Latest Rignet Inc (RNET) Headlines
RigNet to Present at the Deutsche Bank 2014 Media, Internet and Telecom Conference
GlobeNewswire - Fri Mar 07, 2:59AM CST
RigNet, Inc. (Nasdaq:RNET), will be attending the Deutsche Bank 2014 Media, Internet and Telecom Conference, which is taking place March 10-12 in Palm Beach, Florida. Mark Slaughter, Chief Executive Officer and President, is scheduled to present at 9:25 a.m. Eastern Daylight Time (8:25 a.m. CDT) on Monday, March 10, 2013.
Why RigNet Inc.'s Shares Popped Today
Travis Hoium, The Motley Fool - Motley Fool - Thu Mar 06, 12:00PM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of RigNet jumped 10% briefly this morning...
Why RigNet (RNET) Is Soaring on Thursday
at The Street - Thu Mar 06, 8:32AM CST
RigNet (RNET) shares are soaring Thursday after posting above-consensus earnings and sales for its fourth quarter.
RigNet Announces Fourth Quarter and Full Year 2013 Earnings Results
GlobeNewswire - Wed Mar 05, 3:06PM CST
-- Record quarterly revenue of $59.7 million, a 21.2% increase over the same quarter last year and a 5.0% increase over the previous quarter
RigNet Announces Fourth Quarter and Full-Year 2013 Earnings Release Date and Conference Call Information
GlobeNewswire - Thu Feb 20, 3:01PM CST
RigNet, Inc. (Nasdaq:RNET), today announced that it will release its fourth quarter and full-year 2013 earnings results after the NASDAQ Exchange closes Wednesday, March 5, 2014. This release will be followed by a conference call for investors on Thursday, March 6, 2014, at 11:00 a.m. Eastern Standard Time (10:00 a.m. CST) to discuss RigNet's fourth quarter and year-end results. Hosting the call will be Mark Slaughter, Chief Executive Officer and President, and Marty Jimmerson, Chief Financial Officer.
Global Satellite Communication in the Oil and Gas Industry 2014-2018: Harris CapRock, Inmarsat, KVH, Rignet & Vizada Dominate the Industry
M2 - Wed Feb 19, 9:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/65mqlk/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" report to their offering. Currently, almost 135 UDW rigs are being operated in the Atlantic Ocean. The number of UDW rigs is expected to reach 220-230 units by 2018. Geographically, these rigs will be placed in very risky offshore locations such as in the Indian Ocean, the Pacific Ocean nearer to China, and the Atlantic Ocean nearer to Canada and Greenland. UDW is a very complex exploration process that requires very high safety as well as efficient operational performance. In addition, it requires a large amount of integrated real-time process automation associated with high risks. Hence, UDW rigs require highly reliable broadband networks. Further, as the UDW market is expanding, there is a need for robust and remote communication services in new areas. Thus, satellite communication for UDW exploration is an emerging trend that is expected to propel the growth of the market. According to the report, one of the main drivers in this market is the challenging environment of oil and gas rigs. Most of the oil and gas exploration and drilling works are carried out in remote places such as deserts, where the temperature shifts from -10 degrees Celsius to almost 50 degrees Celsius; offshore oil and gas drilling rigs, where wind, rain, and waves make for an incredibly hostile workplace; and deep-water oil and gas exploration, where the depth plays a hostile environment. Further, the report states that one of the major challenges in this market is the increasing adoption of fiber optic connectivity. Most of the E&P companies are adopting fiber optics communication as an alternative to satellite communications. In addition, many companies with onshore rigs are adopting terrestrial fiber optics connections for backup networks during emergency situations. Recently, BP rolled out a 1,280-kilometer fiber network in the Gulf of Mexico. The key vendors dominating this market space are: - Harris CapRock Communications Inc. - Inmarsat plc. - KVH Industries Inc. - RigNet Inc. - Vizada Inc. Other vendors mentioned in the report are: - APT Satellite Company Ltd. - C-Com Satellite Systems Inc. - DTS Inc. - Hermes Datacommunications International Ltd. - Hughes Satellite Systems Corp. - ITC Global, Inc. - Orange Business Services - Singapore Telecommunications Ltd. - STM Group, Inc. - Telespazio SpA. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Revenue Segmentation 08. In-Service Unit Segmentation 09. Bandwidth Segmentation 10. Geographical Segmentation 11. Buying Criteria 12. Market Growth Drivers 13. Drivers and their Impact 14. Market Challenges 15. Impact of Drivers and Challenges 16. Market Trends 17. Trends and their Impact 18. Vendor Landscape 19. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/65..._satellite
Ubiquiti Beats On Wi-Fi Sales In Emerging Markets
at Investor's Business Daily - Fri Feb 07, 9:04AM CST
Ubiquiti Networks (UBNT) reported fiscal Q2 results that topped estimates and forecast current-quarter profit and sales above views, sending its shares up. San Jose, Calif.-based Ubiquiti Networks, which sells wireless networking gear to rural,...
