RigNet, Inc. Awarded VSAT License in QatarMay 25, 2011
The license expands the companies options for providing managed communications to the oil and gas industry within Qatar.
HOUSTON,TX (GLOBE NEWSWIRE) -- RigNet, Inc. (Nasdaq:RNET), a leading provider of managed communications to the oil and gas industry, announced that its subsidiary, RigNet Qatar WLL, has been awarded a license to provide VSAT services within the country of Qatar.
In commercial collaboration with Qatar Telecom (Qtel), RigNet has been serving Qatar's oil and gas industry with remote communications solutions for many years. With the advent of telecommunications market liberalization in Qatar, the Supreme Council of Information and Communication Technology (ictQATAR) has awarded RigNet a VSAT license in Qatar.
From RigNet's Middle East headquarters in Doha, Qatar, Chris C. Lambert, RigNet's general manager for the Middle East, stated, "With the deregulation of Qatar's fixed and mobile telecommunications market, we are pleased that ictQATAR has awarded RigNet a VSAT license, which will enable us to continue our leading service to the oil and gas community and, potentially, other vertical markets within Qatar. RigNet is a leading provider of remote communications to the oil and gas industry throughout the Middle East region, so this license further underscores our commitment to Qatar and to the region for many years to come."
RigNet Inc. (Nasdaq:RNET) is a leading global provider of managed communications, networks and collaborative applications dedicated to the oil and gas industry. RigNet provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing and real-time data services to remote sites in over 30 countries on six continents, effectively spanning the drilling and production industry. RigNet is based in Houston, Texas.
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