January 27, 2015 9:18 AM ET

Diversified Telecommunication Services

Company Overview of O3b Networks Limited

Company Overview

O3b Networks Limited provides satellite services by maintaining a fiber based satellite network. It offers global broadband connectivity, including Internet and mobile connectivity services for telecommunications operators, Internet service providers, enterprises, and government customers in Latin America, Africa, the Middle East, and the Asia Pacific. The company was founded in 2007 and is based in St Helier, Channel Islands with an operational head office in The Hague, Netherlands.

3rd Floor Anley House

Anley Street

St Helier,  JE2 3QE

Channel Islands

Founded in 2007

Phone:

44 1534 828 590

Key Executives for O3b Networks Limited

Chief Executive Officer
Founder
Chief Financial Officer
Age: 59
Director
Age: 51
Executive Vice President and General Counsel
Age: 47
Compensation as of Fiscal Year 2014.

O3b Networks Limited Key Developments

SpeedCast Partners with O3b to Deliver Enhanced Connectivity to Papua New Guinea

SpeedCast International Limited announced that it has entered into an agreement with O3b Networks (“O3b”), where O3b will provide capacity for Papua New Guinea via its innovative Medium Earth Orbit (MEO) satellite constellation. The new service based on O3b capacity will address the growing demand from SpeedCast’s customers in the region and marks the continuation of SpeedCast’s leadership in the Australia-Pacific region. The O3b-based service will allow SpeedCast to deliver high throughput and low latency internet services to local customers. SpeedCast’s high bandwidth new IP Trunk from Port Moresby to the international Internet backbone will enable high throughput voice and data services, whose performance will be similar to or even exceed that of traditional fiber connectivity. O3b’s MEO configuration provides unprecedented low latency in satellite communications of less than 150 milliseconds. The new network will complement SpeedCast’s existing global network, which utilizes traditional Geostationary Earth Orbit (GEO) satellite capacity and is the basis of SpeedCast’s comprehensive coverage. SpeedCast’s traditional network will further serve as a redundant back-up solution in the event of a primary network failure or other type of outage. With redundancy built-in at all layers of its network, SpeedCast can offer its customers unprecedented levels of reliability.

O3b Networks Limited Announces a Multi-Year Agreement to Provide Trunking Services to Solomon Telekom Company

O3b Networks Limited has announced a multi-year agreement to provide trunking services to Solomon Telekom Company. Under the agreement, the Telekom will use the satellite operator as backhaul provider from the Solomon Islands to the internet. The Telekom is currently rolling out ADSL and embarking on 3G implementation to the main Islands. The O3b service will allow the Telekom to increase its bandwidth and improve the speed and quality of service for business and residential customers in Honiara, the capital city of the Solomon Islands and, over time, to the Outer Islands.

O3b Networks Prepares to Launch 4 New Satellites

O3b Networks will launch four new satellites on July 10 in the next stage of its plan to bring broadband connectivity to underserved regions of the world, including Latin America. The launch was pushed back from the original September 2013 date to allow for further testing. Operating in the high-frequency Ka-band, the company launched its first four satellites in June 2013. O3b is planning to reach 3 billion people in over 180 countries with internet connectivity. It expects to launch its third group of satellites in the first quarter of 2015.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 10, 2014
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