0
Video

Eutelsat sells 51% stake in Euro Broadband Infrastructure to Viasat

Thursday 19 November 2020 | 11:10 CET | News
Satellite operator Eutelsat has announced the disposal of its 51 percent holding in Euro Broadband Infrastructure (EBI), a subsidiary operating the Ka Sat satellite and providing broadband services on a wholesale basis across European and Mediterranean markets. Viasat, EBI's current co-owner, will take full control of the company for an initial consideration of EUR 140 million. Two years following completion of the deal, the final price of the stake may be adjusted upwards or downwards by up to EUR 20 million, subject to a number of revenue targets over this period. The sale is expected to

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Eutelsat / ViaSat
Countries: Europe
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Eutelsat unveils Konnect broadband packages sold through direct retail channels

Published 23 Nov 2020 14:49 CET | World
Eutelsat has announced indicative prices for its new Konnect range, following the company's decision to develop its own retail ...

Eutelsat's Konnect satellite enters into service

Published 16 Nov 2020 15:00 CET | World
Eutelsat has announced a new milestone for its Fixed Broadband operations, as the Konnect satellite launched in January has ...

Viasat names new CEO, shows sequential recovery in Q2

Published 06 Nov 2020 08:59 CET | World
Viasat has shifted its leadership roles, moving current Mark Dankberg to the newly created position of executive chairman and ...

Eutelsat's underlying revenue decline eases to 2% in fiscal Q1

Published 30 Oct 2020 10:51 CET | World
Satellite operator Eutelsat generated revenues of EUR 306.7 million across its five operating verticals in the three months to ...

Viasat first to cover all Brazil with satellite internet service

Published 29 Oct 2020 16:02 CET | Brazil
Viasat announced it has become the first satellite internet service provider to cover the whole of Brazil. The operator ...

Eutelsat agrees GBP 38 mln deal to buy Bigblu Broadband's European satellite operations

Published 31 Jul 2020 12:23 CET | Europe
Eutelsat has reached an agreement to buy the European satellite broadband activities of Bigblu Broadband, a provider of ...





Calendar   /   Industry Events

01 Dec 5G Italy
02 Dec FTTH Conference
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
07 Dec Report: Dutch Mobile Operators 2020-Q3
07 Dec Report: Dutch Broadband 2020-Q3
08 Dec WebexOne
09 Dec Comtech fiscal Q1
09 Dec Zayo fiscal Q3
10 Dec Ciena fiscal Q4
10 Dec Broadcom fiscal Q4
10 Dec Cisco AGM
::: More Calendar Items