& cplSiteName &

SSW Brokers New Satellite Capacity Deal, Acquires French Service Provider

Light Reading
News Wire Feed
Light Reading
1/11/2017
50%
50%

BICESTER, UK -- Satellite Solutions Worldwide Group plc (AIM: SAT), the global communications company specialising in rural and last mile broadband, has agreed a new commercial contract with one of its key suppliers of satellite capacity, SES Techcom Services (“SES”). The contract means improved commercial terms on existing business, plus new satellite broadband capacity to support SSW’s strong ongoing sales in its primary European markets.

The new contract for Virtual Network Operator (“VNO”) capacity, equivalent to approximately 5,000 typical customers, ensures continuity of supply into early 2019 in the UK and French markets, allowing SSW to continue developing new, faster products for the business to Consumer (“B2C”) market. Part of the capacity is also ring-fenced for bespoke connectivity solutions into the Business to Business (“B2B”) and enterprise markets.

SSW has also acquired, for approximately £870,000, the customers and related assets, including equipment inventory and the supplier agreement with SES of Auvea Ingenierie (“Viveole”), a provider of satellite broadband services in France, with approximately 1,900 residential and business customers. The Viveole business was approximately breakeven in its year to 31 March 2016. This is the completion of the second of two acquisitions funded by a £2m Business Growth Fund loan note announced on 25 April 2016. All Viveole’s customers are on SES satellite services.

The acquisition of Viveole strengthens SSW’s position as the second largest satellite broadband provider in France with more than 12,500 subscribers, providing a strong base to target a market of nearly 1 million homes in France which have less than 2 Mbps broadband coverage.

Satellite Solutions Worldwide Ltd.

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
From The Founder
Light Reading founder Steve Saunders grills Cisco's Roland Acra on how he's bringing automation to life inside the data center.
Flash Poll
Upcoming Live Events
February 26-28, 2018, Santa Clara Convention Center, CA
March 20-22, 2018, Denver Marriott Tech Center
April 4, 2018, The Westin Dallas Downtown, Dallas
May 14-17, 2018, Austin Convention Center
All Upcoming Live Events
Infographics
SmartNICs aren't just about achieving scale. They also have a major impact in reducing CAPEX and OPEX requirements.
Hot Topics
Project AirGig Goes Down to Georgia
Dan Jones, Mobile Editor, 12/13/2017
Here's Pai in Your Eye
Alan Breznick, Cable/Video Practice Leader, Light Reading, 12/11/2017
Verizon's New Fios TV Is No More
Mari Silbey, Senior Editor, Cable/Video, 12/12/2017
Ericsson & Samsung to Supply Verizon With Fixed 5G Gear
Dan Jones, Mobile Editor, 12/11/2017
Juniper Turns Contrail Into a Platform for Multicloud
Craig Matsumoto, Editor-in-Chief, Light Reading, 12/12/2017
Animals with Phones
Don't Fall Asleep on the Job! Click Here
Live Digital Audio

Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.

Like Us on Facebook
Twitter Feed