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Navarino Telecom Signs Inmarsat Global Xpress® Value Added Reseller Agreement

Stocks in this article: ISAT

LONDON, November 16, 2012 /PRNewswire/ --

  • Navarino signs with Inmarsat for Global Xpress®
  • First Telco in Greece to be appointed a Global Xpress Value Added Reseller
  • Latest endorsement from the market for Inmarsat's service innovation and roadmap toward Global Xpress®

Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communications services announced today that it has signed Piraeus-headquartered satellite communications organisation, Navarino as a Value Added Reseller (VAR) of Global Xpress® for the maritime market.

Navarino is one of the leading satellite communication providers in Europe and Asia, specializing in a number of innovative products and value added services for vessels that trade globally. The company has a client base of more than 500 shipping companies throughout Europe and Asia, serviced by offices in Piraeus, Hamburg, Oslo, Cyprus, Hong Kong and Singapore.

Dimitris Tsikopoulos, CEO, Navarino, said: "Global Xpress is the best response to the increasing need for data-driven and cost-effective communications at sea, offering the shipping industry unprecedented data speeds and global coverage. Greece has the largest single ownership of ocean-going vessels, with around 17% of the world's ship owners based here. Our customers have the highest bandwidth requirements and Global Xpress with its combination of a new super-fast Ka-band satellite network and the existing FleetBroadband service will deliver a quality, global service with the utmost reliability."

Continues Tsikopoulos: "The deployment of Global Xpress will herald a revolution in maritime communications and will have a significant impact on how the shipping industry can improve its profitability through achieving long term cost efficiencies."

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