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Inmarsat plc (ISAT)     

hlyeo98 - 28 May 2011 17:55

Chart.aspx?Provider=EODIntra&Code=ISAT&S

Galvan rated ISAT a buy at 695p on 11/2/2011 when Harbinger Capital Partners sold its remaining 14% stake in Inmarsat.

HARRYCAT - 07 Nov 2013 08:05 - 33 of 112

Inmarsat plc Interim Management Statement
London, UK: 7 November 2013. Inmarsat plc (LSE: ISAT.L) today provided the following information for the three months ended 30 September 2013.

Inmarsat plc - Highlights

· Total revenues $306.9m (2012: $325.9m)
· Total active terminals up 8%
· Solid MSS subscriber growth
· Strong growth in XpressLink, major contract win in October
· Global Xpress first launch scheduled for December
· Fourth Inmarsat-5 satellite ordered
· Strategic partnership with ORBCOMM

Inmarsat Group Limited - Third Quarter Highlights

· Inmarsat Global MSS revenues $187.6m up 0.5% (2012: $186.7m)
· Inmarsat Solutions revenues $188.3m (2012: $205.9m)
· Total EBITDA $168.7m up 3.6% (2012: $162.8m)

Rupert Pearce, Inmarsat's Chief Executive Officer, said, "The third quarter results continue to show that we are on target to achieve our objectives for the full year. Our MSS subscriber growth remains solid and we had a record quarter for our maritime XpressLink service, demonstrating the growing market interest and potential demand for GX.

With the first GX satellite launch now a matter of weeks away, we are turning our attention to 2014 which will be a year of transition. While GX revenues will begin late in the year, due in part to a later than planned first launch, much of the cost necessary to support GX will come on line as planned. In addition, while we have tightly controlled costs in 2013, we have added cost investment in L-band growth opportunities and this will continue. In 2014, this operating cost investment will coincide with a very difficult outlook for our US government business, particularly in our Inmarsat Solutions business, which we now expect to be even more pronounced in 2014.

The timing of these factors will naturally combine to apply some downward pressure on operating profits during the year 2014, but we remain confident in the outlook for GX and we reiterate our target of 8%-12% compound annual MSS revenue growth over the 2014 to 2016 period."

HARRYCAT - 17 Dec 2013 07:48 - 34 of 112

StockMarketWire.com
Global mobile satellite communications services provider Inmarsat has acquired the business and substantially all of the assets of Globe Wireless LLC.

Headquartered in Palm Bay, Florida, Globe Wireless is a leading provider of value-added maritime communications services to the shipping market.

Chief executive Rupert Pearce said: "This is a highly compelling transaction for Inmarsat."

HARRYCAT - 03 Feb 2014 09:39 - 35 of 112

3 February 2014 - Inmarsat (LSE:ISAT.L) today confirmed that, following regulatory and other approvals, it has now completed the sale of its retail energy operations to RigNet, Inc. (NASDAQ: RNET), a leading global provider of managed remote communications solutions to the oil and gas industry. The sale is part of a wide-ranging strategic transaction between the two companies, which also includes the appointment of RigNet as a Value Added Reseller (VAR) for Inmarsat's game-changing Global Xpress® service and as a Distribution Partner for Inmarsat's award-winning L-band services to the energy sector.

Under the deal, Inmarsat sold to RigNet substantially all of its retail energy broadband assets, which include Inmarsat's microwave and WiMAX networks in the US Gulf of Mexico, its VSAT interests in the UK, the US and Canada, its telecommunications systems integration business operating worldwide, and its retail L-band energy satcoms business. In 2012, the operations subject to the sale had total revenues of US$68 million. The transaction excludes Inmarsat's energy interests in Russia.

HARRYCAT - 14 Feb 2014 14:38 - 36 of 112

Date for release of preliminary full year 2013 results
Inmarsat plc announces that it will report consolidated Preliminary Full Year 2013 Results on Thursday 6 March 2014.

