Thai Airlines Seeking to Operate In-flight Connectivity Service Will Benefit from Partnership's Support All Airlines Flying Into and Over Thailand Can Access High-Quality Connectivity
WESTLAKE VILLAGE, Calif. and NONTHABURI, Thailand, Sept. 23, 2013 (GLOBE NEWSWIRE) -- A memorandum of understanding (MOU) to jointly develop, implement and support in-flight connectivity solutions for airlines in Thailand and the surrounding region has been signed between Global Eagle Entertainment Inc. (Nasdaq:ENT), the leading provider of satellite-based in-flight WiFi and device-based entertainment for airlines around the world, and Thaicom Public Company Limited (THAICOM), a leading satellite communications provider in Asia Pacific publicly traded on the Stock Exchange of Thailand (SET) under the symbol THCOM.
The partnership between these respected leaders in satellite-based in-flight connectivity and communications is designed to help airlines in Thailand and the Asia Pacific region develop and operate a unique, reliable and enjoyable in-flight connectivity service that reflects the specific preferences of these airlines and the passengers they serve."As the company responsible for the world's first high-throughout IP satellite for commercial broadband, THAICOM has been providing a broad range of standard-setting satellite services throughout Asia Pacific for decades," said John La Valle, Chief Executive Officer of Global Eagle Entertainment. "We look forward to working together with THAICOM to develop an in-flight connectivity experience unique to the region, and to improve the flying experience for air commercial travelers throughout Asia Pacific." 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. "We look forward to partnering with Global Eagle Entertainment and are proud to be able to play a key role in providing in-flight broadband services to Thailand and Asia Pacific," said Suphajee Suthumpun, Chairman of the Executive Committee and Chief Executive Officer of THAICOM. "This business partnership is a significant milestone for THAICOM as it marks our entry into the in-flight connectivity market in the Asia Pacific region. We are pleased to be able to support Asia Pacific's evolving communications needs powered by our growing fleet of satellites and portfolio of end-to-end value-added services."
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts