SpeedCast Acquires Geolink Satellite Services to Bolster Africa Business
[Via Satellite 02-25-2015] Hong Kong-based SpeedCast International has purchased CETel Group company Geolink Satellite Services. The acquisition is expected to boost the company’s presence in Africa, where Geolink is active in more than 20 countries.
In a statement, SpeedCast said a growing number of its customers in the Asia-Pacific are requesting services in Africa. Geolink, specializing in Mobile Satellite Services (MSS) and fixed VSAT solutions, has customers in oil and gas, mining, media, maritime and Non-Governmental Organizations (NGOs). SpeedCast anticipates using this acquisition to expand particularly in energy, maritime and a growing number of VSAT services in Africa.
Geolink is SpeedCast’s third acquisition in 12 months, following that of SatComms Australia and Oceanic Broadband. The company is located in Paris, France, and uses a network of technical field partners to provide services across the African continent. Geolink’s management team will become part of the SpeedCast group.