Speedcast International Ltd (ASX:SDA) is the world's most trusted communications and IT services provider, delivering critical communications solutions to the Maritime, Energy, Mining, Media, Telecom, Cruise, NGO, Government, and Enterprise sectors. With more satellite capacity than any other provider, Speedcast enables faster, seamless pole-to-pole coverage from a global hybrid satellite, fiber, cellular, microwave, MPLS, and IP transport network with direct access to public cloud platforms. The company also integrates differentiated technology offerings that provide smarter ways to communicate and distribute content, manage network and remote operations, protect and secure investments, and improve the crew and guest experience. With a passionate customer focus and a strong safety culture, Speedcast serves more than 3,200 customers in over 140 countries. Learn more at www.speedcast.com.
Speedcast International Ltd
ASX:SDA ISIN:AU000000SDA9
News
Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDQ) announced that, after conducting its plan sponsor selection process, Centerbridge Partners, L.P. has been designated as the Company's Plan Sponsor under its previously announced proposal.
Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDQ) and Inmarsat today announced that they have reached agreement on the sale of Speedcast's primary Fleet Xpress, FleetBroadband and Fleet One service contracts to Inmarsat.
Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDQ) has today announced it has sold selected functions of its wholly-owned subsidiary and dedicated entity, Speedcast Managed Services, to Australian government-owned infrastructure provider, NBN Co.
Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDQ) today announced that it has filed a Plan of Reorganisation and Disclosure Statement outlining the terms for its financial restructuring under chapter 11 of the United States Bankruptcy Code.
Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDQ), announced that the company has filed a motion to replace its debtor-in-possession (DIP) financing in an aggregate amount of US$285 million, to be funded by Centerbridge Partners.
Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF), the world's most trusted satellite services and IT solutions provider, has been awarded a project to provide high-speed internet to 250 sites across rural Colombia.
Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF) today announced that it has received further recapitalisation proposals for the business from two of its largest lenders, Black Diamond Capital Management and Centerbridge Partners.
Speedcast International Ltd (ASX:SDA) Speedcast receives US$395 million equity commitment
Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF) today announced that, after evaluating a variety of options to strengthen its balance sheet in ways that support its long-term growth and success, it has initiated a voluntary financial restructuring under chapter 11 of the United States Bankruptcy Code.
Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF), the world's most trusted provider of remote communication and IT solutions, today announced an extension to its Forbearance Agreement with its lender group to 24 April 2020.
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