Fierce battle looming in maritime connectivity amid surging VSAT competition

摘要

Soaring competition for increasingly popular VSAT technology in maritime points to a looming battle for market share in connectivity and equipment. Revenues in MSS operator Inmarsats (LON:ISAT) maritime business fell 5.7% to US$135m for Q3 2018, compared with the same quarter a year ago, as EBITDA also dropped 4.9% to US$108.7m.