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4-Traders Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Speedcast International Ltd    SDA   AU000000SDA9

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Speedcast International : , SES Networks partner to satellite connetivity in Peru

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11/10/2017 | 05:11pm CET

Speedcast, a leader in providing highly reliable, fully managed, remote communication and IT solutions, and SES, the world-leading satellite operator, announced today an agreement to provide several hundreds of Mbps of connectivity into Peru. This is the first agreement between the companies in Latin America to provide Medium Earth Orbit (MEO) capacity with high throughput capabilities and low latency. The agreement marks the fourth MEO national partnership between Speedcast and SES Networks.

The agreement enables Speedcast to provide network services to mobile network operators (MNOs) and enterprise customers in areas of Peru where high performance internet is in high demand and short supply, enabling a host of latency-sensitive and bandwidth-hungry applications.

By utilising SES`s O3b constellation-the only satellite system with the high throughput and low latency required for broadband, 4G/LTE and cloud services - Speedcast will deliver internet performance, customer support, and integration with their customers` networks on par with terrestrial fibre in the region. Speedcast is able to supply this 24/7/365 day support through its network of more than 250 field engineers.

"Our unique low-latency, high throughput connectivity will help Speedcast achieve its goal of providing fibre-like connectivity and a premium experience to customers," said Omar Trujillo, Vice President of Sales for Latin America at SES Networks. "We are proud of our strong relationship with Speedcast, and pleased to help support the continued growth of its capabilities and infrastructure in the region."

"Speedcast is happy to deliver a new level of performance for enterprises in Peru," said Pierre-Jean Beylier, CEO at SpeedCast. "The added support from SES Networks` services will allow us to provide enterprises with the critical high-demand communications capabilities necessary to operate with speed and efficiency in today`s technology-driven market. Speedcast is building the fibre, the radio links, and WiFi to extend the signal to the end users. It was a pleasure to work with SES Networks on this project as it was a real team effort."

(c) 2017 Khaleej Times. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( AUD)
Sales 2017 683 M
EBIT 2017 70,0 M
Net income 2017 18,2 M
Debt 2017 456 M
Yield 2017 1,61%
P/E ratio 2017 59,47
P/E ratio 2018 24,62
EV / Sales 2017 2,55x
EV / Sales 2018 2,07x
Capitalization 1 285 M
Chart SPEEDCAST INTERNATIONAL LT
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Speedcast International Lt Technical Analysis Chart | SDA | AU000000SDA9 | 4-Traders
Technical analysis trends SPEEDCAST INTERNATIONAL LT
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 4,90  AUD
Spread / Average Target -9,2%
EPS Revisions
Managers
NameTitle
Pierre-Jean Beylier Chief Executive Officer & Executive Director
John Angus MacKay Chairman
Keith Johnson COO & Senior Vice President-Energy Services
Ian Baldwin Chief Financial Officer
Michael M. Malone Independent Non-Executive Director
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