PARIS — Koreas’s KT Sat is targeting maritime VSAT as a major market opportunity in East Asia and on Aug. 30 secured a foothold with Hun’s Corp., which will be KT Sat’s maritime services distributor in Japan.
KT Sat said it will attempt to unseat Japanese telco KDDI and several well-established satellite maritime service providers by offering lower prices. The company is targeting annual revenue of $27 million from 300 ships in 2021.
Service on an undisclosed number of Hun's Corp. ships — the company’s . . .
To view the entire article, become a subscriber!
