Viasat has successfully completed its acquisition of London-based Inmarsat, just a week after the Federal Communications Commission (FCC) dismissed a competition complaint filed by SpaceX.
The significant merger brings together two organisations with complementary technology assets, resources, and capabilities, creating a global communications provider with an expanded portfolio of services.
Mark Dankberg, Chairman and CEO of Viasat, said:
“We are...
The UK’s Competition and Markets Authority (CMA) has cleared the merger between satellite communications companies Viasat and Inmarsat after an extensive Phase 2 review.
The deal had been referred for further investigation following a Phase 1 inquiry that identified concerns over its potential impact on competition.
The CMA panel examined a range of evidence, including internal documents from the merging companies and competitors, as well as feedback from airlines and...
The UK’s Competition and Markets Authority (CMA) has launched a probe into the merger of Viasat and Inmarsat.
Viasat first announced its intention to acquire Inmarsat for $7.3 billion in November 2021. To no surprise, the proposal attracted plenty of attention.
The combined entities would operate a fleet of 19 satellites that are currently in service. An additional 10 spacecraft are under construction and planned for launch within the next three years.
The...
The Australian Defence Force (ADF) is now using Inmarsat’s satellites for its operations following an AUS$221 million contract.
As a virtual satellite operator, the ADF is able to control its service use directly. Inmarsat says it has enabled the ADF to increase efficiency by 300 percent while reducing operating costs by 70 percent.
Brigadier Gregory Novak, Commander of the ADF’s Defence Strategic Communications Branch, said:
“Inmarsat has supported ADF...
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