HARRYCAT - 06 Mar 2014 08:09 - 37 of 112

London, UK: 6 March 2014. Inmarsat plc (ISAT.L), the leading provider of global mobile satellite communications services, today reported consolidated preliminary financial results for the year ended 31 December 2013.

Inmarsat plc - Highlights

· Adjusted1 total revenues $1,249.6m (2012: $1,277.6m)
· Total Inmarsat Global MSS revenue $762.4m up 3.3% (2012: 738.0m)
· Adjusted2 EBITDA $639.8m (2012: $642.8m)
· Profit before tax $189.1m (2012: $293.6m)
· Adjusted3 profit before tax $365.3m up 8.6% (2012: $336.4m)
· Final dividend of 28.82 cents (US$) up 5%
· Continued subscriber growth: FleetBroadband, XpressLink, SwiftBroadband
· New CFO announced

Inmarsat Group Limited - Fourth Quarter Highlights

· Inmarsat Global MSS revenues $194.3m up 5.4% (2012: $184.4m)
· Inmarsat Solutions revenues $192.6m (2012: $208.2m)
· Total EBITDA $150.9m (2012: $150.5m)

http://www.moneyam.com/action/news/showArticle?id=4767811

Juzzle - 26 Mar 2014 09:04 - 38 of 112

Seems ISAT has played a key role in the search for the missing plane -

according to numerous press reports in this Google News search:

Plane Search - Inmarsat Role

goldfinger - 26 Mar 2014 09:10 - 39 of 112

Yep they put the ping in PING.

HARRYCAT - 07 May 2014 08:22 - 40 of 112

StockMarketWire.com
Global mobile satellite communications services provider Inmarsat's total revenues rose by 9.9% to $344.7m in the three months to the end of March.

Adjusted total earnings before interest, tax, depreciation and amortisation rose by 6.8% to $164.7m.

Chief executive Rupert Pearce said, "We have made a strong start to the year in both our wholesale MSS business and in our retail operations.

"Our MSS business grew by 4% year over year, driven by strong results from our maritime and aviation businesses. We have also completed two strategic transactions that enhance our existing business operations and build new capability and market reach that will benefit the successful take-up of Global Xpress.

"We remain on track for two further Inmarsat-5 launches in 2014 that will complete our GX network. Market interest in GX is building and a number of high profile customers have committed to service trials. New business for GX was signed during the quarter and GX service testing is progressing well.

"We remain confident that commercial GX services will be introduced in July in line with our plan. Finally, we are indebted to the skill and professionalism of our team in providing vital support and information in the search for the missing aircraft MH370."

skinny - 12 May 2014 07:07 - 41 of 112

Inmarsat offers free airline tracking

UK satellite operator Inmarsat is to offer a free, basic tracking service to all the world's passenger airliners.

The offer follows the case of Malaysia Airlines flight MH370, which disappeared without trace on 8 March.

HARRYCAT - 21 May 2014 11:54 - 42 of 112

StockMarketWire.com
Inmarsat has completed an offering of debt securities through Inmarsat Finance plc, a wholly-owned subsidiary company.

Inmarsat sold US$1,000,000,000 of 4.875% senior notes due 2022.

The offering was completed at a price of 99.191% plus accrued interest.

The company intends to use the proceeds principally to:

(i) fund a tender offer for any and all of its outstanding 7.375% Senior Notes due 2017 and satisfy and discharge any such remaining notes

(ii) pay fees and expenses in relation to the tender offer and redemption and the offering of the new notes, with the remaining proceeds to be used for general corporate purposes.

The new notes will be issued on 4 June 2014, subject to customary closing conditions.

HARRYCAT - 05 Jun 2014 08:01 - 43 of 112

Inmarsat to lead EU-wide roll out of in-flight passenger broadband services

· Inmarsat to deploy EU-wide integrated satellite/air-to-ground network over 30MHz of S-band, to serve rapidly developing demand for aviation passenger connectivity

· British Airways in advanced discussions to be a launch customer

London: 5 June 2014: Inmarsat plc (LSE: ISAT), the world's leading mobile satellite services operator, today announces its decision to deploy an integrated telecommunications network to deliver aviation passenger connectivity services on a EU-wide basis. To achieve this ambition, Inmarsat confirms its order for a new S-band satellite, to be called Europasat, and expects to complement this satellite with a fully integrated air-to-ground network across the EU.

