SpeedCast acquires Australian Satellite Communications
One of the leading telecommunications providers in Asia, Africa, and the Middle East acquired Adelaide-based Australian Satellite Communications. SpeedCast, with offices in Hong Kong, Malaysia, and the Middle East, has completed its purchase of ASC, as part of its strategy for global expansion and growth.
ASC has been delivering satcom services to various sectors down under, including the mining, oil and gas, and construction industry. Maritime vessels and government agencies also rely on the company for network solutions.
SpeedCast on the other hand, delivers managed network services to 30 countries and boasts of an international presence along with operating 16 teleports across the globe. The company has been leveraging satellite communications technology to provide powerful and reliable networks across its target regions, and the latest acquisition will see SpeedCast penetrate the all-important Australian market.