Speedcast International Ltd Stock Market Press Releases and Company Profile

Speedcast awarded long-term multi-million dollar contracts for technology and network enhancements to its fully-managed services around the world

Speedcast Expands Service Around the Globe for Schlumberger
Speedcast Expands Service Around the Globe for Schlumberger

London, Nov 13, 2018 AEST (ABN Newswire) - Speedcast International Limited (googlechartASX:SDA) (googlechart7SC:FRA) (googlechartSPPDF:OTCMKTS), the world's most trusted provider of remote communication and IT solutions, today announced that the company has been awarded multi-year contracts in multiple countries to enhance existing global services for Schlumberger, the world's leading oilfield services provider.

The newest improvements include equipment and network upgrades leveraging the latest in modem and terminal technologies in countries such as Pakistan, China, Australia and New Zealand, adding to an extensive list of global network enhancements awarded earlier in 2018 by this customer. Technology upgrades for sites in Latin America as well as secure network upgrades and new services commissioned in the Gulf of Mexico, Southeast Asia, Europe, Middle East and Sub-Saharan Africa further demonstrate the strength of the global partnership between the two companies, which have been working together for over 10 years in the most challenging remote and harsh environments.

"We take great pride in consistently offering enhancements and expansions to the services we provide for Schlumberger," says Keith Johnson, Speedcast's EVP of Energy. "We strive to keep all of our customers at the cutting-edge of available technologies and services that improve and simplify their critical operations in remote environments anywhere in the world. We are delighted that Schlumberger leverages our scale to maximize their operational efficiencies across the globe for a wide variety of connectivity solutions, from equipment rentals to secure, fully-managed networks."

Speedcast holds a leadership position as the largest, most trusted communications and IT solutions provider for the Energy market with more than 30 years' experience serving customers both onshore and offshore. Speedcast leverages the most robust global network in the mobile satellite industry to develop solutions for critical applications anywhere in the world. The company's extensive infrastructure promotes flexibility and operational efficiency, allowing customers to scale their networks to current requirements and business needs while receiving world-class 24/7 support.


About Speedcast International Ltd

Speedcast InternationalSpeedcast 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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Contact

Toni Lee Rudnicki
Vice President, Global Marketing
Speedcast International Ltd
E: tonilee.rudnicki@speedcast.com
T: +1-832-668-2634



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