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SpeedCast Buys Up NewSat’s Teleport and Satellite Services Business

Friday, July 10, 2015   (0 Comments)
Posted by: Via Satellite
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SpeedCast International has acquired the assets of the teleport and satellite services business from the financially troubled NewSat. The assets include the land and buildings at NewSat’s teleport facilities in Adelaide and Perth, Australia, the associated plant and equipment, as well as most of the customer and supplier contracts. SpeedCast is also retaining 20 key employees, in the operations and engineering department and in sales, including in the United States.

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