0
Video

Inmarsat picks Airbus to deliver Global Xpress satellite network

Thursday 30 May 2019 | 09:28 CET | News
Inmarsat announced that Airbus Defence & Space (Airbus) was selected as its satellite manufacturing partner as part of a development of its Global Xpress (GX) network. Under the terms of the contract, Airbus will manufacture three next-generation GX satellites (GX7, 8 & 9), with the first scheduled to launch in H1 2023. The level of capital expenditure under this programme is in line with that provided for in Inmarsat's long term planning. As such, there is no change to the company's overall capex guidance on the back of the announcement.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Airbus / Inmarsat
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Inmarsat revenues down 11% in Q3, underlying EBITDA stable

Published 20 Nov 2019 09:47 CET | World
Inmarsat reported third-quarter revenues down 11.4 percent to USD 327.3 million, driven by reduced revenue from Ligado and legacy ...

Inmarsat improves profits in Q2 as underlying revenues dip 1% lower

Published 01 Aug 2019 11:23 CET | World
Satellite operator Inmarsat reported an improvement in second-quarter results, helped by growing revenues from its Global Xpress ...

Inmarsat to introduce two satellite payloads dedicated to Arctic region

Published 03 Jul 2019 17:59 CET | World
Inmarsat said it will introduce two new satellite payloads dedicated to the Arctic region in a partnership with Space Norway and ...

Iridium releases terminal for GMDSS services

Published 04 Jun 2019 09:52 CET | World
Iridium Communications and partner Lars Thrane unveiled the Lars Thrane (LT) 3100S terminal designed to operate on the Iridium ...

Inmarsat Q1 revenues up slightly, profits hit by debt charge, takeover costs

Published 01 May 2019 11:08 CET | World
Satellite operator Inmarsat reported first-quarter revenues up 0.4 percent to USD 346.9 million, as its expansion in aviation ...

Inmarsat accepts USD 3.4 billion takeover bid from consortium of private equity funds

Published 25 Mar 2019 11:48 CET | World
Inmarsat has accepted the takeover bid of Triton, a consortium of private equity and investment funds. The offer values Inmarsat ...

Inmarsat receives new takeover offer from private equity funds

Published 20 Mar 2019 08:43 CET | World
Inmarsat announced it's received another takeover bid, from a group of private equity and investment funds. The offer of USD 7.21 ...

Inmarsat, Microsoft Azure IoT join forces to provide cloud services via satellite

Published 25 Feb 2019 16:01 CET | World
Inmarsat entered into a collaboration agreement with Microsoft, which will enable Inmarsat's customers to transfer data collected ...