March 27, 2008
Vizada Sells GMPCS Personal Communications, Inc.
Vizada, the leading provider of global satellite communications solutions with more market share on more satellite networks than any other provider, today announced the sale of its affiliate, GMPCS Personal Communications, Inc., to a private investor. Terms of the sale are not being disclosed.
A member of the Vizada group of companies since August of 2004, GMPCS Personal Communications is a major international distributor of mobile and fixed satellite phone equipment and services using the Inmarsat, Iridium, Globalstar, and Thuraya satellite networks.
"Vizada is fully committed to selling its services through distributors and channel partners," said Bob Baker, President and COO of Vizada Americas. "For this reason, it made sense to sell GMPCS and focus on our core business strengths and excellent channel relationships."
Vizada is the worldwide leading provider of satellite communications, with more than $600 million in 2007 revenue and more market share on more satellite networks than any other satellite communications provider in the world. Vizada customers include 7,500 commercial, military and business aircraft, more than 30,000 merchant shipping vessels, emergency response teams, government and military units, acclaimed news gathering organizations, and Fortune 500 companies. Vizada offers fixed and mobile communications services using multiple satellite network operators, including, Eutelsat, Inmarsat, Intelsat, Iridium, Loral, New Skies, SES Americom and Thuraya. Gateway access to these networks is made possible through the Vizada Global Teleport Network -- five state-of-the-art facilities strategically positioned around the world. Vizada also offers Vizada Solutions™, leading edge technologies for IP networking, messaging, business tools, prepaid solutions, fixed2mobile services and secure communications. Vizada has regional centers of operation located in Rockville, Maryland for the Americas and Paris, France for Europe, Middle East, Africa and Asia. For more information, visit www.vizada.com.