Acquisition Provides Comprehensive VSAT Communications Solution for Oil & Gas Companies with Operations in the Gulf of Mexico and Worldwide
ITC Global (ITC), an international provider of satellite communications services to the mining, energy and maritime industries, today announced it has successfully completed the acquisition of the satellite operations of Broadpoint LLC, an established provider of communications services to the oil & gas sector in the Gulf of Mexico. The acquisition unites Broadpoint's industry experience and established customer base with ITC's global coverage and resources to create a comprehensive VSAT communications solution for the oil & gas market.
The acquisition firmly establishes ITC as one of the world's leading satellite service providers in the oil & gas industry. The company manages a global VSAT network across more than 25 satellite beams and nine teleports, covering every geography in which oil & gas companies operate. Broadpoint's customers will be able to access ITC's worldwide service, technology advisors and managed support. Broadpoint will retain its core cellular telecommunications business, which operates the only ubiquitous cellular voice and data network in the Gulf of Mexico.
"This acquisition enables ITC Global to provide complete satellite coverage in the Gulf of Mexico, utilizing five satellite beams from four geographically dispersed teleports," said John Morganti, ITC Global's vice president and general manager.
"Acquiring Broadpoint supports our strategy of enhancing our already strong presence in the global resource segment," said Joseph Spytek, ITC Global's chief executive officer. "The combination of Broadpoint's satellite business and ITC Global provides oil & gas companies with a high-performance solution that can scale with their business to address critical communications needs."
About ITC Global
ITC Global is one of an elite group of companies that is able to deliver enterprise-grade satellite communications on a global basis, with facilities across the Americas, Europe, Asia, and Australia, and trained engineering and technical staff in key locations.Providing satellite communications systems and ongoing support to some of the world's largest and most successful mining companies in difficult and remote locations, ITC Global is also using its people, processes and technologies to deliver innovative solutions to oil & gas clients operating in developing markets and emerging gas fields.
Headquartered in St. Petersburg, Florida, ITC maintains state-of-the-art Network Operations Centers (NOCs) in St. Petersburg and Perth, Western Australia.The company offers innovative solutions including regional or global clouds of capacity, hybrid fiber-satellite networks and high level network engineering. ITC has earned a premier reputation across diverse markets for its engineering expertise and superior customer service.For more information, please visit www.itcglobal.net.
About Broadpoint
Broadpoint is a subsidiary of Cellular One of Louisiana, Texas, Oklahoma and Montana, a premier cellular communications provider. Broadpoint provides voice and data communications services throughout the Gulf of Mexico through its advanced cellular communications network. Broadpoint operates and maintains the only offshore wireless communications network that covers more than 100,000 square miles in the Gulf of Mexico. For more information, please visit www.broadpointinc.com.
Contacts:
Media Contact:
ITC Global
Paul Sliwa
+1.727.898.3835
psliwa@itcglobal.net
or
Broadpoint
Jennifer
Medcalf
+1.281.501.4769
jmedcalf@broadpointinc.com
