Nelco skyrockets ~10% on agreement with Intelsat Commercial Aviation

26 Aug 2022 , 10:05 AM

Intelsat, the world’s largest integrated satellite and terrestrial network operator and leading provider of inflight connectivity (IFC), announced the launch of Intelsat’s inflight connectivity services in Indian skies through an agreement with India’s leading satellite communication service provider, Nelco Limited.

This arrangement is good news for Intelsat’s airline partners and travellers since it provides end-to-end broadband coverage on local and international flights travelling to or from an Indian airport, as well as aircraft flying over India.

The Intelsat IFC service provides airplane passengers with seamless at-home and in-office connections. Furthermore, it enables an airline to distinguish itself by improving the customer experience, increasing passenger loyalty, and streamlining flight operations.

Nelco has been providing Aero IFC services for over two years and intends to expand these services to new airlines in association with its worldwide partners.

Nelco intends to deliver these services using Intelsat’s IS-33e high-capacity satellite. IS-33e was introduced in 2016, and it provides C and Ku-band connections to Asia, Europe, Africa, and the Middle East. Intelsat’s IS-33e satellite has been certified by Indian government officials, clearing the path for uninterrupted coverage with no blackout zones.

The service is now offered to Intelsat partner airlines and their passengers on aircraft.

At around 10.08 AM, NELCO was trading at Rs856.65 apiece, up by 10% from its previous closing of Rs778.80 on the BSE. The scrip opened at Rs848 and touched intraday high and low of Rs856.65 and Rs840.85 respectively.

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