SpeedCast Acquires NewCom, Continues Expansion to South America
[Via Satellite 12-29-2015] SpeedCast International has signed a definitive agreement for the acquisition of NewCom International, a satellite communications service provider specializing in the South and Central American regions. With the acquisition, SpeedCast plans to strengthen its capabilities to serve and support its customers globally, including in the growing South American market.
For more than 25 years, NewCom has been providing integrated satellite and terrestrial communications and engineering solutions throughout the South and Central American regions, the Caribbean, Mexico and Africa. The company specializes in the design, implementation, operations and management of critical integrated voice, video, data, content and security solutions. The company has two teleports in Miami, Fla. and Lima, Peru and has developed a variety of turnkey education, telemedicine, disaster recovery and remote office solutions to meet the demands of these fast-developing regions.
This acquisition follows the establishment of SpeedCast’s presence in the Americas in 2014 with the opening of its Houston, Texas office, and a further expansion into Washington, D.C. in 2015.
SpeedCast expects to complete the transaction by the second quarter of 2016, subject to regulatory approvals.