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Globalsat acquires stake in Peruvian VSAT specialist ST2

Friday 26 January 2018 | 09:42 CET | News
Globalsat, a provider of mobile satellite services in the Americas, has announced the acquisition of a majority stake in Peruvian connectivity provider ST2 for an undisclosed amount. Under the terms of the deal, the Peruvian company will continue to use ST2 as its brand name and will add the complete Globalsat Group satellite services lineup to its portfolio of solutions for the Peruvian B2B market, while Globalsat Peru will be the brand for the group's B2C local presence.

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Categories: Broadcast & Satellite
Companies: GlobalSat
Countries: Peru
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