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Acquiring Minds Want To Know…CETel To Buy SeaMobile Europe

February 7, 2011

[SatNews] CETel (Central European Telecom Services), the German Teleport & Satellite Service Provider, has entered into an agreement to acquire SeaMobile Europe. Closing of the transaction is expected to occur in March 2011. SeaMobile Europe, a company of the SeaMobile Inc. family, provides broad product portfolio of satellite services comprising of Geolink, VSAT, Iridium and Inmarsat satellite services for governmental, corporate and maritime businesses, and is known in the African region, especially in the French speaking markets.

Within these regions, SeaMobile is a key supplier of satellite-based communications services for NGOs, government institutions, oil and gas, and mining companies. With this imminent acquisition, CETel will expand its service portfolio and customer base to consolidate its market position in Africa and the Middle East as well as in the mobile and maritime business.

The acquisition will allow CETel to combine the expertise of both companies and to provide customers with strong system integration capabilities and best-in-class end-to-end solutions. Furthermore, it will further strengthen their position in the Middle East and African markets. The migration of all involved services and personnel is expected to be finished by the end of the second quarter this year.

“We are very happy about this acquisition and broader cooperation as this strengthens our portfolio, particularly for integrated end-to-end solutions. At the same time, we are extending our core business with additional important services and state-of-the-art technologies“, states Martin Terlunen, Managing Director and co-founder of CETel.

The acquisition will represent an expansion of the expertise of two key service providers well established in the European, Middle East and African regions, in an effort to develop and further provide competitive, reliable and quality turnkey satellite solutions. CETel’s portfolio will be enlarged by the following services: Network Design & VSAT Operation in the oil, gas & mining industry: Maritime Satellite Services: Mobile application services with Inmarsat & Iridium: and Advanced TDMA Solutions.

Filed Under: Mergers & Acquisitions

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