Inmarsat Maritime Ventures signs FleetBroadband sale agreement with SRH Connect

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July 28, 2021

Agreement will see the Greece-based company acquire FleetBroadband contracts purchased by Inmarsat from Speedcast earlier this year

Press Release – Inmarsat Maritime Ventures, a subsidiary of Inmarsat, the world leader in global, mobile satellite communications, has signed an agreement with SRH Connect (SRH) for SRH to acquire Inmarsat’s FleetBroadband customer base in Greece and Cyprus.  The SRH acquisition involves customer contracts purchased by Inmarsat Maritime Ventures from Speedcast at the beginning of this year. SRH already provides customer support for Inmarsat’s Fleet Network Manager portfolio after signing a customer support agreement in March 2021. As part of the sale agreement, SRH will become a formal Inmarsat distribution partner for FleetBroadband and a Value-Added Reseller for Fleet Xpress.  

“Following the rapid and successful migration of the services of all of these customers as part of the agreement with Speedcast and the implementation of a customer support agreement with SRH, we are now delighted to have put in place a formal agreement for the sale of this FleetBroadband customer base to SRH Connect. It remains our preference to entrust the FleetBroadband base generally in the Greek and Cypriot market with partners rather than handling direct, allowing them the opportunity to upsell to Fleet Xpress,” said Ronald Spithout, President, Inmarsat Maritime.

“With this agreement SRH is going back to its roots, connecting the maritime world again. At the same time, this is also the basis for the execution of our vision for the future of shipping. A future where connectivity will be the basis for our suite of digital solutions. Solutions that integrate the entire ship with the business environment on shore.” said John Laderos, Executive Chairman of SRH.

“We are delighted to acquire this valuable fleet and look forward to providing a high-level of account management to this set of unique customers in Greece and Cyprus with the opportunity to upsell to Fleet Xpress.” said Theodoros Nikolopoulos, Chief Executive of SRH.

ABOUT SRH GROUP OF COMPANIES

SRH is a well-established Group in the maritime market delivering electronic products, applications, systems, devices, mechanical equipment, machinery, ship security and detection systems, offering full services on Connectivity, Sales, Technical support and training for Navigation, Radio communication, Automation, Spares, Retrofit, Repairs, Safety, and other marine equipment.

SRH has built a new products and services portal, a technology platform. It’s been designed to provide modular marine solutions that bring together a whole portfolio of synchronized services and products. These include bespoke solutions and innovative technology from the world’s best brands and incorporates Airtime services, Navigation, Data Management, Safety & Emergency, and Servicing.  

SRH is supported by a global network of well-known manufacturers and service suppliers, authorized by all major classifications. By maintaining quality, integrated solutions, reliable products, variety of services, experienced and trained personnel, time-efficiency and competitive prices, SRH holds today a long and growing list of satisfied customers worldwide.

SRH’s core values are based on the commitment to employees through their personal empowerment, the optimum and flawless customer service, developing and maintaining value-added partnerships. Strategic alliances with some of the most important companies in the maritime market and steadily incorporated branches in all over the world will keep SRH committed to staying ahead of the game, acting as a single point of contact and providing a pro – active service to its customers.

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ABOUT INMARSAT

Inmarsat is the world leader in global, mobile satellite communications. It owns and operates the world’s most diverse global portfolio of mobile telecommunications satellite networks, and holds a multi-layered, global spectrum portfolio, covering L-band, Ka-band and S-band, enabling unparalleled breadth and diversity in the solutions it provides. Inmarsat’s long-established global distribution network includes not only the world’s leading channel partners but also its own strong direct retail capabilities, enabling end to end customer service assurance.

The company has an unrivalled track record of operating the world’s most reliable global mobile satellite telecommunications networks, sustaining business and mission critical safety & operational applications for more than 40 years. It is also a major driving force behind technological innovation in mobile satellite communications, sustaining its leadership through a substantial investment and a powerful network of technology and manufacturing partners.

Inmarsat operates across a diversified portfolio of sectors with the financial resources to fund its business strategy and holds leading positions in the Maritime, Government, Aviation and Enterprise satcoms markets, operating consistently as a trusted, responsive and high-quality partner to its customers across the globe.

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