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Speedcast exits bankruptcy with new funding, CEO

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1/25/2021
SYDNEY Speedcast International Limited (together with its subsidiaries, Speedcast or the Company ) today announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed Speedcast International Limited and certain of its affiliates Plan of Reorganization (the Plan ). The confirmation definitively clears the path for the Company to successfully complete the Chapter 11 process after receiving final regulatory approvals and satisfying customary closing conditions, which is expected by the end of the first quarter of 2021. The Company is poised to emerge with a significantly strengthened balance sheet and the support of Centerbridge Partners, L.P. and its affiliates as its new owner. ....

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Commercial Satellite Broadband Market by Type, Applications, Growth Drivers, COVID-19 Impact Analysis, Revenue, Trends, Demand and Global Forecast to 2023

Commercial Satellite Broadband Market by Type, Applications, Growth Drivers, COVID-19 Impact Analysis, Revenue, Trends, Demand and Global Forecast to 2023
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Outlook on the Maritime Satellite Communication Global Market to 2027 - Impact of COVID-19 on the Market

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According to this report, the Global Maritime Satellite Communication market accounted for $2.19 billion in 2019 and is expected to reach $4.31 billion by 2027 growing at a CAGR of 8.8% during the forecast period. Increasing demand for broadband connections and VSAT connectivity, and high-throughput satellites to unlock cloud and IoT services are the major factors propelling market growth. However, lack of awareness about advanced maritime satellite services is hampering market growth.
Satellite communication technologies help to track the ships and cargo through the globe. VSAT terminals are communication terminals that allow transmitting and receiving text, audio, and video data using satellite broadband Internet services. These terminals operate as geostationary satellites on Ku, Ka, and C bands ....

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Oilfield Communications Market : In-Depth Industry Analysis on Size, Cost Structure and Prominent Key Players Analysis

Oilfield Communications Market : In-Depth Industry Analysis on Size, Cost Structure and Prominent Key Players Analysis
marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.

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Commercial Satellite Broadband Market Share, Size 2021: Industry Analysis, Size, Share, Growth, Trends, and Forecasts -2023

Commercial Satellite Broadband Market Share, Size 2021: Industry Analysis, Size, Share, Growth, Trends, and Forecasts -2023
marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.

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