Global Eagle Named Fastest-Growing Global Teleport Operator in 2016 Rankings
GEE Receives Rankings in All Three Categories by World Teleport Association
LOS ANGELES, Jan. 19, 2017 (GLOBE NEWSWIRE) -- Global Eagle Entertainment Inc. (GEE) (NASDAQ:ENT) was named the fastest-growing global satellite teleport operator by revenue in the 2016 rankings published by the World Teleport Association (WTA).
WTA ranked GEE first in its annual “Fast Twenty” listing, based on year-on-year growth during the last complete fiscal year. The association also ranked GEE number one in its “Independent Top Twenty” and sixth in its “Global Top Twenty.” The GEE revenue figures for the WTA rankings included Emerging Markets Communications (EMC), which GEE acquired in July 2016. EMC was also ranked first in the “Fast Twenty” listing for the previous year.
The WTA published its annual lists of the Top Teleport Operators of 2016 on Jan. 6. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world, as well as referencing the published results of publicly held companies.
“The WTA rankings cap off a memorable and productive year for GEE in the fast-growing, global market for mobile satellite communications,” said Dave Davis, chief executive officer of GEE. “It underscores the collective abilities of our best-in-class engineering team, network infrastructure, patented technologies, differentiating products, worldwide technical support and seamless connectivity solutions that cover the globe.”
GEE’s acquisition of EMC created one of the world’s largest providers of satellite-based connectivity and content services. GEE owns and operates one of the world’s most advanced global mobility platforms, leveraged through its hybrid satellite-terrestrial broadband network, featuring 31 fully meshed, multiprotocol label switching (MPLS) interconnected teleports. Of these, GEE owns and operates three: the European Teleport in Raisting, Germany; the U.S. Teleport in Holmdel, N.J.; and the Asia-Pacific Teleport in Kapolei, Hawaii. In addition, GEE operates 18 teleports in 15 countries under teaming agreements with third-party companies. GEE also maintains 7 network operations centers in North and South America, Europe and the Middle East, providing 24/7 technical support.
About Global Eagle Entertainment (GEE)
Global Eagle Entertainment Inc. (NASDAQ:ENT) is a leading provider of satellite-based connectivity and media to fast-growing, global mobility markets across air, land and sea. Supported by proprietary and best-in-class technologies, GEE offers a fully integrated suite of rich media content and seamless connectivity solutions that cover the globe. With approximately 1,500 employees and 50 offices on six continents, GEE delivers exceptional service and rapid support to a diverse base of customers around the world. Find out more at: www.geemedia.com.
Media Contacts: Kevin Trosian Senior Vice President, Corporate Development and Investor Relations +1 310-740-8624 investor.relations@geemedia.com (Investor queries) Jim Rhodes Rhodes Communications, Inc. +1 757-451-0602 jrhodes@rhodescomm.com (Press queries)
Released January 19, 2017