Inmarsat Q1 sales rose 10 percent from the year-ago quarter, to $355 million. ...
Inmarsat Q1 sales rose 10 percent from the year-ago quarter, to $355 million. Wholesale maritime revenue rose 7 percent to $95.4 million and Inmarsat added more than 2,000 FleetBroadband terminals, it said. Maritime voice revenue fell 11 percent to $21.4…
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million, largely due “to the impact of voice price reductions implemented in the second quarter of 2011,” Inmarsat said. The company’s overall mobile satellite services revenue was little changed at $178 million, with lower revenue from Afghanistan “in connection with reduced military activity,” Inmarsat said.