Wins New Contract in the Middle East from Major Oilfield Service Provider
Dubai, May 20, 2016 AEST (ABN Newswire) - SpeedCast International Limited (
ASX:SDA), a leading global satellite communications and network service provider, today announced that it has been awarded a contract to provide one of the most prestigious global oilfield service companies in the world ('Customer') with a fully managed network service for ten sites in the UAE and Oman, as an expansion to current services in other regions.
Keith Johnson, Senior Vice President & General Manager - Energy, SpeedCast, says, "Managed services create significant value for our customers as SpeedCast delivers an end-to-end service managing and controlling all aspects of the network as well as the complexity of the local licensing and regulatory requirements. That way, we ensure networks are delivered on-time and on-budget, comply with local laws, and meet the most demanding operational standards. With a managed service agreement, we can react quickly to new requirements and provide service to new sites in a seamless manner."
"This win demonstrates our ability to achieve revenue synergies as a result of our recent acquisitions", Pierre Jean Beylier, CEO of SpeedCast, comments. "We have been serving the Customer through different entities in different regions and we are now growing as a more significant global partner for them. Our recent acquisitions position us well to expand our services to regions where we have not had a strong presence historically. The Middle East is a good example of that with our expanded Dubai office and our office in Iraq. Our unique global infrastructure and service network are positioning us well to service energy customers wherever they are."
About Speedcast International Ltd
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.
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