London, United Kingdom – Speedcast International Limited (ASX:SDA), the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, is pleased to announce that Standard & Poor’s Dow Jones Indices has added Speedcast to the S&P/ASX 200, effective after the close of market on 19 June 2017.
Speedcast listed on ASX in August 2014 at a market capitalisation of A$235.5 million.
Speedcast was added to the S&P/ASX 300 on 18 March 2016 and the company’s continued expansion, including the acquisition of Harris Caprock in January 2017, has resulted in its market capitalisation increasing to over A$920 million.
About Speedcast International Ltd:
Speedcast International Ltd (ASX:SDA) is the world’s most trusted provider of highly reliable, fully managed, end-to-end remote communication and IT solutions. The company utilizes an extensive worldwide footprint of local support, infrastructure and coverage to design, integrate, secure and optimize networks tailored to customer needs. With differentiated technology, an intense customer focus and a strong safety culture, Speedcast serves more than 2,000 customers in over 140 countries via 39 teleports, including offshore rigs and cruise ships, 10,000+ maritime vessels and 4,500+ terrestrial sites. Speedcast supports mission-critical applications in industries such as maritime, oil and gas, enterprise, media, cruise and government. Learn more at www.speedcast.com.