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SpeedCast starts its Christmas shopping with ST Teleport

Pierre-Jean Beylier, CEO of SpeedCast Pierre-Jean Beylier, CEO of SpeedCast

SpeedCast has continued its global shopping spree, with the announcement that it has entered into a definitive agreement to acquire ST Teleport, a satellite communications services provider based in Singapore.

{mprestriction ids="1,2"}The acquisition, the fifth announced by SpeedCast in 2015, includes ST Teleport’s teleport facilities and data centre infrastructure in Singapore, and aims to strengthen the company’s position in both the maritime and energy sectors in Asia-Pacific.

The infrastructure further complements the teleports acquired by SpeedCast earlier this year in Australia through its NewSat acquisition, meaning that SpeedCast’s customers will be able to land their traffic in Singapore, co-locate equipment there, leverage a stock of spare parts, and access the offshore certified engineering team and customer support centre. The associated lab will also allow customers to test applications and do live proofs of concept on site. 

ST Teleport’s hybrid satellite-fibre infrastructure supports access to more than 22 satellites and direct connections to fibre switches in Asia and in the US.

“The acquisition of ST Teleport takes our capabilities in the strategic hub of Singapore to a completely different level. This is very important for our growth in Asia-Pacific in maritime and energy,” said Pierre-Jean Beylier, CEO of SpeedCast.

“Our customers will be able to leverage an impressive infrastructure and about 50 communications and IT experts to meet their business needs. ST Teleport represented a significant opportunity, as it is one of only two major teleport infrastructures in Singapore, at the heart of our core Asian maritime and energy markets.” 

“This acquisition is very complementary to both parties, and combining the strengths of SpeedCast and ST Teleport will allow us to present our customers new compelling solutions for their satellite communications needs.”

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