cap Stocks to Buy According to Billionaires. On July 1, Viasat, Inc. (NASDAQ:VSAT) announced that Inmarsat Maritime has received orders for more than 1,000 vessels for NexusWave. This strong performance came after months of rigorous development and testing. In just six months since the service launched, global customers are already adopting NexusWave for their fleets. This shows that the global shipping industry has a strong appetite for a fully managed, high-speed, bonded connectivity service. A telecommunications tower reaching high into the sky, connected to a satellite system. In May 2023, Viasat, Inc. (NASDAQ:VSAT) completed its acquisition of Inmarsat to bring together the teams, technologies, and resources of both companies to form a new global communications partner. Inmarsat's NexusWave combines Global Xpress (GX) Ka-band, low-Earth orbit (LEO), coastal LTE, and resilient L-band services into one fully managed solution. Recent tests have shown that NexusWave can reach download speeds up to 340 Mbps and upload speeds up to 80 Mbps. The network is very reliable as availability on vessels has consistently surpassed 99.9%. Additionally, the quality of video calls is not affected by the availability or performance of any single network. Users also enjoy unlimited data, global coverage, and secure-by-design infrastructure to protect the connections at sea. Viasat, Inc. (NASDAQ:VSAT) is a global communications technology company that provides internet and other communication services to consumers, businesses, governments, and militaries around the world. The company offers important communications solutions that are available on the ground, in the air, at sea, and in space. While we acknowledge the potential of VSAT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Upturn
01-07-2025
- Business
- Business Upturn
Inmarsat NexusWave Exceeds 1,000 Vessel Orders Amid Growing Demand for High-Speed Connectivity
CARLSBAD, Calif., July 01, 2025 (GLOBE NEWSWIRE) — Inmarsat Maritime, a Viasat company, has announced that orders for NexusWave have exceeded 1,000-vessels. Following months of rigorous development and testing, the service has gained incredible momentum in its first six months on the market with global customers adopting NexusWave for their fleets. This milestone underscores the global shipping industry's strong appetite for a fully managed, high-speed, bonded connectivity service that combines the power of multiple networks with the convenience of a single provider. Early adopters such as 'K' Line, Anthony Veder, Mitsui O.S.K. Lines, Solvang, Sallaum Lines, Parlevliet & van der Plas Group and others are already reaping the benefits of transforming their vessels into floating offices and homes. Inmarsat's NexusWave brings together Global Xpress (GX) Ka-band, low-Earth orbit (LEO), coastal LTE, and resilient L-band services into a seamless, fully managed solution. Inmarsat's unique 'network-bonding' technology is designed to allow connected applications to harness the aggregate speed and capacity of all available networks simultaneously rather than relying on one at a time. Recent real-world tests have demonstrated NexusWave's exceptional performance, achieving download speeds of up to 340 megabits per second (Mbps) and upload speeds of up to 80 Mbps. Network availability on vessels has consistently exceeded 99.9%, and video call quality has remained virtually unaffected by the availability or performance of any single network. Inmarsat's solution dynamically adjusts traffic routing to maintain a seamless user experience, even in connectivity hotspots. Users also benefit from unlimited data, global coverage, and secure-by-design infrastructure, providing complete 'connected confidence'. For seafarers onboard it means they can enjoy a wide range of applications, including web browsing, streaming, gaming, video and voice calling, messaging, and social media access, providing a 'home-like' connectivity experience while at sea. Ben Palmer, President, Inmarsat Maritime, said: 'We are incredibly proud to have surpassed the 1,000-vessel mark for NexusWave orders. This achievement is testament to the vision and commitment of everyone involved in the development process. It also reveals a strong appetite among forward-thinking operators for connectivity that provides more than just high speeds and reliability. 'NexusWave offers everything shipowners need to transform their vessels into floating offices and homes – and thereby drive their digitalisation strategies and crew welfare initiatives. It is designed to provide full connected confidence underpinned by global coverage, unlimited data, and enterprise-grade cybersecurity. Crucially, it combines all of the above with the convenience of working with a single, trusted maritime connectivity partner.' About Inmarsat Maritime Inmarsat is a Viasat company and continues to power the digitalisation of the maritime industry. With over 40 years of experience, Inmarsat Maritime offers reliable and innovative solutions that enable ship owners and operators to stay connected, navigate safely, enhance operational efficiency, and ensure crew welfare. Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are – on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at the Viasat News Room or follow us on LinkedIn, X, Instagram, Facebook, Bluesky, Threads and YouTube. Inmarsat Maritime is based in Viasat's global international business headquarters in London, United Kingdom. For further information about Inmarsat Maritime, visit and follow us on LinkedIn. Forward-Looking Statements This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include, among others, statements that refer to the features and benefits of the NexusWave solution. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: our ability to access third-party capacity and services; risks associated with the construction, launch and operation of satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; our ability to realize the anticipated benefits of the ViaSat-3 class satellites and any future satellite we may construct or acquire; unexpected expenses related to our satellite projects; our ability to successfully implement our business plan for our broadband services on our anticipated timeline or at all; capacity constraints in our business in the lead-up to the launch of services on our satellites; our ability to successfully develop, introduce and sell new technologies, products and services; and other factors affecting the maritime sector. In addition, please refer to the risk factors contained in our SEC filings available at including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements for any reason. While the information in this document has been prepared in good faith, no representation, warranty, assurance or undertaking (express or implied) is or will be made, and no responsibility or liability (howsoever arising) is or will be accepted by the Inmarsat group or any of its officers, employees or agents in relation to the adequacy, accuracy, completeness, reasonableness or fitness for purpose of the information in this document. All and any such responsibility and liability is expressly disclaimed and excluded to the maximum extent permitted by applicable law. Coverage as shown on maps is subject to change at any time. Inmarsat is a trademark owned by the International Mobile Satellite Organization, licensed to Inmarsat Global Limited. The Inmarsat logo and all other Inmarsat trademarks in this document are owned by Inmarsat/Viasat group. © Inmarsat Global Limited. All rights reserved. Contact: For media inquiries: [email protected] Lisa Curran/Peter Lopez, Investor Relations, +1 (760) 476-2633, [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