RigNet Completes Acquisition of Inmarsat's Energy Broadband Business
GlobeNewswire - Mon Feb 03, 5:03AM CST
RigNet, Inc. (Nasdaq:RNET), a leading global provider of managed remote communications solutions to the oil and gas industry, today announced that it has completed a strategic transaction with Inmarsat plc (LSE:ISAT.L), the leading provider of global mobile satellite services (MSS), involving the sale of substantially all of Inmarsat's Energy Broadband business to RigNet and the appointment of RigNet as a Value Added Reseller of Inmarsat's Global Xpress (GX) service and as a Distribution Partner for Inmarsat's L-band services to the energy sector worldwide.
Global Maritime VSAT Market Report, 2016
M2 - Tue Jan 28, 11:36AM CST
Research and Markets (http://www.researchandmarkets.com/research/tr78ws/global_maritime) has announced the addition of the "Global Maritime VSAT Market Report, 2016" report to their offering. One of the main drivers in this market is the need to reduce operational cost. VSAT services help operators in the Shipping industry to reduce their operational costs. Previously, an L-band dial-up connection was the only technology available to provide broadband services to crew members. However, the main drawback of L-band systems is the high cost of data transfer. This resulted in high overall operational cost because vessel operators used high bandwidth applications such as ERP software to transfer large data files. In recent years, the expansion of terrestrial networks, cellular networks, and microwave and satellite coverage in several continents has increased significantly. Although maritime communication has improved over the years, it still lags behind the advanced communication technology used on land. The convergence of voice, video, and data to all-IP networks has simultaneously simplified the users' requirement. However, the users now know that it is possible to connect every device and data source on a ship to a single network, and they expect that solutions should be as simple as their home enterprise solutions. However, the IP revolution has also driven an explosion of new products and services. In recent years, the demand for broadband services in the Maritime industry is increasing rapidly due to the growing adoption of IP-based applications for a seamless connection with the land-based operations. In addition, commercial vessels require high-speed connections to run on-board business, maintain vessel management, and maintenance applications. Further, for retaining crew members, several vessel owners are providing on-board broadband internet connection and VoIP connectivity. Further, the report states that one of the major challenges in this market is the presence of on-board technical issues. For instance, the interruption of VSAT services due to rain fade is one of the major issues faced by maritime VSAT vendors. Rain fade refers to the absorption of microwave radio frequency signals by rain drops, which causes a disruption of network connectivity. The key vendors dominating this market space are: - Comtech Telecommunications Corp. - Hughes Satellite Systems Corp. - STM Networks Inc. - ViaSat Inc. - VT iDirect Inc. - Harris CapRock Communications Inc. - Inmarsat Plc. - KVH Industries Inc. - MTN Satellite Communications Inc. - RigNet Inc. - Vizada Inc. Key Topics Covered: 01. Executive Summary 02. Scope of the Report 03. Market Research Methodology 04. List of Abbreviations 05. Introduction 06. Technical Specifications 07. Market Landscape 08. Maritime VSAT Market Segmentation 09. Maritime VSAT Service Market Segmentation by Technology 10. Global Maritime VSAT Terminals 11. Maritime VSAT Terminals Segmentation by Technology 12. Geographical Segmentation 13. Buying Criteria 14. Market Growth Drivers 15. Drivers and their Impact 16. Market Challenges 17. Impact of Drivers and Challenges 18. Market Trends 19. Trends and their Impact 20. Vendor Landscape by Maritime VSAT Platform 21. Key Vendor Analysis - Maritime VSAT Platform 22. Vendor Landscape - Maritime VSAT Operators 23. Key Vendor Analysis - Maritime VSAT Platform For more information visit http://www.researchandmarkets.com/research/tr...l_maritime