Inmarsat's new aviation network will deliver high speed broadband services to commercial and business aviation passengers. These capabilities will be offered alongside Inmarsat's Global Xpress aviation services, extending Inmarsat's service coverage for aviation passengers seamlessly across the rest of the globe, and placing Inmarsat in a leadership position in the global in-flight passenger connectivity market. A market that is already both substantial and rapidly growing in North America and which offers exceptional growth potential globally.

Rupert Pearce, Inmarsat's CEO commented, "North America has seen rapid take-up of in-flight passenger connectivity services, with installation and usage both growing very quickly. The success of the Gogo air-to-ground network has already triggered the building of a second competing network by AT&T, one of the world's largest telecommunications operators. Independent research predicts that in-flight connectivity services will be a multi-billion dollar revenue sector by 2020.

"We believe that the same in-flight connectivity opportunity exists in Europe and that, with the support of EU telecoms regulators, Inmarsat can rapidly bring to market unique, high speed aviation passenger connectivity services to meet this market demand on an EU-wide basis. A number of European airlines are aligned with this vision and we are absolutely delighted to announce advanced discussions with British Airways to be a launch customer on our new aviation network."

HARRYCAT - 05 Aug 2014 07:47 - 44 of 112

Inmarsat on track for 2014, sees start of Global Xpress, announces EU aviation services

London, UK: 5 August 2014. Inmarsat plc (LSE: ISAT.L), the leading provider of global mobile satellite communications services, today provided the following information for the half year ended 30 June 2014.

Financial Highlights
· Total revenues $652.3m, up 1.9% (2013: $640.3m)

· Inmarsat Global Wholesale MSS revenues $387.6m, up 1.9% (2013: $380.5m)
· Adjusted[1]total revenues $605.2m (2013: $635.2m)

· EBITDA $369.7m, up 12.3% (2013: $329.2m)
· Adjusted1 EBITDA $322.8m (2013: $327.2m)

· Profit before tax $168.3m (2013: $185.5m)

· Interim dividend of 18.68 cents, up 5%

· Issue of $1 billion 4.875% Senior Notes due 2022

Operational Highlights
· Global Xpress commercial services started on Inmarsat-5 F1 on 1 July 2014
· New European Aviation Network Programme announced
o Memorandum of Understanding signed with British Airways to be a launch customer

Inmarsat Group Limited - results for the Second Quarter

· Total revenues $307.6m (2013: $326.6m)
· Inmarsat Global MSS revenues $196.1m (2013: $195.9m)
· EBITDA $159.9m (2013: $174.0m)

Rupert Pearce, Inmarsat's Chief Executive Officer, commented, "Inmarsat continued to make good progress in the first half against a strong prior half year performance. We saw strong growth in Maritime and Aviation but continued to see slowdown in Government expenditure. We again added FleetBroadband, XpressLink and SwiftBroadband subscribers, whilst maintaining ARPU. We also announced a major new initiative to develop a combined satellite and terrestrial network to provide in-flight passenger services across Europe using our S-band spectrum licenses. Finally, we ended the period on a high note with the commercial launch of Global Xpress ("GX") services on 1 July and, following an extensive testing programme, the US Government became our first GX customer, taking service from the first day of availability. Following the recent Proton launch failure, the launch of our remaining GX satellites is likely to be delayed but we nevertheless remain very confident of the medium-term growth opportunities for the company."

HARRYCAT - 24 Sep 2014 08:15 - 45 of 112

24 September 2014 - Inmarsat plc is today hosting a presentation for investors and analysts at the company's headquarters in London.

Starting at 8.30am, the agenda will focus on all aspects of Inmarsat's business, with presentations from senior management.

The materials which will be presented at the meeting are available on Inmarsat's website www.inmarsat.com.

The event is available to join via live webcast and you can access this via the Investor Relations page on the inmarsat.com website. A replay of the meeting will also be available after the event.

