Inmarsat Share Discussion Threads

[ricki] 01/8/2005 12:14

Nice article, seems prospects for the future are good. Although strong resistance at 330 on the share price

[m.t.glass] 01/8/2005 11:26

target now stated:


Lehman Initiates Inmarsat At Overweight

Monday, August 01, 2005 3:22:02 AM ET
Dow Jones Newswires

0710 GMT [Dow Jones] Lehman Brothers initiates Inmarsat (ISAT.LN) with an overweight rating and price target of 365p. "In our view, Inmarsat is uniquely positioned within an attractive industry," the bank says. Expects launch of mobile broadband satellite services to lead to acceleration in revenue growth, and combined with a largely fixed cost base and capex peaking in 2005, result in even greater EBITDA and FCF growth. Shares +0.6% at 327.25p. (SMT)


Meanwhile....

Nera: Expectations to Broadband Satellite in Russia Backed Up by Large Terminal Order

OSLO, Norway and MOSCOW, Aug. 1, 2005 (PRIMEZONE) -- The MVS Group has ordered 1,000 broadband satellite terminals for Inmarsat's new BGAN service, with a significant proportion of the terminals going to Russia. The order was placed with Nera SatCom, a wholly-owned subsidiary of Nera (Other OTC:NERAF).

The contract between the MVS Group and Nera represents the first order of terminals for Inmarsat's Broadband Global Area Network (BGAN) service into Russia. Scheduled for availability in the fourth quarter, BGAN will become the first mobile satellite communications service providing broadband access to voice and data simultaneously.

"We see a large market potential for the world's first mobile broadband satellite communications service in Russia," comments Mr. Peter Liberi, Vice President of MVS Group. He continues, "The extremely compact design of Nera's terminal contributes to making BGAN a very compelling proposition."

Half the size of a laptop computer and weighing less than 1 kg, the Nera WorldPro 1000 is the smallest broadband satellite communications terminal on the market. Designed specifially to be easy to carry and easy to use, the terminal is targeted at users in the military, aid and media sectors who need instant access to broadband communications in areas with poor terrestrial communications infrastructure. The Nera WorldPro 1000 will enable customers of the MVS Group to connect to the BGAN service at speeds of up to 384 kbps from 85% of the world's land mass.

The MVS Group's order is yet another significant contract for the Nera WorldPro 1000, which was launched only two months ago. "The strong demand for Nera's terminal several months before the launch of the BGAN service is very encouraging," observes Mr. Stig-Are Mogstad, President of Nera SatCom.

The 1,000 units will be delivered together with Nera's new ISDN handset, which enables users to take advantage of BGAN's enhanced voice codec and also to configure the terminal directly from the handset, as well as send text messages (SMS) over the BGAN service. Important for the target segments of the MVS Group, the handset will provide Russian language support.

A large proportion of the order is already committed to the Russian market. The remaining terminals will be delivered through the MVS global distribution network and the MVS Group's online shop for easy order and worldwide distribution.

Delivery is planned to start in November this year.

[martingb] 01/8/2005 08:57

Lehman Bros now have ISAT as overweight. No price target yet.

[trexpert] 29/7/2005 17:29

Interims 23 August see RNS today.

[whipround] 29/7/2005 16:35

Re post 109 - Thank you Simon. Sorry I can't make the presentation, away on holiday.

[m.t.glass] 28/7/2005 16:24

Some related stories:


July 28, 2005 03:02 AM US Eastern Timezone

GMPCS Places First Order of Personal Broadband Satellite Terminals for Inmarsat Broadband Global Area Network (BGAN) Service


Also:

SeaWave LLC has completed an agreement with Maritrans, Inc to outfit its fleet of fifteen vessels with the SeaWave Integrator F55T solution featuring the Remote Management Suite. The Integrator F55T provides automatic least cost routing via Inmarsat satellite ISDN, MPDS, GSM, Iridium voice and fax

[martingb] 28/7/2005 16:16

At last a broker recommendation! Canaccord Capital Corp has a buy rating with a 375p target. Found this on Bloomberg under the ANR function.

[whipround] 26/7/2005 16:16

Anyone know when the interims are out? Q1 results seem to have been around for some time.

[pawsnjaws] 26/7/2005 07:53

And..
Thank you for your patient posting, many of these articles I would not read if they were not here.

[m.t.glass] 25/7/2005 15:02

Satellites widen safety net

By Brendan Gallagher
25 July 2005
Janes Airport Review

With the news of Inmarsat's last step on the road to commercialisation still fresh, delegates to June's Aeronautical Conference in Montreal heard that the company remains committed to providing the air traffic communications services currently carried by its satellites to the standards set by the International Civil Aviation Organisation (ICAO).

