Speedcast expands relationship with Royal Caribbean Cruises

Company News

by Jessica Amir

Speedcast International (ASX:SDA) has extended its relationship with Royal Caribbean Cruises to increase bandwith delivered to 37 ships.

The company is the one of world’s largest providers of remote communication and IT solutions. It serves more than 2 thousand customers in over 140 countries in sectors such as energy, mining, media and government.

Royal Caribbean Cruise Lines is the largest consumer of satellite bandwidth in the cruise industry and their relationship dates back to 2006.

Shares in Speedcast International (ASX:SDA) are trading 1.52 per cent higher at $5.36
 

Jessica Amir

Finance News Network
Jessica is a senior finance journalist and presents the Market Outlook, Market at Midday and Market Wrap. She also presents ASX company news and interviews CEOs. She joined FNN in January 2017 with six years of broadcast journalism experience. She worked as a journalist and producer with Sky News Business, ABC 1, ABC's The Business and ABC24. She also worked in regional Australia for Prime 7 and WIN News as a TV reporter. In her prior life she worked as a financial planner.