20th Jul 2015 06:59
LONDON (Alliance News) - Motive Television PLC on Monday said its Motive Television Services Ltd subsidiary has signed a memorandum of understanding with MTN Satellite Communications in the US state of Florida.
Under the deal, Motive will provide its bring-your-own-device technology and engineering support to MTN for developing new services which MTN will market to its clients.
MTN provides communications and content services for remote locations around the world, serving the shipping, oil and gas and government markets.
No financial details were disclosed but Motive said the deal should have "significant value" to it.
"Through partnering with MTN, a world-leading supplier of maritime communications, Motive can greatly extend the marketing reach of its BYOD TV technology to thousands of ships including ferries, cruise ships, yachts, and commercial vessels that are clients and customers of MTN for maritime communications services," said Leonard Fertig, Motive's chief executive.
By Sam Unsted; [email protected]; @SamUAtAlliance
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