Inmarsat Q3 revenue, EBITDA up on Aviation, Government increases; capex falling with satellite delivery delays

by Peter B. de Selding

PARIS — Mobile satellite services provider Inmarsat reported a 7% increase in revenue and a 17% boost in EBITDA for the three months ending Sept. 30 compared to the same period a year ago, with its Government division returning to growth and its Aviation business showing continued recovery from the pandemic.

Inmarsat’s Maritime division reported revenue growth, a trend that began in early 2021.

2022 capex: From $550 million, to $400 million, to less than $350 million

London-based Inmarsat said . . .

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