0
Video

Viasat to acquire Inmarsat for USD 7.3 billion

Monday 8 November 2021 | 15:12 CET | News
Viasat has signed a deal to acquire Inmarsat for USD 7.3 billion. The payment will include USD 850 million in cash, 46.36 million shares worth USD 3.1 billion on 5 Novermber, and the assumption of USD 3.4 billion worth of net debt. The new company will focus on enabling the availability of new services in mobile and fixed segments for broadband communications and narrowband services, including the Internet of Things. The firms said that combined, they will be able to provide multi-band, multi-orbit satellites and terrestrial air-to-ground services with better systems, lower latency and

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: Broadcast & Satellite
Companies: Inmarsat / ViaSat
Countries: United Kingdom / World
::: add a comment
This article is part of dossier

IoT


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, ChinaSat start in-flight services in China

Published 24 Nov 2021 09:45 CET | China
Viasat announced that in cooperation with China Satellite Communications, the mobility network in China, which uses Viasat's ...

Last week in telecoms: Proximus, KPN and T-Mobile borrow billions, Inmarsat and McAfee agree takeovers

Published 15 Nov 2021 13:39 CET | World
Proximus, KPN and T-Mobile Netherlands were among the companies raising debt in the past week, with a notable difference in ...

Wrap-up week 45: Proximus, KPN en T-Mobile lenen miljarden, Inmarsat​ en McAfee mogelijk overgenomen, aanbevelingen Commissariaat voor de Media post-RTL/Talpa

Published 15 Nov 2021 12:40 CET | World
Proximus, KPN en T-Mobile Nederland waren afgelopen week bezig met het aantrekken van vreemd vermogen, waarbij het verschil ...

Viasat teams up with Intercorp Peru on LatAm satellite internet push

Published 12 Nov 2021 11:28 CET | Caribbean
Viasat has reached an agreement with Intercorp Peru to connect underserved communities in Latin America and the Caribbean using ...

Viasat to open first Real-Time Earth facility in Ghana

Published 10 Nov 2021 16:37 CET | Africa
Viasat announced the launch of its first Real-Time Earth (RTE) facility in Africa, located in Accra, Ghana. Viasat worked in ...

Viasat lifts revenues, adjusted EBITDA in Q3, helped by more air travel

Published 08 Nov 2021 15:31 CET | World
Viasat reported record revenues for its fiscal second quarter, up 27 percent from the year before to USD 701 million. The ...

Viasat opens new office in Dubai

Published 28 Oct 2021 08:46 CET | United Arab Emirates
Viasat announced a new office in Dubai, United Arab Emirates (UAE), which will serve as an expansion office in the Middle East, ...

Inmarsat unveils Elera IoT platform

Published 27 Oct 2021 19:19 CET | World
Inmarsat has launched Elera IoT, a platform of IoT connectivity services, products and ecosystems. The platform is built on the ...

Hiber, Inmarsat to build connectivity backbone for IoT-as-a-service ecosystem

Published 12 Oct 2021 18:09 CET | World
Dutch satellite IIoT start-up Hiber said Inmarsat will provide the satellite connectivity backbone on which it will continue to ...

Viasat starts direct service for Business Aviation

Published 12 Oct 2021 13:33 CET | World
Viasat has announced a first-of-its-kind direct service model for business aviation Ka-band In-flight Connectivity (IFC). Called ...

Global satellite IoT subscribers to reach 15.7 million in 2025 - study

Published 11 Oct 2021 14:10 CET | World
The global satellite IoT subscriber base is forecast to grow at a CAGR of 35.8 percent to reach 15.7 million by 2025, up from ...

Viasat to accept cash payment for satellite internet at 21,000 Mexican convenience stores

Published 12 Aug 2021 16:21 CET | Mexico
Satellite-based operator Viasat announced a deal allowing clients in Mexico to pay for its internet service in cash at ...

Inmarsat unveils plans for Orchestra communications network

Published 29 Jul 2021 16:50 CET | World
Inmarsat unveiled plans for Orchestra, a communications network that will bring together existing geosynchronous (GEO) satellites ...

First Viasat-3 satellite undergoes final testing before launch

Published 11 Jun 2021 08:48 CET | World
Viasat's first satellite in its ViaSat-3 global constellation, which will serve the Americas and the surrounding oceans regions, ...

Skylo, Inmarsat to enable commercial narrowband IoT over satellite platform

Published 09 Jun 2021 09:42 CET | India
Skylo, a satellite-based NB-IoT product company, announced that Inmarsat will provide the satellite capacity backbone to deliver ...

Viasat signs new Ka-sat capacity deal with Avanti

Published 03 Jun 2021 11:15 CET | Middle East
Viasat announced it signed a Ka-band capacity lease agreement with Avanti Communications  to provide additional coverage and ...

Viasat makes two executive promotions

Published 26 May 2021 14:24 CET | World
Viasat has promoted Evan Dixon to the role of president of Viasat's Global Fixed Broadband business and Craig Miller to lead the ...

Viasat reports record revenues, EBITDA in Q4, inks new deal with Delta Air Lines

Published 25 May 2021 15:34 CET | United States
Viasat reported record revenues and adjusted EBITDA in the full-year, capping off a strong year that started with the virus ...

Inmarsat launches Application and Solution Provider programme

Published 31 Mar 2021 10:54 CET | World | Update: 31 Mar 2021 14:33 CET
Inmarsat has launched its Application and Solution Provider (ASP) Programme for providers of software, hardware and products, as ...

Inmarsat confirms commercial service introduction of GX5

Published 11 Dec 2020 09:10 CET | World
Inmarsat confirms commercial service introduction of GX5, its newest, most powerful geostationary satellite to date. GX5 is the ...

Inmarsat unveils real-time link system between satellites in high and low earth orbits

Published 23 Nov 2020 16:43 CET | World
Inmarsat has unveiled a real-time link system between satellites in high and low earth orbits, developed with Addvalue ...