[SatNews] With a business revolving around the O&G business in the Gulf of Mexico, the advantages became clear for an acquisition by ITC Global.

ITC Global, an international provider of satellite communications services to the mining, energy and maritime industries, has entered into a definitive agreement to acquire the satellite operations of Broadpoint LLC, an established provider of communications services to the oil and gas sector in the Gulf of Mexico. Broadpoint will retain its core cellular telecommunications business, which operates the only ubiquitous cellular voice and data network in the Gulf of Mexico. Broadpoint's satellite communications business provides customers with highly reliable managed communication services including broadband IP networking, MPLS, voice over IP, real-time video and Internet access delivered primarily to oil and gas exploration and production customers principally in the Gulf of Mexico. Its managed satellite communications solutions include stabilized, portable and fixed satellite communications services supported by its teleport and network operations center located in Harahan, Louisiana. The acquisition brings together complementary and valuable capabilities, providing immediate benefits to both organizations. Broadpoint customers will be able to access ITC Global's worldwide coverage footprint and support services, which is critical as oil and gas exploration increasingly takes place in emerging markets such as West Africa and the North West Shelf of Western Australia.