Court Affirms Access Bank's Appointee to Manage Tejuosho Market
All Africa Global Media - Wed Jan 22, 1:37AM CST
A Federal High Court, Lagos on Monday affirmed the appointee of Access Bank Plc, Mr. Kunle Ogunba (SAN), as manager of the property of Tejuosho Ultramordern Market Phase 1, Yaba, Lagos, pending when the proceeds from the market will offset its developer's debt to the bank.
Geoforce Announces Executive & Board Appointments
PR Newswire - Mon Jan 06, 7:00AM CST
Geoforce, Inc., a global leader in equipment "track and trace" and asset utilization solutions for the oil and gas industry, announced the appointment today of Mark Slaughter to the company's Board Of Directors, as well as Roopa S. Misra as Senior Vice President of Customer Operations. The appointments are effective December 9, 2013, and January 6, 2014, respectively.
Nasdaq stocks posting largest percentage decreases
AP - Thu Jan 02, 5:03PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
Global Satellite Communication Market in the Oil and Gas Industry 2014-2018: The Number of UDW Rigs are Expected to Reach 220-230 Units By 2018
M2 - Fri Dec 13, 6:12AM CST
Research and Markets (http://www.researchandmarkets.com/research/h6xltv/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" report to their offering. The analysts forecast the Global Satellite Communication market in the Oil and Gas industry to grow at a CAGR of 5.74 percent over the period 2013-2018. One of the key factors contributing to this market growth is the challenging environment of oil and gas rigs. The Global Satellite Communication market in the Oil and Gas industry has also been witnessing the use of satellite communication for the ultra-deep water exploration. However, the increasing adoption of fiber optics connectivity could pose a challenge to the growth of this market. The key vendors dominating this market space are Harris CapRock Communications Inc., Inmarsat plc., KVH Industries Inc., RigNet Inc., and Vizada Inc. Other vendors mentioned in the report are APT Satellite Company Ltd., C-Com Satellite Systems Inc., DTS Inc., Hermes Datacommunications International Ltd., Hughes Satellite Systems Corp., ITC Global, Inc., Orange Business Services, Singapore Telecommunications Ltd., STM Group, Inc., and Telespazio SpA. Commenting on the report, an analyst from the team said: Currently, almost 135 UDW rigs are being operated in the Atlantic Ocean. The number of UDW rigs is expected to reach 220-230 units by 2018. Geographically, these rigs will be placed in very risky offshore locations such as in the Indian Ocean, the Pacific Ocean nearer to China, and the Atlantic Ocean nearer to Canada and Greenland. UDW is a very complex exploration process that requires very high safety as well as efficient operational performance. In addition, it requires a large amount of integrated real-time process automation associated with high risks. Hence, UDW rigs require highly reliable broadband networks. Further, as the UDW market is expanding, there is a need for robust and remote communication services in new areas. Thus, satellite communication for UDW exploration is an emerging trend that is expected to propel the growth of the market. According to the report, one of the main drivers in this market is the challenging environment of oil and gas rigs. Most of the oil and gas exploration and drilling works are carried out in remote places such as deserts, where the temperature shifts from -10 degrees Celsius to almost 50 degrees Celsius; offshore oil and gas drilling rigs, where wind, rain, and waves make for an incredibly hostile workplace; and deep-water oil and gas exploration, where the depth plays a hostile environment. For more information visit http://www.researchandmarkets.com/research/h6..._satellite About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Ceragon Networks (CRNT) Catches Eye: Stock Jumps 6.8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Dec 10, 7:32AM CST
Ceragon Networks Ltd. (CRNT) was a big mover last session, as the company saw its shares rise close to 7% on the day.
