0
Wireless

Viasat acquires majority stake in Spain's MobileFleet

Monday 30 January 2017 | 10:29 CET | News
Italian telematics service provider Viasat Group has announced that its Spanish subsidiary has acquired a majority stake in Madrid-based location services firm MobileFleet for an undisclosed sum. MobileFleet specialises in real-time fleet monitoring, vehicle security and GPS services and has a strong Latin American presence as well as a Chilean subsidiary which is also included in the deal. Viasat said the acquisition will serve to increase its presence in Spain and Latin America.

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?



Categories: Mobile & Wireless
Companies: ViaSat
Countries: Spain
::: add a comment

Add comment

Please login or register to leave a 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

ViaSat picks eXtremeDB from McObject

Published 28 Mar 2017 08:56 CET | World
ViaSat, a broadband services and technology company, chose McObject's eXtremeDB in order to implement a new physical layer ...

Orange provides IoT roaming service for Viasat Group

Published 19 Jan 2017 10:21 CET | World
Orange Business Services (OBS) has secured a three-year contract with Italian telematics service provider Viasat Group to supply ...

ViaSat plans share offering

Published 16 Nov 2016 09:10 CET | World
ViaSat announced plans to raise fresh capital from an underwritten public offering of 6.5 million shares. ViaSat expects to use ...