SES sells maritime reseller unit to NSSL
December 7, 2018
By Chris Forrester
UK-based NSSL Global has bought SES’s ‘Station 711’ business unit, which was part of the SES-owned MX1 play-out and content management division.
Station 711 itself is a fully-fledged Inmarsat Tier 1 Distribution Partner and Value-Added Reseller for Inmarsat’s FleetBroadband and Global Xpress satellite operations. Station 711 has been servicing maritime customers for the last twenty years in Europe, the Middle East and Asia.
NSSLGlobal will, as part of the acquisition, take over all activities of Station 711 including smart@sea, crewtalk and Station 711s Customer Network Infrastructure.
The purchase wrapped on November 30th. Financial details were not revealed. ‘Station 711’ was originally part of RR Media, which SES acquired in 2016.
Founded in 2000, Station711 offers complete satellite communication service packages, including customised solutions helping its customers increase efficiency and profitability. NSSL/Global’s revenue for 2017 was £79.3 million, with a gross profit of £24.8 million..
Henrik Christensen, CEO, NSSLGlobal/Continental Europe says: “With this acquisition NSSLGlobal gains access to new customers, markets and innovative solutions, and thus consolidates its position as one of the world’s premier maritime satellite communication providers servicing more than 3,000 vessels globally with L-band, Ku-band and Ka-band services.”
NSSL Global’s shareholders are Arendals Fossekompani ASA (80 per cent) with the company’s management team owning the balance.