Telenor Maritime, has acquired broadband satellite communication and IT services provider SatPoint AB, in order to strengthen its position in the Baltic Sea.
The industry has seen a great number of acquisitions happening within the satellite communications sector in the past couple of years due to the advances in communications technology and the demand for greater connectivity as the industry sails into the era of smart shipping.
SatPoint AB’s VSAT equipment and capacity, teleport and operations will help Telenor to drive
the digital transformation within the industry by deploying its Smart Networks, Mobile Access and Connectivity Platform across northern Europe and key customer segments, such as ferries.
Magnus Hedberg, CEO of SatPoint commented: “SatPoint is very excited to join forces with Telenor Maritime. Being part of Telenor will be very beneficial to SatPoints existing VSAT customers and together with Telenor Maritime we will be able to provide high-quality innovative services to our customers and continue to grow the market.”
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