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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Satcom Grp | LSE:SGH | London | Ordinary Share | GB00B0D66620 | ORD USD0.10 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0857Y SatCom Group Holdings plc 11 June 2007 Press Release 11 June 2007 SATCOM GROUP HOLDINGS PLC ("Satcom" or "the Company") SatCom appointed as global Distribution Partner for Inmarsat's new satellite phone services SatCom Group Holdings plc (AIM: SGH), a reseller of mobile satellite communications, announces that it has been awarded full Distribution Partner ("DP") status for Inmarsat's forthcoming satellite phone services. SatCom is one of the first companies to be awarded full DP status for these services. Inmarsat's voice services will initially be focussed on the African, Middle Eastern and Asian Markets, with network coverage set to increase to cover the globe by the end of 2008. Satcom currently sells significant volume of voice services through Iridium and Thuraya. Inmarsat's entry into the hand-held voice market follows its collaboration agreement with ACeS, the Asian hand-held satellite services operator. Commenting on the announcement, Mark White, Chief Executive of SatCom Group Holdings plc, said: "This is a significant deal for SatCom and will add to our existing full DP status with Inmarsat for BGAN. Being one of the first companies in the world to gain this prestigious status, we are confident that our unique position in the market will lead to increased sales and further strengthen our market position." - Ends - For further information: SatCom Group Holdings plc Mark White, Chief Executive Officer Tel: +44 (0) 1722 439 206 mark.white@satcomgroup.com www.SatComgroup.com Martin Ward, Chief Financial Officer Tel: +44 (0) 1722 439 201 martin.ward@satcomgroup.com www.SatComgroup.com Teather & Greenwood Limited Gareth Price, Corporate Finance Tel: +44 (0) 207 426 9000 Fred Walsh, Corporate Finance Tel: +44 (0) 207 426 9000 www.teathers.com Media enquiries: Abchurch Chris Lane/ Georgina Bonham Tel: +44 (0) 20 7398 7700 georgina.bonham@abchurch-group.com www.abchurch-group.com Note to Editors SatCom is a global reseller of airtime services and satellite systems hardware (mobile handsets and data terminals) for major satellite systems operators, including Inmarsat, Thuraya and Iridium. SatCom's key target markets include the US, Europe, Asia, Middle East and the maritime community worldwide. SatCom is based in Salisbury in the UK, with further offices in the USA, Dubai and throughout the Asia region. SatCom has established a robust customer base in excess of 20,000 active terminals and is able to offer all communication solutions. Products range from small, handheld phones through to terminals such as the Inmarsat B-GAN, a high speed satellite Internet Protocol modem operating at speeds of up to 432 kbits/s. In addition, SatCom provides airtime services via the three satellite operators to key customers including dealers, commercial companies and Governments. This information is provided by RNS The company news service from the London Stock Exchange END AGRUWUBRBVRNRAR
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