Recent infrastructure developments include the launch of the first of the new Inmarsat-4 satellites in March 2005 and the transition of Indian Ocean region services to it at the end of May 2005. The other two Inmarsat-4 are due to be launched between now and the end of 2006. They are designed to support today's Inmarsat Classic voice and low-rate data services - the Swift64, a 64 kbit/sec data service, and the 432 kbit/sec SwiftBroadband, scheduled for introduction by the end of 2006. SwiftBroadband's potential as a bearer for safety services is the subject of the NexSAT study launched by Eurocontrol in conjunction with the FAA and ICAO early in 2004. British technology company QinetiQ, supported by Inmarsat, SITA, Thales Avionics in the UK and EADS Astrium, was contracted to carry out the study in the third quarter of 2004. The work, due to be delivered in 2006, is intended to help Eurocontrol and the FAA understand the technical and cost implications of using SwiftBroadband for air traffic.

"We're just beginning to recognise the potential of the Inmarsat-4s for safety services," says conference delegate Jim Nagle, chief of the Communications, Navigation and Surveillance (CNS) section in ICAO's Air Navigation Bureau.

250 of 972 words

[End of non-subscriber extract.]

[andrbea] 22/7/2005 10:45

further to post 104

more info about the galileo project:

"A further €1 billion has been set aside to spend on developing the "eye in the sky" between 2007 and 2010.

The rest of the cash will be put forward by a consortium of private companies including Inmarsat, the satellite group. Their funding is in place and ready once the contract is signed within the next 12 months. Many of the consumer benefits will be essentially free. The project founders claim that they will claw back the huge cost of the project by charging companies and government departments for services.

The European Union maintains that Galileo has "unquestionable economic viability" and suggests that the market for its services could be worth more than €200 billion by 2020. This assumption is based on a report the EU commissioned from PricewaterhouseCoopers in December 2001.

The final system should be fully functional by 2009/10."

[martingb] 20/7/2005 11:21

GS recently increased their stake to 4.24%.
Still plenty of upside in this one.

[whipround] 18/7/2005 10:38

Charles Stanley rate the share as accumulate, "Inmarsat is part of the group which has won from the EU the contract to develop the Galileo satellite navigation system and so end relianceon the US global positioning system.... at 315p ...yield 4.3%...could make further progress".

[shirishg] 16/7/2005 15:23

Post removed by ADVFN

[andrbea] 15/7/2005 14:56

4 hours ago:

"With SMSCrewMail as part of StratosOne and StratosNet, crewmembers can send and receive SMS and text e-mail messages using most Inmarsat satellite platforms, including Inmarsat-A/-B/-M/mini-M/R-BGAN/GAN and Fleet, as well as Iridium and Marinesat/Landsat. "

[andrbea] 15/7/2005 12:05

the information hardware sector is stirring
good for inmarsat, methinks, long-term :

"NEW YORK - On Tuesday, shares of Alcatel rose nearly 10% after the French telecom equipment maker said second-quarter earnings would be better than expected due to higher-than-expected revenues across most of its business lines. The news could prove to be a harbinger for two smaller communications equipment companiesthat have relationships with Alcatel: Redback Networks and Powerwave Technologies. "

[whipround] 15/7/2005 11:57

Another painfully slow morning. 40,000 share traded in first 4 hours.

[andrbea] 15/7/2005 11:42

further to post 98

[andrbea] 15/7/2005 10:20

good article about a possible new market in the skies



"IDC analyst Shiv Bakhshi thinks many passengers would welcome such services for voice calls, while switching over to in-flight Wi-Fi services when they want high-speed data."

[andrbea] 15/7/2005 07:44

re post 95

it got better later on

a trio of trades (all buys most probably?), each for 1M in vol
timed 18.38 at 335p
18.31 at 335.62
18.16 at 335

so 3M in shares = 10.05M quid..

[whipround] 14/7/2005 17:56

Be nice if it opened at 340 and went north.

[andrbea] 14/7/2005 16:55

this one often has 'fireworks after the bell'
corus is another share that does that

isat
16.38 hrs
trade 650000 at 335.25p (flagged as a buy)

a cool 2.177 M pounds...

[m.t.glass] 14/7/2005 16:38

ISAT in backwardation at close 345-335 ?

[whipround] 14/7/2005 16:30

Hope you're right, Google currently on 45 times next years prospective earnings.

[cmillar] 14/7/2005 16:19

Not sure why they should have...so No - don't think they will!