RigNet Inc (NASDAQ:RNET)

RigNet, Inc. provides managed communications, networks and collaborative applications to the oil and gas industry. It also provides solutions ranging from fully-managed voice and data networks to more advanced applications. The company provides services through a controlled and managed Internet Protocol/Multiprotocol Label Switching global network delivers voice, data, video and other services under a multi-tenant revenue model. Its customer solutions enable broadband data, voice and video communications with quality, reliability, security and scalability. RigNet offers sole means of communications with their remote operations, including offshore and land-based drilling rigs, offshore production facilities, energy support vessels and support offices. It operates business through three segments: Eastern Hemisphere, Western Hemisphere and U.S. Land. The Eastern Hemisphere segment provides services out of its Norway, Qatar, United Kingdom and Singapore based offices for customers and rig sites located on the eastern side of the Atlantic Ocean. The Western Hemisphere segment provides services out of its United States and Brazil based offices for customers and rig sites located on the western side of the Atlantic Ocean. The U.S. Land segment provides services out of Its Louisiana based office for customers and rig sites located in the continental United States and also provides remote communications services for drilling rigs and production facilities located onshore in North America. RigNet was founded by Omar Kulbrandstad in 2000 and is headquartered in Houston, TX.