Britain’s Inmarsat moves into satellite phone market

By Agence France-Presse, Updated: 6/14/2010
Inmarsat, a leading provider of global satellite communication services, on Monday unveiled its first phone model in a bid to grab a slice of the increasingly affordable market.
The London-based company said at the launch of the IsatPhone Pro in Singapore that it hoped to grab a 10 percent share of the global handset market which it estimates is worth 350 million US dollars in wholesale revenue.
It aims to reach that goal by 2012 through an aggressive price plan, with sales driven by Europe and the United States, its key markets…
Tags: Inmarsat
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