PARIS — Mobile satellite services provider Inmarsat revenue dropped by 7.9% in 2020 compared to the previous year as the company’s maritime and aviation businesses both suffered from Covid-related shutdowns, Inmarsat said.
Among the few bright spots for the year was London-based Inmarsat’s U.S. government business, which was up 10.1% from the sale of both narrowband L-band and broadband Ka-band services from Inmarsat’s fleet.
Outside the United States, Inmarsat’s government revenue dropped 5# on lower hardware sales and reduced . . .
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