Inmarsat earnings up
March 16, 2009
British satellite communications firm Inmarsat has reported its 2008 earnings grew 12.5 per cent, in line with forecasts, and said it saw solid revenue growth in 2009.
The company, which owns 11 satellites providing mobile phone and broadband coverage around the world, posted EBITDA of $431.6 million last year, on revenue up around 14 per cent at $634.7 million.