Edition:
India

Inmarsat PLC (ISA.L)

ISA.L on London Stock Exchange

388.40GBp
19 Feb 2019
Change (% chg)

9.10 (+2.40%)
Prev Close
379.30
Open
380.80
Day's High
390.30
Day's Low
373.40
Volume
1,484,924
Avg. Vol
1,383,730
52-wk High
646.00
52-wk Low
334.30

Latest Key Developments (Source: Significant Developments)

Inmarsat Announces Garuda GX Aviation Contract
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Inmarsat PLC ::INMARSAT ANNOUNCES GARUDA GX AVIATION CONTRACT.ANNOUNCED A CONTRACT TO PROVIDE ITS AWARD-WINNING GX AVIATION INFLIGHT BROADBAND SOLUTION TO INDONESIAN NATIONAL CARRIER GARUDA.AGREEMENT TO SUPPLY GARUDA INDONESIA WITH GX AVIATION MARKS EXTENSION OF MAHATA'S EXISTING 10-YEAR CONTRACT WITH LOW-COST CARRIER CITILINK.  Full Article

Inmarsat Says Competition Tribunal Ruled In Favour Of Ofcom's EAN Authorisation Decision
Friday, 7 Dec 2018 

Dec 7 (Reuters) - Inmarsat PLC ::INMARSAT PLC - COMPETITION APPEAL TRIBUNAL RULES COMPREHENSIVELY IN FAVOUR OF OFCOM’S EAN AUTHORISATION DECISION.INMARSAT PLC - TRIBUNAL COMPREHENSIVELY FOUND IN FAVOUR OF OFCOM AND INMARSAT AND DETERMINED THAT ALL OF VIASAT'S ARGUMENTS FAILED.INMARSAT - COMPETITION APPEAL TRIBUNAL HANDED DOWN JUDGMENT DEALING WITH VIASAT'S CHALLENGE TO OFCOM'S AUTHORISATION OF CO'S UK CGC.INMARSAT - CGC AUTHORISATION GRANTED BY OFCOM TO INMARSAT FOR EAN SYSTEM REMAINS IN FULL FORCE AND EFFECT.  Full Article

Rignet Announces Adverse Ruling In Inmarsat Arbitration
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Rignet Inc ::RIGNET ANNOUNCES ADVERSE RULING IN INMARSAT ARBITRATION.RIGNET INC SAYS AS A RESULT OF PHASE I RULING, RIGNET EXPECTS TO RECORD A LITIGATION RESERVE IN Q4 OF 2018.RIGNET INC - IS NOT REQUIRED TO PAY ANY AMOUNTS TO INMARSAT UNTIL PANEL RULES ON PHASE II COUNTERCLAIMS.RIGNET INC - CURRENTLY EXPECTS A PHASE II RULING IN SECOND HALF OF 2019.  Full Article

Inmarsat Signs Agreements With Europe's Leading Air Navigation Services Providers For Iris Programme
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Inmarsat PLC ::SIGNS AGREEMENTS WITH EUROPE'S LEADING AIR NAVIGATION SERVICES PROVIDERS FOR IRIS PROGRAMME.ALSO SIGNED A CONTRACT WITH EUROPEAN SATELLITE SERVICES PROVIDER.  Full Article

Inmarsat Says Notes Withdrawal Of Echostar Offer
Friday, 6 Jul 2018 

July 6 (Reuters) - Inmarsat Plc ::WITHDRAWAL OF ECHOSTAR OFFER.BOARD NOTES TODAY'S FURTHER ANNOUNCEMENT BY ECHOSTAR CORPORATION THAT IT DOES NOT INTEND TO MAKE AN OFFER FOR INMARSAT.BOARD REMAINS HIGHLY CONFIDENT IN INDEPENDENT STRATEGY AND PROSPECTS OF INMARSAT.  Full Article

Echostar Says No Intention To Make An Offer For Inmarsat
Friday, 6 Jul 2018 

July 6 (Reuters) - Echostar Corporation ::NO INTENTION TO MAKE AN OFFER FOR INMARSAT.DOES NOT INTEND TO MAKE AN OFFER FOR ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF INMARSAT.  Full Article

Inmarsat Says Rejected Echostar Proposal As It "Very Significantly" Undervalued Co
Friday, 6 Jul 2018 

July 6 (Reuters) - Inmarsat Plc ::STATEMENT RE POSSIBLE OFFER.STATEMENT REGARDING POSSIBLE OFFER FOR INMARSAT PLC BY ECHOSTAR.BOARD REJECTED PROPOSAL ON 4 JULY 2018 ON BASIS THAT IT VERY SIGNIFICANTLY UNDERVALUED INMARSAT AND ITS STANDALONE PROSPECTS.BOARD REMAINS HIGHLY CONFIDENT IN INDEPENDENT STRATEGY AND PROSPECTS OF INMARSAT.ECHOSTAR IS REQUIRED, BY NOT LATER THAN 5.00 P.M. (LONDON TIME) ON 6TH JULY, TO ANNOUNCE A FIRM INTENTION TO MAKE AN OFFER OR WALK AWAY.  Full Article

Eutelsat Says Does Not Intend To Make An Offer For Inmarsat
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Eutelsat Communications SA ::EUTELSAT SAYS DOES NOT INTEND TO MAKE AN OFFER FOR INMARSAT.  Full Article

Inmarsat Says Signed Deal With Turkish Technic And Havelsan For Inflight Connectivity
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Inmarsat PLC ::SIGNS AGREEMENT WITH TURKISH TECHNIC AND HAVELSAN FOR INFLIGHT CONNECTIVITY COLLABORATION.  Full Article

Inmarsat Q3 revenue up 5 pct, narrows full-year guidance
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Inmarsat :Q3 group revenue $358.3 million, up 4.8 percent.2017 revenue guidance, excluding ligado, narrowed to $1,225m to $1,275m, from $1,200 m to $1,300 m.Q3 ebitda $191.3 million, down 6.5 percent.  Full Article

Inmarsat plans new low-cost service to stem maritime customer losses

LONDON, Nov 8 Inmarsat's chief executive said on Thursday he would stem a stream of defections by its maritime customers to rival satellite providers with the launch of its own low-price service geared towards crew members using social media.