Speedcast International Limited (ASX:SDA) (Speedcast) refers to the speculative media article in The Australian dated 8 September 2017 in relation to Speedcast retaining advisers to identify potential buyers for the business.

Speedcast is not actively seeking buyers for the business and is focussed on continuing the demonstrated strong operating performance across each of its key divisions. The company does from time to time receive approaches from third parties who seek to explore potential opportunities that may lead to the creation of shareholder value.

Speedcast will keep the market informed as required.


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.

     

Contact

Ian Baldwin
CFO
Speedcast International Ltd
E: ian.baldwin@speedcast.com
T: +61-432-680-746



Link: SpeedCast response to media article


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