Mobile secure satcom provider Ovzon shows wider 2022 bad-debt loss as customer Gomedia Satcom hits liquidity crisis

by Peter B. de Selding

UPDATE March 30: Ovzon's Italian partner, Gomedia Satcom, refutes Ovzon's version of events regarding the contract the two companies have to serve the Italian Fire and Rescue Service with satellite user terminals and Ovzon-provided capacity. Gomedia's chief executive says the company is profitable and otherwise in good financial shape:

PARIS — Mobile satellite terminal and service provider Ovzon AB is delaying the release of its final 2002 financials and restating its previously released preliminary results following a surprise bad-debt provision after non-payment by a . . .

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