SpeedCast (ASX:SDA) says the joint venture, with an unnamed Ghanaian company, will enable it to expand Pan-African high-quality coverage and strengthens its commitment to the region.
The company says the commitment builds on its existing presence in Algeria, Libya, Nigeria, Kenya and Angola, and places it in a prime strategic position to meet Africa’s growing need for high-quality communication services over fibre, wireless and satellite.
The Ghana deal follows SpeedCast’s announcement in June that it had integrated with Inmarsat’s Fleet Xpress service to offer a new service worldwide through the SpeedCast global sales network, providing its customers with an alternative solution for their global communication needs.
SpeedCast Ghana managing director Bill Green says the joint venture announced on Wednesday will broaden SpeedCast’s service offerings, increasing reach and reinforcing the company’s expansion within the continent to provide a managed network throughout Africa.
“Based on our existing business servicing energy customers offshore in Ghana, along with the anticipated growth in the region, we are delighted to have a local partner with an already extensive oil and gas sector presence,” Green says.
“An important part of SpeedCast’s energy strategy is to anticipate oilfield trends and proactively build support networks in these countries to ensure we’re providing our customers with world-class service and support. We are now well equipped to expand into Ghana, providing efficient, reliable and cost-efficient communications services, while underpinning HSE on and offshore and satisfying local content laws, allowing knowledge and technology transfer to Ghanaians.”