Finance

Maritime satellite communications provider Global Technology has re-branded to H2O Satellite, the company announced.     A partner of Inmarsat, H2O Satellite offers several transmission packages on a variety of platforms, including Inmarsat, Iridium and other VSAT services, as well as GSM, broadband and ISDN.     The company said it is poised to enter a significant...

SES World Skies has signed a multi-year, multi-million dollar capacity deal with Solomon Telekom, to extend its broadband services across the Solomon Islands, SES World Skies announced Nov. 4.     SES World Skies will provide half a transponder on its NSS-9 satellite to enable Solomon Telekom to increase Internet and wireless access throughout the Melanesian...

Machine-to-machine (M2M) products and services provider Numerex Corp. has repaid all but $500 thousand of its remaining $2 million of long-term structured debt, the company announced Nov. 4.     Part of the transaction included a conversion of $1.047 million of its debt into an aggregate of 225,296 shares of class A common stock.     "This...

Iridium Communications appointed U.S. Army Brig. Gen. Peter Dawkins (Ret.) to its board of directors, the company announced.     Dawkins, who is a founder and principal of ShiningStar Capital, previously servced as vice chairman of global wealth management for Citigroup, vice chairman of the Citigroup Private Bank and executive vice president and vice chairman of...

U.S. telecommunications and network solutions provider Broadpoint signed a contract extension to deploy additional voice, fax and Internet connectivity sites for Northstar Interests, an exploration and production company based in the Gulf of Mexico, Broadpoint announced Oct. 20.     Broadpoint will provide the additional services to Northstar’s newly acquired offshore platforms, in addition to those...

World-Link Communications has launched ShipSat, a broadband IP service that integrates Ku-band VSAT and L-band services for the maritime market, World-Link announced.      ShipSat aims to deliver global IP access, least-cost-routing and switching capabilities among Inmarsat FleetBroadband, Iridium OpenPort, Ku VSAT and other wireless broadband technologies, including OpenPort, 3G, Wi-Fi and WiMax, for a monthly...

I was surprised to hear critical sentiments against satellite connectivity solutions from panelists at the opening session of the Offshore Communications show, especially since the panelists reached consensus that the biggest challenge facing offshore oil and gas companies, when it comes to broadband connectivity, is affordability. This conversation confused me a bit and raises some...

The mass-consumer cellular markets may be familiar with industry products such as the Apple iPhone and the BlackBerry, but AT&T, one of the largest cellular services in the United States, has partnered with satellite company TerreStar for a different reason — to bring a consumer-friendly cellular handset to the public sector, government, emergency services and...

Telecommunications experts and executives from offshore exploration and energy companies were highly critical of the affordability and performance satellite-based solutions during the Offshore Communications trade show opening panel session, "What’s Here and What’s Next?"     Don Happel, Telecoms Technical Authority for EP Americas and IT specialist for Shell, told audience members that finding a cost-effective solution...

KVH has launched a 505 Emergency Calling over Inmarsat FleedBroadband, a new safety service for mariners that enables ship personnel to send out an S.O.S. distress signal by dialing ‘505’ on their TracPhone units, KVH announced.     The 24-hour, free-of-charge service launched Oct. 1. Calls received by the service will be routed directly to U.S....