Posted on: 04 January 2016 by Mark Howells
SpeedCast International Limited, a Hong-Kong headquartered global satellite communications service provider, has signed a definitive agreement for the acquisition of US-based NewCom International, which provides satellite communications to the South and Central American regions.
NewCom specialises in the design, implementation, operations and management of critical integrated voice, video, data, content and security solutions, serving key verticals including government, telecom, oil & gas, maritime, NGOs, aviation and mining. Based in Miami, Florida, NewCom has two state-of-the-art teleports in Miami, Florida and Lima, Peru, which provide strategic infrastructure to service its customer base throughout the Americas. With NewCom’s acquisition, SpeedCast establishes a strong presence in South and Central America, where SpeedCast did not have an established direct presence, which is an important region for all of the Group’s existing verticals and for a number of existing SpeedCast customers. The acquisition will benefit SpeedCast’s existing customer base across multiple verticals, as SpeedCast leverages NewCom’s infrastructure and local presence to gain in operational flexibility and redundancy and enhance its support and logistics capabilities.