| High throughput, low latency satellite network achieves unprecedented growth across industries and geographies
ST. HELIER, Jersey - Tuesday, October 6th 2015 [ME NewsWire]
(BUSINESS WIRE)-- O3b Networks today announced that over its first year of commercial operation, the company’s high throughput, low latency satellite network has become the fastest growing in satellite history. O3b has contracted more capacity in the inaugural year of operation than any other satellite operator with a foothold in Africa, South Central Asia, the Middle East, South East Asia, the Pacific, South America, North America and Europe.
O3b is now providing fiber-like connectivity to Mobile Network Operators (MNOs) to expand 3G and 4G/LTE services to rural populations, ISPs to provide true broadband on isolated island chains, cruise lines to bring guests and crew high-speed broadband and mobile connections, Oil and Gas companies to reduce costs and improve crew welfare and governments to add flexibility to services and gain significant strategic advantage.
O3b’s first year anniversary achievements include:
12 satellites in orbit
Initial constellation capacity of 192 Gbps
40 customers in service
31 countries with live customers
Already, the capacity that O3b has sold is equivalent to nearly 10% of the contracted capacity of the three largest Fixed Satellite Service (FSS) operators combined.
O3b Networks operates a Medium Earth Orbit (MEO) satellite constellation, which at 8000 km, is much closer to the earth than traditional geostationary (GEO) satellites. The lower altitude greatly reduces latency, decreasing response times and improving voice and video quality as well as enabling an array of cloud services. O3b satellites achieve extremely high throughput, making its satellite service an ideal solution when fiber is impractical or unreliable.
Supporting Quotes:
Steve Collar, CEO, O3b Networks “Our first year of commercial service has been phenomenal. We couldn’t be happier to see the impact that O3b has had on our customers and their businesses. The breadth of industries and geographies that our customers span reflects the broad based demand for high performance connectivity and we are excited to help our customers take their network capabilities to another level.”
Philippe Israel, Managing Director, Raga Sat: "The experience was absolutely mind boggling… I couldn’t be more thrilled for our customers to finally have the type of technology that is comparable to what they have in the western world."
Susan Bonner, VP Onboard Revenue, RCCL: "It is a game changer for us, it is also a game changer for the guests we're going to attract to come on board. It enables us to provide the same level of connectivity as they experience in their homes today."
Michael A Iwanow, CEO, MEOSAT: "With the key features that O3b offers, with the lowest latency and uptime of almost 100 percent, we can deliver the market what the market needs."
About O3b Networks Limited
O3b Networks Limited is a global satellite service provider operating a next-generation satellite network for telecommunications operators, Internet service providers, enterprise and government customers in emerging markets. The O3b system combines the global reach of satellite with the speed of a fiber‐optic network providing billions of consumers and businesses in nearly 180 countries with low‐cost, high‐speed, low latency Internet and mobile connectivity. O3b Networks’ investors include SES, Google, Liberty Global, HSBC Principal Investments, Northbridge Venture Partners, Allen & Company, Development Bank of Southern Africa, Sofina, Satya Capital and Luxempart. O3b Networks is headquartered in St. Helier, Jersey, Channel Islands.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51195269&lang=en
Contacts
O3b Marketing
Jason Wauer
pr@o3bnetworks.com
SpeakerBox Communications for O3b
Kate Nesbitt, 703-287-7814
knesbitt@speakerboxpr.com
Permalink: http://me-newswire.net/news/15916/en
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