Inmarsat and Turksat sign Memorandum of Understanding
11 December 2015: Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communications services, and Turksat, the Turkish state-owned satellite operator, have signed a Memorandum of Understanding (MoU) to explore opportunities through the formation of a strategic partnership, initially focussed on the defence and aviation sectors.
Under the MoU, Inmarsat would be the preferred mobile satellite communications provider for Turksat. As an existing provider of VSAT services to the Turkish government and commercial sector, the addition of Inmarsat’s portfolio of services will significantly enhance Turksat’s offering. Turksat’s strong links across the Caucuses and Central Asia will enable Inmarsat to increase its penetration in this region of the world.
Rupert Pearce, CEO, Inmarsat said: “This is an excellent opportunity for both companies to explore new opportunities. We value all of our partnerships and hope to develop a long-lasting and mutually beneficial strategic partnership with Turksat in the coming months.”
Ensar GÜL, CEO, Turksat said: “We hope that with this MOU, Turksat and Inmarsat’s partnership programme will develop a long-term fruitful cooperation. The main objective of this partnership is to broaden product and service portfolio of both companies.”
About Inmarsat
Inmarsat plc is the leading provider of global mobile satellite communications services. Since 1979, Inmarsat has been providing reliable voice and high-speed data communications to governments, enterprises and other organizations, with a range of services that can be used on land, at sea or in the air. Inmarsat employs around 1,600 staff in more than 60 locations around the world, with a presence in the major ports and centres of commerce on every continent. Inmarsat is listed on the London Stock Exchange (LSE:ISAT.L). For more information, please visit www.inmarsat.com.
The Inmarsat press release newsfeed and corporate updates are on @InmarsatGlobal.
About Turksat
Turksat is one of the region’s leading communication companies. By providing services through satellites, cable TV and IT infrastructure Turksat is able to provide flexible solutions aimed at customers’ specific needs where no terrestrial infrastructure is available. Turksat’s workforce consist of 1012 devoted employees to bring company up to a next level.
Turksat provides voice, data, internet, TV, and radio broadcasting services through its satellites across a wide area extending from Europe to Asia. Furthermore, Turksat operates a cable TV platform to supply broadcasting services for domestic subscribers. Additionally Turksat develops software solutions and operates the e-Government Portal of Turkey.