RigNet to Present at the Cowen 2013 Ultimate Energy Conference
GlobeNewswire - Mon Nov 25, 3:00PM CST
RigNet, Inc. (Nasdaq:RNET), announced today that Mark Slaughter, Chief Executive Officer and President, will present at the Cowen 2013 Ultimate Energy Conference in New York on Tuesday, December 3, at 7:00 a.m. CST (8:00 a.m. EST).
RigNet to Present at Bank of America Merrill Lynch 2013 Global Energy Conference
GlobeNewswire - Mon Nov 18, 11:52AM CST
RigNet, Inc. (Nasdaq:RNET), announced today that Marty Jimmerson, Chief Financial Officer, will present at the Bank of America Merrill Lynch 2013 Global Energy Conference in Miami, Florida, on Friday, November 22, at 10:15 a.m. CST (11:15 a.m. EST).
RigNet to Present at Jefferies 2013 Global Energy Conference
GlobeNewswire - Tue Nov 05, 12:25PM CST
RigNet, Inc. (Nasdaq:RNET), announced today that Mark Slaughter, Chief Executive Officer and President, will present at the Jefferies 2013 Global Energy Conference in Houston, Texas, on Wednesday, November 13, at 9:00 a.m. CST (10:00 a.m. EST).
RigNet Announces Third Quarter 2013 Earnings Results
GlobeNewswire - Mon Nov 04, 5:13PM CST
-- Record quarterly revenue of $56.9 million, an 18.6% increase over the same quarter last year and a 10.8% increase over the previous quarter
RigNet to Present at the Deutsche Bank 2014 Media, Internet and Telecom Conference
GlobeNewswire - Fri Mar 07, 2:59AM CST
RigNet, Inc. (Nasdaq:RNET), will be attending the Deutsche Bank 2014 Media, Internet and Telecom Conference, which is taking place March 10-12 in Palm Beach, Florida. Mark Slaughter, Chief Executive Officer and President, is scheduled to present at 9:25 a.m. Eastern Daylight Time (8:25 a.m. CDT) on Monday, March 10, 2013.
Why RigNet Inc.'s Shares Popped Today
Travis Hoium, The Motley Fool - Motley Fool - Thu Mar 06, 12:00PM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of RigNet jumped 10% briefly this morning...
Why RigNet (RNET) Is Soaring on Thursday
at The Street - Thu Mar 06, 8:32AM CST
RigNet (RNET) shares are soaring Thursday after posting above-consensus earnings and sales for its fourth quarter.
RigNet Announces Fourth Quarter and Full Year 2013 Earnings Results
GlobeNewswire - Wed Mar 05, 3:06PM CST
-- Record quarterly revenue of $59.7 million, a 21.2% increase over the same quarter last year and a 5.0% increase over the previous quarter
RigNet Announces Fourth Quarter and Full-Year 2013 Earnings Release Date and Conference Call Information
GlobeNewswire - Thu Feb 20, 3:01PM CST
RigNet, Inc. (Nasdaq:RNET), today announced that it will release its fourth quarter and full-year 2013 earnings results after the NASDAQ Exchange closes Wednesday, March 5, 2014. This release will be followed by a conference call for investors on Thursday, March 6, 2014, at 11:00 a.m. Eastern Standard Time (10:00 a.m. CST) to discuss RigNet's fourth quarter and year-end results. Hosting the call will be Mark Slaughter, Chief Executive Officer and President, and Marty Jimmerson, Chief Financial Officer.
