The latest example:
The monthly subscription fee: from
"It's common for many super-yachts to pay
MTN's new "Maestro" program also offers round-the-clock technical support and replacement of critical equipment within 24 hours, wherever your super-yacht may be, Wagner said.
Telecom services on super-yachts already tend to be much faster than what passengers receive on cruise ships. That's because fewer people share the same signal and bandwidth, said
"You get more pieces of the pie on a super-yacht," Grady said, though Internet speeds and video-conferencing images still tend to lag what you'd get at home on land.
MTN ranks as "a top player in providing high-end connectivity to high-end clients" to narrow the gap at sea, Grady said. The privately held firm also serves cruise ships, oil ships and many other types of vessels, racking up revenues likely in "tens of millions of dollars per year," said Grady.
The growing telecom-at-sea market is luring rivals, too.
To keep its edge, veteran MTN is shifting toward a "full-service" business model, complete with software applications. It recently launched an innovation center in
"From 'I'm going to give you a satellite connection,' to 'I'm going to give you a service and a satellite connection just happens to be part of it,' they are pioneering that change," said analyst Grady -- just like telecom companies are doing on land.
email@example.com, 305-810-5009, @dhemlock on Twitter
Business: Satellite communications for ships, including Internet, phone, TV, video-conferencing and other services.
Employees: 300, most in
Customers: Cruise lines, yachts, military ships, oil tankers, ferries and more.
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