{"id":88111,"date":"2009-11-12T20:18:10","date_gmt":"2009-11-10T15:00:43","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/inmarsat-reports-strong-third-quarter-sukawaty-extends-term-as-ceo\/"},"modified":"2026-08-19T14:46:38","modified_gmt":"2026-08-19T06:46:38","slug":"inmarsat-reports-strong-third-quarter-sukawaty-extends-term-as-ceo","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/inmarsat-reports-strong-third-quarter-sukawaty-extends-term-as-ceo\/","title":{"rendered":"Inmarsat Reports Strong Third Quarter, Sukawaty Extends Term as CEO"},"content":{"rendered":"<p>[11-10-09] <strong>Inmarsat<\/strong> achieved growth in all of its mobile satellite services markets in the 2009 third quarter, which generated an 8.7 percent revenue increase over 2008 at $176.7 million, the company announced in its financial results, released Nov. 9.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp; The company\u2019s EBITDA grew 18.4 percent to $133 million and profits after tax improved 33.5 percent to $50.2 million.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;<strong> Inmarsat Holdings<\/strong> reported net borrowings of $879.9 million, which excludes net borrowings of Inmarsat and Stratos Global Corp. and its subsidiaries. Inmarsat Holding\u2019s ratio of net borrowings to its last twelve-month EBITDA was 1.8 to 1.0. <br \/>\n&nbsp;&nbsp;&nbsp;&nbsp; Inmarsat CEO Andrew Sukawaty was pleased with the results and announced he will extend his CEO term by two years. \u201cOur cost control and reduced capital expenditure needs are contributing respectively to strong EBITDA growth, up 18.4 percent, and a substantial increase in free cash flow, up over 90 percent year-over-year. \u2026 We are well positioned to deliver on our targets for the full year,\u201d Sukawaty said in a statement.<\/p>\n<h2>Related Stories-<\/h2>\n<p>\n<b class=\"titlelink\">Inmarsat Names GSPS Launch Distribution Partners<\/b>&nbsp;&nbsp; \t\t\tSatellite Today&nbsp;&nbsp; \t\t\tNovember 4, 2009<br \/>\n[11-04-09] Inmarsat has appointed AST and NSSL launch distribution partners for its global satellite phone services (GSPS), set to go live at the end of the second quarter of 2010, AST and NSSL announced Nov. 3.<\/p>\n<p><b class=\"titlelink\">Maritime Terminal Advances Keep Vessels Connected<\/b>&nbsp;&nbsp; \t\t\tVia Satellite&nbsp;&nbsp; \t\t\tNovember 1, 2009<br \/>\nGone are the romantic days of ships heading off to sea, isolating their crews from civilization for extended periods. Personnel on today s marine vessels can send and receive e-mail, surf the Web, phone distant lands, check weather forecasts and\u2026<\/p>\n<p><b class=\"titlelink\">Stratos Provides BGAN Lease Service to Canadian Government<\/b>&nbsp;&nbsp; \t\t\tSatellite Today&nbsp;&nbsp; \t\t\tOctober 29, 2009<br \/>\n[10-29-09] Stratos Global Corp. has been contracted to provide a dedicated, leased channel on Inmarsat s Broadband Global Area Network (BGAN) mobile broadband satellite service to the Canadian government, Stratos announced Oct. 28. \u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[11-10-09] Inmarsat achieved growth in all of its mobile satellite services markets in the 2009 third quarter, which generated an 8.7 percent revenue increase over 2008 at $176.7 million, the company announced in its financial results, released Nov. 9. &nbsp;&nbsp;&nbsp;&nbsp; The company\u2019s EBITDA grew 18.4 percent to $133 million and profits after tax improved 33.5 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-88111","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/88111"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=88111"}],"version-history":[{"count":1,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/88111\/revisions"}],"predecessor-version":[{"id":88138,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/88111\/revisions\/88138"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=88111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=88111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=88111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}