SpeedCast, a satellite services provider headquartered in Hong Kong, today announced the buyout of SatComms Australia, which specialises in mobile and fixed satellite solutions.
Hong-Kong based satellite communications provider SpeedCast has completed a rebranding of its group companies under the SpeedCast name.
SpeedCast has expanded its maritime VSAT network with additional capacity in the Indian and South Atlantic Oceans.
SpeedCast has announced the successful closing of a US$55 million Senior Secured Credit Facility, whose proceeds have financed its acquisition of a 100 per cent effective interest in Pactel International.
Hong Kong based SpeedCast Ltd has completed, with the support of its majority shareholder, TA Associates, a buyout of Elektrikom Satellite Services, a satellite communications service provider based in the Netherlands.
Hong Kong-based SpeedCast, together with its majority shareholder, private equity firm TA Associates, has completed a buyout of Australian Satellite Communications (ASC), a service provider in Australia.
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