The acquisition will benefit the organizations’
combined 1,600 vessels and more than 8,000
land-based customer sites in the most hard to reach
places on all continents and in every ocean.
Customers will represent multiple verticals,
including maritime, energy, cruise lines and
ferries, yachts, non-governmental organizations,
telecommunications providers, global enterprises and
governments.
The combined entity will be one of the largest
independent providers of satellite connectivity
services for both land-based sites and maritime
vessels, worldwide. The company will also be the
largest provider of connectivity services, in some
of the most strategic verticals within the satellite
industry, backed by ABRY Partners, a private equity
firm specializing in funding some of the most
successful communications companies in North
America, with more than $42 billion of completed
transactions.
“Our vision is to create the next generation
mobility platform offering the most reliable, secure
and cost-effective connectivity solutions for people
and businesses on-the-move — and in far reaching
places — on land and at sea – and the acquisition of
MTN makes this vision a reality,” said Abel Avellan
founder and CEO of EMC.
“We are bringing together two global
communications leaders to meet customers’
unprecedented requirements for land-like
connectivity, content and voice services in the
world’s furthest reaching corners,” said Mark
Walter, president and chief operating officer, MTN.
“Our combined talent, networks and product set will
deliver capabilities and scalability no other
provider can offer.”
“Since our customers ask for greater speeds and
exponentially higher throughput every year,
combining into one entity enhances our ability to
bring invaluable solutions, with the highest levels
of service, for business and mission-critical
operations globally,” said Errol Olivier, executive
vice chairman, MTN. “We are excited about the
enhanced scale and global resources we will bring in
our mission to exceed customer demands.”
EMC and MTN have proven track records of
delivering a broad range of transformative
communications solutions. They bring faster,
more efficient Internet, content and cellular
services – including voice, text and 3G Internet
access – for business, personal and critical
missions. The acquisition will leverage
patented and patent-pending solutions, including
optimization, cloud computing and hybrid networks.
This complementary acquisition will expand global
footprints, service centers and teleports, and
invaluable products.
“By integrating EMC and MTN, we will put together
all of the key building blocks to create the most
complete, globally-scalable mobility platform, along
with unique services, truly different from any
provider in the market,” said Avellan.
EMC’s Global Infrastructure and
Value-Added Services
EMC’s global infrastructure features 52 field
support centers, three wholly-owned teleports, and
global satellite capacity available in C-Band,
Ku-Band and Ka-Band, enabling fast installations and
response times for customers worldwide. The
company’s value-added services leverage patented
technology and have transformed the industry with
products such as SpeedNet®, a cloud-based
browser providing a faster internet experience over
satellite.
MTN solutions transform customers’ ability to
lead their markets, deliver quality services to
their own customers, maximize onboard revenue and
operate more efficiently. MTN provides
end-user solutions such as Internet connectivity,
voice services, live global TV and mobile apps.
Enterprise solutions include crew welfare tools, Web
portals and video conferencing. MTN also
delivers a technical toolkit to customers for
management of their own networks and optimization of
their bandwidth. Agnostic when it comes to
product, satellite frequency and architecture, MTN
integrates the most ideal, robust solutions to meet
skyrocketing demands
The agreement is subject to regulatory review and
other customary conditions, and is expected to close
by second quarter of 2015.