SatPort Completes Speedcast Teleport Acquisition Adding 12 Sites

SatPort Infrastructure announced on November 3, 2026 that it had completed the acquisition of Speedcast’s teleport infrastructure business, adding 12 teleports across 11 countries and five continents. The companies did not disclose a purchase price or other financial terms.

More than 100 experienced professionals are also joining SatPort. The facilities give the EQT Infrastructure-backed company an operating global network, while its carrier-neutral model is designed to serve multiple satellite operators, governments and enterprise customers rather than tie the infrastructure to a single constellation.

Teleports host antennas and other physical infrastructure used to transmit data between Earth and orbiting satellites. SatPort provides teleport and gateway infrastructure for low Earth orbit, medium Earth orbit and geostationary constellations. That range allows SatPort to support operators in different orbits while customers concentrate on their constellations rather than the ground infrastructure.

Speedcast Remains a Customer

Speedcast’s completion announcement adds that the sale covers related terrestrial infrastructure and that the teleports will continue supporting its managed connectivity services under a new long-term ground infrastructure-as-a-service agreement. Speedcast will therefore remain a customer of the infrastructure it sold rather than ending its use of those facilities.

Speedcast framed the sale as a move to a more asset-light operating model, giving it added flexibility to respond to customer needs. Its core connectivity and managed-services business remains owned by Centerbridge Partners, which acquired Speedcast in March 2021.

Resources are being prioritized toward SIGMA, Speedcast’s intelligent edge network-management platform, as the company pursues a transformation toward AI-enabled network and edge intelligence. SIGMA is built to streamline rollouts to tens of thousands of edge devices and automation at scale. Speedcast says demand is growing for pairing LEO services with SIGMA in a fully managed connectivity offering.

Existing Sites Meet New Construction

The purchase follows SatPort’s global build-to-suit agreement with Telesat, signed in September 2026, to develop, build and host landing stations for Telesat Lightspeed. That LEO constellation is designed for enterprise and government customers. The two arrangements cover different parts of SatPort’s expansion: Speedcast contributes operating facilities and personnel, while the Telesat agreement provides a specific new-build commitment.

EQT Infrastructure formed SatPort to fund, develop and scale secure and resilient satellite ground infrastructure and is continuing to support the network’s long-term buildout. Carl Sjölund, a partner at EQT Infrastructure, set out the investment logic: “Just as we have seen in towers, fiber and data centers, we believe the next phase of growth will be supported by independent, specialized infrastructure platforms that can serve multiple customers at scale.”

EQT expects EQT Infrastructure VI to be 80% to 85% invested following the transaction, including closed and signed investments and announced public offers where applicable, less expected syndication. That measure describes deployment of the fund, not the value of the Speedcast acquisition.

For SatPort, the transaction supplies an immediate operating footprint and specialist staff to accompany its landing-station construction plans. For Speedcast, it replaces ownership of the transferred ground assets with a long-term services relationship while sharpening the focus on SIGMA. Because the consideration was not disclosed, the acquisition’s economics remain less clear than the operating scale and continuing customer relationship it establishes.