Global Satellite Communication in the Oil and Gas Industry 2014-2018: Harris CapRock, Inmarsat, KVH, Rignet & Vizada Dominate the Industry
M2 - Wed Feb 19, 9:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/65mqlk/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" report to their offering. Currently, almost 135 UDW rigs are being operated in the Atlantic Ocean. The number of UDW rigs is expected to reach 220-230 units by 2018. Geographically, these rigs will be placed in very risky offshore locations such as in the Indian Ocean, the Pacific Ocean nearer to China, and the Atlantic Ocean nearer to Canada and Greenland. UDW is a very complex exploration process that requires very high safety as well as efficient operational performance. In addition, it requires a large amount of integrated real-time process automation associated with high risks. Hence, UDW rigs require highly reliable broadband networks. Further, as the UDW market is expanding, there is a need for robust and remote communication services in new areas. Thus, satellite communication for UDW exploration is an emerging trend that is expected to propel the growth of the market. According to the report, one of the main drivers in this market is the challenging environment of oil and gas rigs. Most of the oil and gas exploration and drilling works are carried out in remote places such as deserts, where the temperature shifts from -10 degrees Celsius to almost 50 degrees Celsius; offshore oil and gas drilling rigs, where wind, rain, and waves make for an incredibly hostile workplace; and deep-water oil and gas exploration, where the depth plays a hostile environment. Further, the report states that one of the major challenges in this market is the increasing adoption of fiber optic connectivity. Most of the E&P companies are adopting fiber optics communication as an alternative to satellite communications. In addition, many companies with onshore rigs are adopting terrestrial fiber optics connections for backup networks during emergency situations. Recently, BP rolled out a 1,280-kilometer fiber network in the Gulf of Mexico. The key vendors dominating this market space are: - Harris CapRock Communications Inc. - Inmarsat plc. - KVH Industries Inc. - RigNet Inc. - Vizada Inc. Other vendors mentioned in the report are: - APT Satellite Company Ltd. - C-Com Satellite Systems Inc. - DTS Inc. - Hermes Datacommunications International Ltd. - Hughes Satellite Systems Corp. - ITC Global, Inc. - Orange Business Services - Singapore Telecommunications Ltd. - STM Group, Inc. - Telespazio SpA. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Revenue Segmentation 08. In-Service Unit Segmentation 09. Bandwidth Segmentation 10. Geographical Segmentation 11. Buying Criteria 12. Market Growth Drivers 13. Drivers and their Impact 14. Market Challenges 15. Impact of Drivers and Challenges 16. Market Trends 17. Trends and their Impact 18. Vendor Landscape 19. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/65..._satellite
Ubiquiti Beats On Wi-Fi Sales In Emerging Markets
at Investor's Business Daily - Fri Feb 07, 9:04AM CST
Ubiquiti Networks (UBNT) reported fiscal Q2 results that topped estimates and forecast current-quarter profit and sales above views, sending its shares up. San Jose, Calif.-based Ubiquiti Networks, which sells wireless networking gear to rural,...
RigNet Completes Acquisition of Inmarsat's Energy Broadband Business
GlobeNewswire - Mon Feb 03, 5:03AM CST
RigNet, Inc. (Nasdaq:RNET), a leading global provider of managed remote communications solutions to the oil and gas industry, today announced that it has completed a strategic transaction with Inmarsat plc (LSE:ISAT.L), the leading provider of global mobile satellite services (MSS), involving the sale of substantially all of Inmarsat's Energy Broadband business to RigNet and the appointment of RigNet as a Value Added Reseller of Inmarsat's Global Xpress (GX) service and as a Distribution Partner for Inmarsat's L-band services to the energy sector worldwide.