For further information please contact Inmarsat Investor Relations on 020 7728 1206 or at investor.relations@inmarsatcom

HARRYCAT - 06 Nov 2014 08:39 - 46 of 112

StockMarketWire.com
Global mobile satellite communications services provider Inmarsat posts pre-tax profits of $104,1m for the three months to the end of September - up from $23.5m last time.

But total revenues fell to $300.6m - down from $306.9m - and earnings before interest, tax, depreciation and amortisation fell to $166.0m from $168.7m.

Chief executive Rupert Pearce said: "Inmarsat continued to make good progress in the third quarter, delivering core business growth and moving ahead towards completion of the Global Xpress constellation.

"Global Xpress service from our first Inmarsat-5 satellite was launched at the start of the quarter and is delivering operational performance ahead of expectations. Following Proton's return to flight in the quarter, and a second successful launch in October, we currently expect our two remaining I-5 satellites to launch in early 2015. This puts us on track for global introduction of GX services early in the second half of 2015 and we remain confident that we will deliver our 2014-16 MSS revenue growth target of 8-12%, and generate annual GX revenues of $500m by the fifth anniversary of the launch of global GX services.

"All of our businesses performed in line with our expectations during the quarter. Underlying revenue growth continued in Maritime, Enterprise and Aviation (excluding the impact of acquisitions and disposals) driven by customer growth and higher ARPU across many of our product ranges. In Government we saw the continuing revenue impact of budgetary pressures and reduced operational requirements, partially offset by encouraging developments in the newer markets we are targeting."

HARRYCAT - 07 Nov 2014 09:05 - 47 of 112

StockMarketWire.com
Global mobile satellite communications services provider Inmarsat has entered into binding agreements to sell its 19% holding in SkyWave Mobile Communications to ORBCOMM Inc for total expected proceeds at closing of $32.2m.

ORBCOMM has in turn entered into binding agreements to acquire 100% of SkyWave subject to regulatory approvals.

Closing is expected in early 2015. The share sale is one part of a suite of agreements with ORBCOMM, a leading global provider of machine-to-machine (M2M) solutions, which will collectively enhance ORBCOMM's and Inmarsat's M2M capabilities.

These agreements cover the joint ownership and future development and commercialisation of the IsatData Pro (IDP) technology, enabling Inmarsat to enhance the offering to its M2M partner ecosystem,further supporting the adoption of IDP in multiple new markets.

As part of the agreements with ORBCOMM, Inmarsat will acquire SkyWave's satellite network assets, which are hosted at three Inmarsat Satellite Access Stations around the world, for $7.5m.

HARRYCAT - 20 Nov 2014 07:37 - 48 of 112

StockMarketWire.com
Inmarsat has announced that Alcatel-Lucent has become a technology partner for the development of a new, fully integrated telecommunications network to deliver high-speed broadband services to commercial and business aviation passengers across the European Union.

The unique network, which places Europe at the forefront of passenger aviation connectivity, is scheduled to enter commercial service by the end of 2016.

The new network represents two world-beating achievements for Inmarsat and its partners. It will be the world's first truly hybrid aviation network, consisting of an S-band satellite (Europasat), constructed by Thales Alenia Space, and a Europe-wide S-band ground network. Over the integrated network, based on state-of-the-art LTE technology and access to sufficient spectrum resources, Inmarsat will be offering airlines the world's fastest in-flight broadband connectivity service with speeds up to 75Mbps, far in excess of the limited capabilities of North American ATG systems.

Alcatel-Lucent and Inmarsat will work together to develop the ground infrastructure component of the new Europe-wide network. Alcatel-Lucent has proven expertise in the development of 4G LTE-based air-to-ground technology and was the world's first company to field trial this technology in 2011. The initial contract awarded to Alcatel-Lucent will see the global telecommunications equipment company adapting their existing 4G LTE technology to support the S-band spectrum.

HARRYCAT - 02 Mar 2015 13:41 - 49 of 112

StockMarketWire.com
Inmarsat will announce its preliminary results for the 12 months ended 31 December on 5th March 2015.

