Telenor Launches Marlink - A New Company to Provide Global Mobile Satellite Communication Services for the Maritime Sector.Business Editors/Hi-Tech Writers OSLO, Norway--(BUSINESS WIRE)--March 19, 2002 Telenor Satellite Services announced today that it has formed a new company, Marlink, to provide a wide range of mobile satellite communication services, mainly for customers in the maritime sector. Marlink will act as a 'multi-supplier' of mobile satellite airtime air·time n. 1. The time during which a radio or television station is broadcasting. Also called airspace. 2. The time at which a radio or television program is broadcast. providing communication services from a number of suppliers, including but not limited to Telenor. Marlink will also provide traffic accounting services, hardware and value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. . "Marlink will be able to provide customers with flexible communication package solutions matching their specific needs and choices in this rapidly changing market. By operating under its own brand name, it will have a stronger position in the market, said Tore Hilde, general manager of Telenor Satellite Services. "In launching the new company, our focus is on increasing the portfolio of services available to our customers, as well as on becoming the interface between the maritime industry and the mobile satellite services industry," says Soren Einshoj, Managing Director of Marlink. Marlink brings together the retail arm of Telenor Satellite Services and SAIT See AIT. Communications, one of the world's largest accounting authorities, which Telenor acquired in 2001. The business currently serves around 8,000 vessels worldwide and had revenues in 2001 of nearly US$ 100 million, making it one of the world's largest global mobile satellite service providers. It has offices in 10 key locations for the maritime market: Amsterdam, Athens, Brussels, Dubai, Hamburg, Houston, London, Oslo, Singapore and Tokyo. Background information: Telenor's Satellite Services business unit is the world's leading provider of global mobile satellite communications via the Inmarsat satellite system and is the only Inmarsat service provider with its own global network of earth stations. Telenor offers high-quality voice, data, e-mail, fax and telex services via Inmarsat and earth stations located at Eik in Norway, and at Southbury, Connecticut Southbury is a town located in western New Haven County, Connecticut, United States north of Oxford and Newtown and east of Brookfield. The population was 18,567 at the 2000 census. , and Santa Paula, California Santa Paula is a city within Ventura County, California, United States. The population was 28,598 at the 2000 census. It has been dubbed the "Citrus Capital of the World." As the initial headquarters of the company that became Unocal, it was one of the early centers of in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Additionally, Telenor is the largest single shareholder of Inmarsat Ventures plc, holding the maximum allowable of 15 percent. Telenor (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :TELN) is a worldwide provider of high quality telecommunications, data and media communications services, with a particularly strong focus on mobile, Internet and broadband services See broadband and broadband service provider. . Headquartered in Oslo, Norway, the company is present in over 30 countries, has more than 21,000 employees, and had revenues in excess of US$4.5 billion in 2001. Internationally, Telenor has over the last several years steadily increased its investments within mobile, Internet, TV-distribution and satellite communications. www.telenor.com/satellite |
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