Stock Market News
Inmarsat creates alliance with Cisco
08-10-2012 13:22
| Add To Google +1 | Tweet |
Satellite communications services firm Inmarsat and US networking company Cisco have formed a long-term alliance that will enable Inmarsat to deliver advanced services over its new high-throughput satellite broadband network, Global Xpress (GX).
The services will range from applications to business collaboration and video to multimedia content.
Cisco will provide Inmarsat with a satellite applications service delivery platform and a high performance access network for Inmarsat's Global Xpress programme, the first global Ka-band (the satellite transmission frequency) network with mobile connectivity. Cisco will also develop a router for satellite network end-users that will use not only the Inmarsat GX capabilities, but also the current BGAN global network.
Cisco will build and operate the network on a fully managed basis before transferring it to Inmarsat.
Rupert Pearce, Chief Executive Officer of Inmarsat, said: "Through these agreements with Cisco we are providing world-class infrastructure as a platform for our partners and us to offer services beyond pure satellite connectivity and this is a key aspect of our strategy for the future."
The service delivery platform is scheduled for service introduction in 2014.
The announcement of the collaboration with Cisco followed hot on the heels of a hook-up with US technology firm Honeywell; the two are to jointly provide business aviation satellite services via Inmarsat's Global Xpress satellite system.
Inmarsat's share price fell 1.11% to 581.50p by 15:01.
NR
The services will range from applications to business collaboration and video to multimedia content.
Cisco will provide Inmarsat with a satellite applications service delivery platform and a high performance access network for Inmarsat's Global Xpress programme, the first global Ka-band (the satellite transmission frequency) network with mobile connectivity. Cisco will also develop a router for satellite network end-users that will use not only the Inmarsat GX capabilities, but also the current BGAN global network.
Cisco will build and operate the network on a fully managed basis before transferring it to Inmarsat.
Rupert Pearce, Chief Executive Officer of Inmarsat, said: "Through these agreements with Cisco we are providing world-class infrastructure as a platform for our partners and us to offer services beyond pure satellite connectivity and this is a key aspect of our strategy for the future."
The service delivery platform is scheduled for service introduction in 2014.
The announcement of the collaboration with Cisco followed hot on the heels of a hook-up with US technology firm Honeywell; the two are to jointly provide business aviation satellite services via Inmarsat's Global Xpress satellite system.
Inmarsat's share price fell 1.11% to 581.50p by 15:01.
NR
| Related share prices |
|---|
| Inmarsat (ISAT) share price |
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce
- Banco Santander price
- Direct Line
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers
- Telecom plus
- Kier share price
- Punch taverns
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price


Prices

