December 24, 2018 – Speedcast International Limited has signed a new contract, with multi-year extension options, with Carnival Corporation (Carnival), the world’s largest leisure travel company. Speedcast will provide remote communications and value-added services across the company’s global fleet of cruise ships. The three-year material contract is expected to generate 8-9% of expected full year 2019 revenue. Speedcast has been delivering communications services to over 100 cruise ships across the various Carnival brands since 2013. With this new contract, Carnival increases its investment in communications, with bandwidth delivered to the fleet increased significantly in order to provide its guests with a high-quality internet experience. Speedcast is leveraging 40 satellites, including High Throughput Satellites (HTS), across C-band, Ku-band and Ka-band spectrums and 20 teleports to deliver the largest dedicated maritime satellite network in the world.