Inmarsat - Re: ISAT Stream Log - Good decision to cut the...

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11:59 09/03/2018

Good decision to cut the dividend even if it will cost me a few quid in the short term. The in-flight wifi opportunity is huge and there are significant barriers to entry so if it can get a solid foothold in that by investing more now I'm all for it. It'll still be yielding close to 4% if the stays around here which is fair compensation for having to have patience. It's encouraging to see them talking about hiring people with new technology skills also - if they are going to be leaders in the IOT/M2M they will need talented engineers who are in ever-increasing demand but ISAT has a lot of advantages if it can get the right personnel.

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