![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7387V SatCom Group Holdings plc 15 December 2005 Press Release 15 December 2005 SatCom ("SatCom or "the Company"), Result of AGM SatCom Group Holdings plc (AIM: SGH), a reseller of mobile satellite communications, confirms that all the resolutions put to shareholders at the Company's Annual General Meeting held today were duly passed. Speaking at the AGM Mark White, Chief Executive Officer of SatCom said: "Trading in the current year has been in line with expectations, and the acquisition of Horizon Mobile Communications Co., Ltd., which was completed on 30 September 2005, has met one of the Company's strategic objectives of expanding into the commercial shipping market. The acquisition has been earnings enhancing from the outset and has provided SatCom with an immediate Asian infrastructure as well as a number of cross selling opportunities." - 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 Ernst & Young LLP John Stephan, Tel: +44 (0) 207 951 2000 jstephan@uk.ey.com Teather & Greenwood Limited Stephen Austin, Corporate Finance Tel: +44 (0) 207 426 9000 stephen.austin@teathers.com www.teathers.com Media enquiries: Abchurch Heather Salmond / Dana Thomas Tel: +44 (0) 20 7398 7700 Dana.thomas@abchurch-group.com www.abchurch-group.com Notes to Editors SatCom is a global reseller of airtime services and satellite systems hardware (mobile handsets) for major satellite systems operators, including Inmarsat, Thuraya and Iridium. SatCom's key target markets include the US, Europe, Asia and Middle East. SatCom is based in Salisbury in the UK, with further offices in New York, Washington, Hong Kong, Bangkok and Singapore. SatCom has established a robust customer base of over 7,500 active terminals and is able to offer all communication solutions including voice, fax and data. SatCom, through its subsidiary O'Gara Satellite Systems Inc, has also established itself as one of five preferred suppliers to the US Government. Products range from small, handheld phones through to terminals such as the Inmarsat Regional B-GAN, a high speed satellite Internet Protocol modem operating at speeds of more than twice the speed of the GPRS terrestrial system. In addition, SatCom provides airtime services via the three satellite operators to key customers including dealers, commercial companies and Governments. The handsets 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. SatCom has enjoyed strong increases in sales and profitability through organic growth and acquisition. SatCom acquired a US airtime company O'Gara Satellite Systems in 2002, which currently contributes nearly 30% of the Group's turnover. In November 2004 SatCom successfully acquired Northstar Communications, Inc. The Group recently reported an EBITDA of $3.0 million and a profit before tax of US$2.6 million on $47.9 million of revenues for the financial year ended 30 June 2005. On 26 September 2005, SatCom announced the acquisition of Horizon Mobile Communications which has strengthened its position in Asia and allowed it to enter the commercial maritime market for mobile satellite communications. 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 RAGUVASRVRRUAAA
1 Year Satcom Chart |
1 Month Satcom Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions