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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:2843K SatCom Group Holdings plc 19 December 2007 Press Release 19 December 2007 SatCom Group Holdings plc ("SatCom" or "the Group") Result of AGM Trading Update SatCom Group Holdings plc, a reseller of mobile satellite communications, announces that at the Group's Annual General Meeting held today, at Shoosmiths, Apex Plaza, Reading, all resolutions put to shareholders by the Board were duly passed. The Group announces that trading for the year to date is in line with market expectations. The Group will report its interim results for the six months ending 31 December 2007 in March 2008. - 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 Landsbanki Securities (UK) Limited Gareth Price / Fred Walsh Tel: +44 (0) 207 426 9000 Fred.Walsh@landsbanki.com www.landsbanki.com Media enquiries: Abchurch Chris Lane / George Parker Tel: +44 (0) 20 7398 7700 George.parker@abchurch-group.com www.abchurch-group.com Notes 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 15,000 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. The user terminals are used with a SIM card that is registered by the end user at www.simreg.com. This website is proprietary to SatCom, allowing SatCom to register terminals and for customers to purchase prepaid airtime online. Iridium is the only operator to offer a fully global, mobile satellite system, providing voice and data solutions via a network of 66 low earth orbit ("LEO") satellites built by Boeing. The Iridium service is delivered to and from remote areas so is ideally suited for industrial applications such as heavy construction, defence, maritime, oil and gas and aviation. Thuraya offers cost effective satellite services to nearly one third of the globe. Thuraya's satellite operations cover Europe, the Middle East, North Africa and the Indian subcontinent and operate via a geo-stationary satellite system. The Thuraya system includes a second satellite launched in early 2003 and a third satellite is planned in order to expand system capacity even further. Inmarsat was the world's first global mobile satellite communications operator and is still the only one to offer a mature range of modern communications services to maritime, land-mobile, aeronautical and other users. It operates a constellation of geo-stationary satellites designed to extend phone, fax and data communications all over the world. This information is provided by RNS The company news service from the London Stock Exchange END RAGBDBDDLDBGGRC
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