Inmarsat Maritime Sales Were Lower than Expected in 2010

摘要

Mobile satellite services provider Inmarsat on March 7 said revenue from its core maritime business in 2010 was much lower than expected as competitors, and Inmarsat's own new lower-cost products, gained market traction. London-based Inmarsat said it is taking steps to fend off the offensive by very small aperture terminal, or VSAT, service providers, who are making inroads among commercial shipping companies by offering all-you-can-consume package deals, lower per-megabit prices and higher speeds than Inmarsat can provide now.