Speedcast International Ltd Stock Market Press Releases and Company Profile

New Contract with Mobile Operator Will Benefit Local Populations and Enterprises in the Region

Extends Mobile Services to Remote Locations in Central America
Extends Mobile Services to Remote Locations in Central America

Miami, Florida, Jan 15, 2019 AEST (ABN Newswire) - Speedcast International Limited (googlechartASX:SDA) (googlechartSPPDF:OTCMKTS), the world's most trusted provider of remote communication and IT solutions, today announced it has won a new contract with a subsidiary of one of the largest mobile operators in the Americas to increase mobile coverage in Central America.

Speedcast will use an extensive satellite network to provide cellular backhaul and VPN services for consumers and enterprises in Nicaragua and other countries in Central America. The Speedcast technology will provide the region access to best-in-class services that will enable mobile carriers to expand their 3G and 4G services throughout the region. Carriers will also be able to provide high-speed VPN services for enterprises that want to increase the speed and security of their critical communications and expand into areas that don't have connectivity today.

In regions with very dense vegetation, satellite transport solutions are the best way to reach remote populations to enable people to communicate and break down the digital divide. Speedcast's cellular backhaul solution will also help deliver a premium enterprise service that will spur economic growth in remote areas of Central America.

"We continue to see strong demand for connectivity in emerging markets, and with our satellite services, local carriers in Central America will be able to greatly expand their mobile networks in order to provide services to people and business that aren't connected today or that are not satisfied with their current communications options," said Erwan Emilian, EVP, Enterprise & Emerging Markets at Speedcast. "We look forward to working with this new customer as they shift from a competitor's network to Speedcast. We are proud that they trust Speedcast to provide best-in-class critical communication services that will enable them to grow their business in the region."


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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