0
Video

Inmarsat revenues lift 7.6% in Q4 boosted by Aviation, GX broadband

Thursday 7 March 2019 | 10:03 CET | News
Mobile satellite services provider Inmarsat said revenues for the fourth quarter rose 7.6 percent from the year before to USD 378.7 million. The company said growth was driven by the strength of its global GX broadband offering, particularly in Aviation, Government and Maritime, and by lower indirect costs. By segment, gains at Aviation (+51.8%) and Government (+13.1%) were able to offset losses at Maritime (-6%), Enterprise (-0.8%) and Ligado (-0.8%), which is not considered part of core operations.

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 / Broadcast & Satellite
Companies: Inmarsat
Countries: World
::: add a comment
This article is part of dossier

IoT


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 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 ...

Kepler hires former Inmarsat chief strategy officer McDougal

Published 01 May 2019 10:03 CET | World
Canada-based Kepler Communications hired former chief strategy officer at Inmarsat, Patrick McDougal, as a strategy advisor to ...

ThinKom completes in-flight connectivity trials of ThinAir Ka2517 phased-array antenna

Published 02 Apr 2019 09:52 CET | United States
ThinKom Solutions completed in-flight connectivity trials of its ThinAir Ka2517 phased-array antenna mounted on the Proteus ...

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 ...

Cobham Satcom extends partnership with Inmarsat to provide L-band ground infrastructure components for I-6 satellites

Published 26 Feb 2019 11:53 CET | World
Cobham Satcom announced that it would provide L-band ground infrastructure for Inmarsat's I-6 constellation. Set for first launch ...

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 ...

Inmarsat to provide Garuda Indonesia with GX Aviation inflight broadband

Published 30 Jan 2019 10:47 CET | Indonesia
Mobile satellite communications services provider Inmarsat has won a contract to provide its GX Aviation inflight broadband ...

Inmarsat partner Cobham enters cockpit connectivity contract with Boeing

Published 21 Jan 2019 10:50 CET | World
Inmarsat announced that partner Cobham received a Technical Service Agreement (TSA) from Boeing for linefit certification on ...

Inmarsat's GX Aviation goes live on first Citilink aircraft

Published 17 Jan 2019 14:04 CET | Indonesia
Inmarsat's GX Aviation inflight broadband platform is now available to passengers onboard the first of Indonesian low-cost ...

Inmarsat provides Wi-Fi to Norwegian Air Shuttle for long-haul flights

Published 09 Jan 2019 12:31 CET | Norway
Inmarsat said that it is providing CabinConnect Wi-Fi to Norwegian Air Shuttle passengers via its partner Collins Aerospace. The ...

Avianca offering free Inmarsat in-flight broadband

Published 29 Nov 2018 11:29 CET | Colombia
Inmarsat has announced that Colombia-based airline Avianca is offering its GX Aviation inflight broadband service free of charge ...

Honeywell named reseller Of Inmarsat's GX Aviation in-flight broadband platform

Published 14 Nov 2018 17:15 CET | World
Honeywell Aerospace is entering the airlines cabin services market as a value-added reseller for Inmarsat's GX Aviation in-flight ...

Inmarsat upgrades FY outlook after solid growth in Q3 results

Published 08 Nov 2018 12:16 CET | World
Mobile satellite services provider Inmarsat reported third-quarter revenues up 3.7 percent year-on-year to USD 369.3 million, ...





Calendar   /   Industry Events

20 Feb Axiata Q4 2019
20 Feb Bouygues Q4 2019
20 Feb Starhub Q4 2019
20 Feb Windstream Q4
20 Feb Commscope Q4 2019
20 Feb SBA Communications Q4 2019
20 Feb Interdigital Q4 2019
20 Feb Liberty Latin America Q4 2019
20 Feb Telefonica Q4 2019
20 Feb Fitbit Q4 2019
20 Feb Consolidated Communications Q4 2019
20 Feb Intelsat Q4 2019
20 Feb EchoStar Q4 2019
20 Feb OTE EGM
21 Feb Proximus Q4 2019
21 Feb Vodafone Iceland Q4 2019
21 Feb Digi Communications FY results
21 Feb TDS, US Cellular Q4 2019
21 Feb Megacable Q4 2019
24 Feb Palo Alto Networks fiscal Q2
24 Feb Arlo Q4 2019
25 Feb Infinera Q4 2019
25 Feb Iridium Q4 2019
25 Feb Millicom Q4 2019
25 Feb American Tower Q4 2019
25 Feb Utility Telecoms 2020
26 Feb Box Q4 2019
26 Feb Orbcomm Q4 2019
26 Feb Sina Q4 2019
26 Feb Weibo Q4 2019
::: More Calendar Items