Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communication services, today announced that Frontline, the world leader in the international seaborne transportation of crude oil, has committed to Inmarsat XpressLink for more than 100 vessels from its existing fleet and its planned new builds.
“We evaluated the providers and made a purely commercial decision about XpressLink from Inmarsat,” said Kjell S. Langva of Frontline Management AS. “The choice was made after a year of positive experience with VSAT from Ship Equip.”
“The cost-benefit profile and the unmatched failover capability, which offers unlimited usage on Inmarsat FleetBroadband, was key to the decision. Also Inmarsat’s ability to deliver made up the additional element in making the choice,” he said.
“With XpressLink’s internet and voice services, communications onboard the vessel will be greatly enhanced, supporting operations and improving overall efficiency. It also allows the crew to stay in touch with family and friends, and handle their personal affairs, at a very low cost, which has been an important issue for Frontline,” said Mr Langva.
“We are delighted that Frontline has selected Inmarsat XpressLink against competition with other major communications providers,” said Frank Coles, President, Inmarsat Maritime. “The contract with Frontline is a landmark agreement for XpressLink. This is a significant endorsement by the world leader in crude oil shipping. It confirms that we have a highly-competitive product, offering excellent value for money, and with the right focus on delivering reliable high-speed broadband through a combination of L-band and VSAT services.”
Inmarsat XpressLink meets the increasing need for high-speed global communications today, while building a bridge to better and faster communications in the future. For a fixed low cost, XpressLink provides vessels around the globe with access to both Ku-band VSAT and L-band FleetBroadband services in a bundled package – with a guaranteed free upgrade to the 50Mbps capability of Inmarsat’s Ka-band Global Xpress(TM) when the service becomes operational in 2013.
The installation of XpressLink on Frontline’s vessels will commence immediately and continue throughout 2012.
Inmarsat plc is the leading provider of global mobile satellite communications services. Since 1979, Inmarsat has been providing reliable voice and high-speed data communications to governments, enterprises and other organizations, with a range of services that can be used on land, at sea or in the air. Inmarsat employs around 1,500 staff in more than 40 locations around the world, with a presence in the major ports and centres of commerce on every continent.For the year ended 31st December 2010, Inmarsat plc had total revenue of US$1,171.6 million (2009: US$1,038.1 million) and an EBITDA of US$696.1 million (2009: US$594.2 million). Inmarsat is listed on the London Stock Exchange (LSE:ISAT.L).