WESTLAKE VILLAGE, Calif. and BEIJING, Aug. 16, 2013 (GLOBE NEWSWIRE) -- Global Eagle Entertainment Inc. (Nasdaq:ENT), the leading provider of satellite-based inflight WiFi and device-based entertainment for airlines around the world, and China Satellite Communications Co. Ltd (Chinasatcom), the core operating subsidiary of China Aerospace Science and Technology Corporation, entered into an Memo of Understanding (MOU) to jointly develop, implement and support in-flight connectivity solutions for Chinese airlines, as well as to support non-Chinese airlines that fly into and over the People's Republic of China.
Global Eagle and Chinasatcom recognized the need for a strong support infrastructure for Chinese airlines to enable these airlines to provide an inflight connectivity service that is reliable and meets the needs of passengers, and also enables airlines to provide a service that reflects their respective preferences. As respected leaders in satellite-based connectivity and satellite communications, Global Eagle and Chinasatcom will meet the needs of non-Chinese airlines that fly into and over China as well.
"Chinasatcom is an elite organization that will make available a wide variety of unique resources and skills to support airlines' in-flight connectivity programs," said John LaValle, Chief Executive Officer of Global Eagle Entertainment. "Our partnership will put in place a highly specialized infrastructure so that airlines can enable and reliably provide their in-flight connectivity offerings to the millions of passengers they serve."Under the MOU, Global Eagle Entertainment subsidiary Row 44 will provide its world-leading, satellite-based in-flight connectivity platform, including hardware and software. Row 44 will also provide its expertise in efficient program management and in the development and operation of advanced in-flight services to increase passenger loyalty and airline revenues. Chinasatcom owns and operates 13 satellites and four earth stations, and maintains strong relationships with satellite owners worldwide. It will offer airlines a variety of services that include global satellite connectivity, network security and policy compliance management, and partner management support. These services can be utilized individually or integrated as needed in order to help airlines maximize the productivity of its in-flight connectivity solution.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV