London-based Inmarsat reported revenue growth of 9 per cent for its 2022 trading year, to a total of $1.47 billion (€1.35bn).

Inmarsat’s EBITDA (earnings before interest, tax and other charges) jumped by 15 per cent to $850 million in 2022, despite saying that chip-set and other component shortages affected the availability of satellite phones.

Source: Inmarsat revenue up 9%