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EMC agrees MTN acquisition Featured

Emerging Markets Communications (EMC) has signed a definitive merger agreement to acquire VSAT provider MTN Communications (MTN).

{mprestriction ids="1,2"}The combined organisation will have a customer base of 1,600 vessels and more than 8,000 land-based customer sites, across verticals including maritime, energy, cruise lines and ferries, yachts, non-governmental organisations, telecommunications providers, global enterprises and governments.

“Our vision is to create the next generation mobility platform offering the most reliable, secure and cost-effective connectivity solutions for people and businesses on-the-move – and in far reaching places on land and at sea – and the acquisition of MTN makes this vision a reality,” said Abel Avellan, founder and CEO of EMC.‎

EMC’s global infrastructure features 52 field support centres, three wholly-owned teleports, and global satellite capacity available in C-band, Ku-band and Ka-band.

The agreement is subject to regulatory review and other customary conditions, and is expected to close by the second quarter of 2015. The cost of the acquisition has not been disclosed.{/mprestriction}

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