Key facts
- The sale covers 12 teleport facilities in 11 countries across five continents, plus related terrestrial infrastructure and operating teams.
- Speedcast will keep serving customers through the teleports under a new long-term ground infrastructure-as-a-service agreement with SatPort.
- Speedcast CEO Ross Rosenberg said the deal lets the company focus on its SIGMA intelligent edge platform.
- SatPort CEO Joe Spytek said the acquisition is a step toward a carrier-neutral ground infrastructure platform for satellite operators.
- Speedcast remains owned by Centerbridge Partners, which acquired the company in March 2021.
EQT AB acquired the teleport infrastructure business of Speedcast through its portfolio company SatPort Infrastructure, Speedcast said in a statement dated November 3, 2026. Bloomberg News reported the price at about $300 million, citing sources, while EQT confirmed the transaction without giving the figure.
The sale covers 12 teleport facilities in 11 countries across five continents, along with related terrestrial infrastructure and the teams that operate them. Speedcast said the teleports will keep supporting its managed connectivity services under a new long-term ground infrastructure-as-a-service agreement with SatPort.
Speedcast said the transaction moves it toward a more asset-light model and lets it concentrate resources on its SIGMA intelligent edge network management platform. "The completion of this transaction positions Speedcast to continue to benefit from reliable, world-class ground infrastructure, while allowing us to focus on delivering our core connectivity services," CEO Ross Rosenberg said in the statement.
SatPort CEO Joe Spytek said the acquisition is a step toward building a carrier-neutral ground infrastructure platform for the next generation of satellite operators, adding that non-geostationary constellations need more ground infrastructure.
Speedcast remains under the ownership of Centerbridge Partners, L.P., which acquired the company in March 2021. Guggenheim Securities advised Speedcast and Kirkland & Ellis served as its legal advisor; Deutsche Bank advised EQT Infrastructure and Paul, Weiss, Rifkind, Wharton & Garrison served as legal advisor.