Stratos Announces Expansion into Asia-Pacific Region
The group will be lead by Michael P. Smith, the former head of mobile satellite operations for Telstra Corporation Ltd. and will initially consist of employees with substantial experience in mobile satellite sales and marketing. All members of the group will be "hand-picked" by Mr. Smith because of their strong ties to distributors and end-user customers in key vertical markets such as the Maritime, Government and Military and Corporate/Industrial market segments.
"The Asia-Pacific region is a key geographical segment within the global remote communications industry", explained Derek Woods, President and CEO of Stratos. "We are pleased to be entering this market and expect to see significant results from the experienced group of professionals we have been able to recruit."
"There is substantial activity in the mining and shipping industries throughout the Asia Pacific region," said Michael P Smith, Vice President, Asia Pacific. "Combined with government, defence, aid and media activity, we estimate the remote communications market in this region to be worth between $AUD 600 million and $AUD 1 billion per annum."
Stratos is an international telecom service provider offering customers operating in remote locations with a variety of wireless IP, data, and voice solutions through a range of newly emerging and established technologies. Stratos serves an array of diverse markets including government, military, industrial, recreational and maritime users anywhere in the world. Stratos is 63% owned by Aliant Inc. Further information is available at www.stratos.ca.