IEC TELECOM GROUP WIDENS ITS NETWORK

IEC Telecom Group, the leading satellite based telecommunications service provider, has undertaken a new step in the development of its international network.

IEC Telecom Group and the Norwegian company TRADEE AS have decided to join forces to boost their penetration of the Scandinavian market.
Indeed, this is a very exciting new step in the long established group’s strategy that aims at getting closer to end users in order to provide them with the best possible support and after sale services.

The alliance between IEC Telecom Group (based in Paris, Dubai, Bristol, Abu Dhabi, Singapore and Pointe-Noire) and Tradee AS head quartered in Oslo brings together valuable and complementary capabilities immediately providing benefits to both organizations. The product lines range and the commercial strategy being the same, the integration is expected to be finalized very rapidly.

Tradee AS will immediately benefit from the IEC Telecom Group expertise and facilities, purchasing conditions and global services such as billing organization, marketing and innovative solutions development departments.  Tradee AS naturally will have access to the image compression techniques developed by the group’s specialized company, Quicklink and to the Traksat Fleet tracking and M2M services as well as to the Horizon VOIP and bandwidth optimization system.

Tradee AS’s MSS volumes that will be consolidated to the group’s purchases will strengthen even more its negotiation capacity, while the economies of scale that will result from this association are expected to benefit to the whole group performances.
IEC Telecom Group is delighted of this opportunity to have access to these specific Nordic markets taking advantage of Tradee AS’s expertise, reputation and visions.


ABOUT IEC TELECOM GROUP

IEC Telecom Group is a leading group of companies able to deliver corporate grade satellite telecommunications and multiple applications on a global basis, with facilities across Europe, Africa, the Middle East and Asia.

Trained commercial, engineering and technical staff in these strategic locations provides mobile and fixed satellite communication systems and their ongoing support to oil and gas companies, NGO’s, UN agencies, governments, global enterprises and  medias.  IEC Telecom Group is “Tier one” Service Provider of Inmarsat, Thuraya, Iridium, Globalstar and is the International Service Provider for Yahsat, the Ka band operator that is going to launch its Yahclick operations next month, April 2012 that aims at revolutionizing the VSAT services.
Quicklink, one of the group companies is the leading global provider of cost effective, high quality broadcast solutions in the field of news, sport, entertainment and corporate media, through optimization of the available bandwidth, that can be achieved through a variety of high quality but low cost live and store and forward solutions.

Traksat has been founded as a specialized branch of IEC Telecom Group to answer the growing need of Machine to Machine applications such as assets management and advanced GPS tracking for goods and personnel security on the field.
The group is determined to continue on its expansion strategy targeting an ideal coverage of its strategic markets.


ABOUT TRADEE AS

Tradee AS was established in 2005 to support the Norwegian satellite market. Since the start, the company has emphasized on high level of personal service, efficient logistics and reasonably priced products and services.
The company has succeeded with its strategy and has customers in all major land segment markets, with a fair activity in the maritime and aviation segments, throughout Norway.
Tradee AS is a service provider for the following satellite telecommunication systems: Inmarsat, Iridium, Thuraya and Globalstar.
Throughout the years, the company has developed strong relations with manufacturers and airtime providers, and today it can proudly offer a vast product and service range to its customers.

In order to grow more rapidly and meet the ever increasing demand for high-tech applications, Tradee AS has joined forces with IEC Telecom Group, which has very similar architecture and strategy; hence the process of working as a group will go fast and efficient.

It is important for Tradee AS to emphasize on that the company will continue with the same level of personal service from its office in Oslo and, moreover, taking advantage of significant economies of scale, it will be able to offer better conditions and services. Furthermore, Tradee AS will be able to offer extensive support to all customers through the international network of IEC Telecom Group. We also would like to announce that we will continue our good cooperation with Vizada in Norway.

Following this new partnership, Tradee AS becomes Tradee Telecom from now on

Oslo 15.03.2012

Alf Stian Mauritz

CEO