PARIS — Maritime satellite-connectivity and content provider KVH Industries on May 4 said its satellite “connectivity as a service” subscription package had resulted in record bookings that had not yet translated the into reported subscription revenue.
The company said that despite lack of demonstrable revenue impact, KVH’s product and service offerings are winning over market share. Competitor Inmarsat, while not mentioning KVH by name, appeared to agree.
There are three issues for KVH. The first is that the KVH AgilePlans package, in which hardware, installation and user charges . . .
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