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SatPort Infrastructure
Trends
- 1
Satellite communications company SatPort has acquired Speedcast's teleport business, taking ownership of ground station infrastructure serving maritime, energy and enterprise customers. The deal continues the restructuring of Speedcast, which has been divesting assets in recent years, and expands SatPort's footprint in satellite ground services. Industry watchers are assessing what the ownership change means for existing teleport customers and service continuity.
- 2EQT-backed SatPort completes acquisition of Speedcast teleport business●EQT-backed SatPort Infrastructure completes acquisition of teleport business from Speedcast to expand its satellite ground infrastructure platform globally
SatPort Infrastructure, a platform backed by private equity firm EQT, has completed its acquisition of the teleport business from satellite communications company Speedcast. The deal expands SatPort's satellite ground infrastructure operations globally, adding Speedcast's teleport assets and capabilities to its platform and strengthening its position in the growing satellite ground segment market.