Business · Datacenter Dynamics
Speedcast sells satellite ground station infrastructure to EQT
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Satellite communications firm Speedcast has sold its ground station infrastructure to investment firm EQT.
Key facts
- The acquired business comprises 12 teleports across 11 countries and five continents, and more than 100 staff
- The company serves more than 350 customers in approximately 50 countries and more than 1,100 maritime vessels and offshore rigs
- Its network of 35 owned and partner teleports connects to an integrated fiber optic MPLS backbone spanning 32 points of presence (PoPs), providing uplink and downlink to 95 satellite networks
- Microsoft sold off its ground station infrastructure to Space Leasing International after ending its Azure Orbital ground station service in 2025
Summary
EQT Infrastructure VI and SatPort Infrastructure this week announced that SatPort has completed the acquisition of the teleport infrastructure business from Speedcast. The acquired business comprises 12 teleports across 11 countries and five continents, and more than 100 staff. “The completion of this transaction positions Speedcast to continue to benefit from reliable, world-class ground infrastructure, while allowing us to focus on delivering our core connectivity services and innovating for customers through development of our SIGMA intelligent Edge platform,” said Ross Rosenberg, CEO of Speedcast. SatPort was formed by EQT Infrastructure to provide ground infrastructure for satellite constellations.