EQT-backed SatPort Infrastructure has completed the acquisition of Speedcast's teleport infrastructure business, adding 12 facilities across 11 countries and five continents to its global satellite ground network. The transaction establishes SatPort as an operational, carrier-neutral infrastructure provider serving satellite operators, governments and enterprise customers.
The acquisition expands SatPort's capabilities to support low Earth orbit (LEO), medium Earth orbit (MEO) and geostationary (GEO) satellite systems, providing the ground infrastructure required to connect satellite constellations with terrestrial communications networks. The acquired business includes teleport facilities, associated infrastructure and more than 100 employees who will transfer to SatPort. Speedcast will remain a customer under a new long-term infrastructure services agreement.
SatPort was established by EQT Infrastructure to develop and operate independent satellite ground infrastructure, allowing satellite operators to access gateway and teleport facilities without owning and managing every site themselves. The model is intended to support shared infrastructure deployment, operational efficiency and faster network expansion, particularly as large satellite constellations require geographically distributed ground stations.
The acquisition follows a global build-to-suit agreement with Telesat signed in September 2026, under which SatPort will develop, construct and host landing stations for the Telesat Lightspeed LEO constellation. The combination of existing teleport facilities and new infrastructure development capabilities gives SatPort a platform for supporting both established satellite networks and emerging constellations.
The transaction reflects growing investment in carrier-neutral satellite ground infrastructure as a distinct segment of the telecommunications market, following models already established in mobile towers, fibre networks and data centres. As LEO constellations expand, satellite operators are increasingly evaluating third-party infrastructure providers to reduce deployment complexity and concentrate investment on spacecraft and service delivery.