Menu
Menu
World Reach subsidiary ships first ISatDock units

World Reach subsidiary ships first ISatDock units

Telecom equipment provider World Reach (ASX:WRR) has revealed its subsidiary, Beam Communications, has entered the shipping phase for its first Inmarsat docking stations.

Inmarsat said the sales of its ISatDock docking stations for Inmarsat satellite phones are expected to exceed $7 million over the first two years of deployments.

The company had already taken over $500,000 worth of pre-orders for the docking stations from Inmarsat's strategic distributions, World Reach Managing Director Michael Capocchi said.

WRR shares are today trading 16.7% lower at $0.005.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Error: Please check your email address.

Tags product launchASX:WRRsatelliteinmarsatWorld ReachBeamPerry Melton

Show Comments

Market Place