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Inmarsat looks to the future

Mobile satellite service provider Inmarsat saw sales dip at its maritime operation as customers there continued to migrate to the group's next generation broadband terminal, Fleetbroadband. This, combined with falling military usage in Afghanistan, prompted chief executive Rupert Pearce to caution that mobile satellite services growth will be no more than 2 per cent in the near term – although that's expected to rise to 8-12 per cent from 2014, as the group's super-fast broadband Global Xpress offering comes on stream.

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By Malar Velaigam ,
06 March 2012

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