HARRYCAT - 05 Mar 2015 08:09 - 50 of 112

London, UK: 5 March 2015. Inmarsat plc (LSE: ISAT.L), the leading provider of global mobile satellite communications services, today provided the following information for the twelve months ended 31 December 2014.

Full Year Financial Headlines
· Total revenues $1,285.9m (2013: $1,261.9m)

o Maritime up $70.8m to $595.6m (+13.5%); underlying growth (excl. acquisition) +3.2%

o Government down $88.4m to $319.9m (-21.7%)

o Enterprise down $54.9m to $166.7m (-24.8%); underlying growth (excl. disposal) +6.2%

o Aviation up $27.7m to $101.1m (+37.7%)

o $75.4m from LightSquared (2013: $12.3m)

· Wholesale Mobile Satellite Service (MSS) revenues $791.4m, up 3.8% (2013: $762.4m)

· EBITDA1 $701.0m (2013: $648.8m)

· Profit after tax $341.1m (2013: $102.6m)

· Final dividend increased by 5% to 30.26 cents/share (2013: 28.82 cents/share)

Business Highlights
· Global Xpress (GX) commercial services started on Inmarsat-5 F1 on 1 July 2014; I-5 F2 launched successfully on 1 February 2015

· European aviation network programme announced; first MSS and ground licences acquired

· Acquisition of Globe Wireless, disposal of retail energy related assets and 19% stake in SkyWave

· Issue of $1 billion of 4.875% Senior Notes due 2022

· Innovative new products and services launched across all Business Units

Fourth Quarter Financial Headlines
· Total revenues $333.0m (2013: $314.8m)

o $18.5m from LightSquared (Q4 2013: $2.4m)

· Wholesale Mobile Satellite Service (MSS) revenues $211.8m, up 9.0% (2013: $194.4m)

· EBITDA1 $165.3m (2013: $150.9m)

HARRYCAT - 05 May 2015 10:57 - 51 of 112

StockMarketWire.com
Inmarsat has announced that it will report Results for the 3 months ended 31 March 2015 on Wednesday 6th May at 07.00 hrs GMT.

The company will host a conference call to discuss the results at 08.30 hrs London time.

HARRYCAT - 06 May 2015 08:05 - 52 of 112

StockMarketWire.com
Inmarsat reports a solid trading for the three months to the end of Mach and remains on track for the launch of a third GX satellite.

Total revenues fell to $304.8m - down from $344.7m a year ago.

This comprised: Maritime up $1.6m to $149.8m (+1.1%); Government down $12.7m to $66.8m (-16.0%); Enterprise down $5.5m to $38.9m (-12.4%); underlying growth (excl. disposal) +6.9%; Aviation up $4.9m to $27.1m (+22.1%); revenues from LightSquared down $27.8m to $17.5m (Q1 2014: $45.3m).

Wholesale Mobile Satellite Service (MSS) revenues rose to $198.2m, up 3.5% (Q1 2014: $191.5m). Total EBITDA fell to $176.8m (Q1 2014: $209.9m) and profit after tax fell to $77.4m (Q1 2014: $100.2m).

Chief executive Rupert Pearce said: "This was a solid quarter of trading, although starting slowly, in particular in Maritime and certain Government contracts. However momentum developed well towards the end of the period, especially in Maritime, with strong growth in FleetBroadband subscribers and ARPU as well as XpressLink installations. We remain confident about the underlying growth and margin trends across all of our business units, and that we will deliver our wholesale MSS revenue target for 2015 and beyond.

"Our third GX satellite, I-5 F3, has been shipped to Baikonur and is on track for launch in early June. We now expect commercial launch of global GX services mid-to-late in the third quarter, which is slightly later than originally planned but does not change our expectations for GX revenue growth in 2015 or over the longer term.

"There was significant progress in Aviation in the quarter, with several major new cabin connectivity contracts in advanced stages of negotiation, and the S-band licence acquisition process moving forward well. Plans for developing our air-to-ground network are also progressing well."
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