Mobile satellite services provider Inmarsat’s maritime, aeronautical businesses took predictable hits in 2020

by Peter B. de Selding

PARIS — Mobile satellite services provider Inmarsat revenue dropped by 7.9% in 2020 compared to the previous year as the company’s maritime and aviation businesses both suffered from Covid-related shutdowns, Inmarsat said.

Among the few bright spots for the year was London-based Inmarsat’s U.S. government business, which was up 10.1% from the sale of both narrowband L-band and broadband Ka-band services from Inmarsat’s fleet.

Outside the United States, Inmarsat’s government revenue dropped 5# on lower hardware sales and reduced . . .

To view the entire article, become a subscriber!

You may also like