Global Maritime VSAT Market Report, 2016
M2 - Tue Jan 28, 11:36AM CST
Research and Markets (http://www.researchandmarkets.com/research/tr78ws/global_maritime) has announced the addition of the "Global Maritime VSAT Market Report, 2016" report to their offering. One of the main drivers in this market is the need to reduce operational cost. VSAT services help operators in the Shipping industry to reduce their operational costs. Previously, an L-band dial-up connection was the only technology available to provide broadband services to crew members. However, the main drawback of L-band systems is the high cost of data transfer. This resulted in high overall operational cost because vessel operators used high bandwidth applications such as ERP software to transfer large data files. In recent years, the expansion of terrestrial networks, cellular networks, and microwave and satellite coverage in several continents has increased significantly. Although maritime communication has improved over the years, it still lags behind the advanced communication technology used on land. The convergence of voice, video, and data to all-IP networks has simultaneously simplified the users' requirement. However, the users now know that it is possible to connect every device and data source on a ship to a single network, and they expect that solutions should be as simple as their home enterprise solutions. However, the IP revolution has also driven an explosion of new products and services. In recent years, the demand for broadband services in the Maritime industry is increasing rapidly due to the growing adoption of IP-based applications for a seamless connection with the land-based operations. In addition, commercial vessels require high-speed connections to run on-board business, maintain vessel management, and maintenance applications. Further, for retaining crew members, several vessel owners are providing on-board broadband internet connection and VoIP connectivity. Further, the report states that one of the major challenges in this market is the presence of on-board technical issues. For instance, the interruption of VSAT services due to rain fade is one of the major issues faced by maritime VSAT vendors. Rain fade refers to the absorption of microwave radio frequency signals by rain drops, which causes a disruption of network connectivity. The key vendors dominating this market space are: - Comtech Telecommunications Corp. - Hughes Satellite Systems Corp. - STM Networks Inc. - ViaSat Inc. - VT iDirect Inc. - Harris CapRock Communications Inc. - Inmarsat Plc. - KVH Industries Inc. - MTN Satellite Communications Inc. - RigNet Inc. - Vizada Inc. Key Topics Covered: 01. Executive Summary 02. Scope of the Report 03. Market Research Methodology 04. List of Abbreviations 05. Introduction 06. Technical Specifications 07. Market Landscape 08. Maritime VSAT Market Segmentation 09. Maritime VSAT Service Market Segmentation by Technology 10. Global Maritime VSAT Terminals 11. Maritime VSAT Terminals Segmentation by Technology 12. Geographical Segmentation 13. Buying Criteria 14. Market Growth Drivers 15. Drivers and their Impact 16. Market Challenges 17. Impact of Drivers and Challenges 18. Market Trends 19. Trends and their Impact 20. Vendor Landscape by Maritime VSAT Platform 21. Key Vendor Analysis - Maritime VSAT Platform 22. Vendor Landscape - Maritime VSAT Operators 23. Key Vendor Analysis - Maritime VSAT Platform For more information visit http://www.researchandmarkets.com/research/tr...l_maritime
Court Affirms Access Bank's Appointee to Manage Tejuosho Market
All Africa Global Media - Wed Jan 22, 1:37AM CST
A Federal High Court, Lagos on Monday affirmed the appointee of Access Bank Plc, Mr. Kunle Ogunba (SAN), as manager of the property of Tejuosho Ultramordern Market Phase 1, Yaba, Lagos, pending when the proceeds from the market will offset its developer's debt to the bank.
Geoforce Announces Executive & Board Appointments
PR Newswire - Mon Jan 06, 7:00AM CST
Geoforce, Inc., a global leader in equipment "track and trace" and asset utilization solutions for the oil and gas industry, announced the appointment today of Mark Slaughter to the company's Board Of Directors, as well as Roopa S. Misra as Senior Vice President of Customer Operations. The appointments are effective December 9, 2013, and January 6, 2014, respectively.
