US broadband provider Viasat acquires UK satellite fleet operator Inmarsat in a deal worth $7.3B to expand orbital internet offerings; Viasat stock down 13%+ (Financial Times)

Financial Times:
US broadband provider Viasat acquires UK satellite fleet operator Inmarsat in a deal worth $7.3B to expand orbital internet offerings; Viasat stock down 13%+  —  More merger activity expected as satellite sector consolidation hots up  —  The California-based satellite company Viasat is taking …

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https://ift.tt/3ENZM70 November 09, 2021 at 01:10AM https://ift.tt/gaIxo5