Nasdaq stocks posting largest percentage decreases
AP - Thu Jan 02, 5:03PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
Global Satellite Communication Market in the Oil and Gas Industry 2014-2018: The Number of UDW Rigs are Expected to Reach 220-230 Units By 2018
M2 - Fri Dec 13, 6:12AM CST
Research and Markets (http://www.researchandmarkets.com/research/h6xltv/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" report to their offering. The analysts forecast the Global Satellite Communication market in the Oil and Gas industry to grow at a CAGR of 5.74 percent over the period 2013-2018. One of the key factors contributing to this market growth is the challenging environment of oil and gas rigs. The Global Satellite Communication market in the Oil and Gas industry has also been witnessing the use of satellite communication for the ultra-deep water exploration. However, the increasing adoption of fiber optics connectivity could pose a challenge to the growth of this market. The key vendors dominating this market space are Harris CapRock Communications Inc., Inmarsat plc., KVH Industries Inc., RigNet Inc., and Vizada Inc. Other vendors mentioned in the report are APT Satellite Company Ltd., C-Com Satellite Systems Inc., DTS Inc., Hermes Datacommunications International Ltd., Hughes Satellite Systems Corp., ITC Global, Inc., Orange Business Services, Singapore Telecommunications Ltd., STM Group, Inc., and Telespazio SpA. Commenting on the report, an analyst from the team said: Currently, almost 135 UDW rigs are being operated in the Atlantic Ocean. The number of UDW rigs is expected to reach 220-230 units by 2018. Geographically, these rigs will be placed in very risky offshore locations such as in the Indian Ocean, the Pacific Ocean nearer to China, and the Atlantic Ocean nearer to Canada and Greenland. UDW is a very complex exploration process that requires very high safety as well as efficient operational performance. In addition, it requires a large amount of integrated real-time process automation associated with high risks. Hence, UDW rigs require highly reliable broadband networks. Further, as the UDW market is expanding, there is a need for robust and remote communication services in new areas. Thus, satellite communication for UDW exploration is an emerging trend that is expected to propel the growth of the market. According to the report, one of the main drivers in this market is the challenging environment of oil and gas rigs. Most of the oil and gas exploration and drilling works are carried out in remote places such as deserts, where the temperature shifts from -10 degrees Celsius to almost 50 degrees Celsius; offshore oil and gas drilling rigs, where wind, rain, and waves make for an incredibly hostile workplace; and deep-water oil and gas exploration, where the depth plays a hostile environment. For more information visit http://www.researchandmarkets.com/research/h6..._satellite About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Ceragon Networks (CRNT) Catches Eye: Stock Jumps 6.8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Dec 10, 7:32AM CST
Ceragon Networks Ltd. (CRNT) was a big mover last session, as the company saw its shares rise close to 7% on the day.
RigNet to Present at the Cowen 2013 Ultimate Energy Conference
GlobeNewswire - Mon Nov 25, 3:00PM CST
RigNet, Inc. (Nasdaq:RNET), announced today that Mark Slaughter, Chief Executive Officer and President, will present at the Cowen 2013 Ultimate Energy Conference in New York on Tuesday, December 3, at 7:00 a.m. CST (8:00 a.m. EST).
RigNet to Present at Bank of America Merrill Lynch 2013 Global Energy Conference
GlobeNewswire - Mon Nov 18, 11:52AM CST
RigNet, Inc. (Nasdaq:RNET), announced today that Marty Jimmerson, Chief Financial Officer, will present at the Bank of America Merrill Lynch 2013 Global Energy Conference in Miami, Florida, on Friday, November 22, at 10:15 a.m. CST (11:15 a.m. EST).
RigNet to Present at Jefferies 2013 Global Energy Conference
GlobeNewswire - Tue Nov 05, 12:25PM CST
RigNet, Inc. (Nasdaq:RNET), announced today that Mark Slaughter, Chief Executive Officer and President, will present at the Jefferies 2013 Global Energy Conference in Houston, Texas, on Wednesday, November 13, at 9:00 a.m. CST (10:00 a.m. EST).
RigNet Announces Third Quarter 2013 Earnings Results
GlobeNewswire - Mon Nov 04, 5:13PM CST
-- Record quarterly revenue of $56.9 million, an 18.6% increase over the same quarter last year and a 10.8% increase over the previous quarter
