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Viasat to Acquire Inmarsat in $7.3B Satellite Industry Consolidation Deal

By Rachel Jewett

Monday, November 8th, 2021

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Viasat to Acquire Inmarsat in $7.3B Satellite Industry Consolidation Deal

Viasat [VSAT] will acquire Inmarsat in a $7.3 billion deal that brings together two major satellite operators with businesses in broadband, mobility, and defense. Viasat announced the deal Monday which entails $850 million in cash, 46.36 million Viasat shares valued at $3.1 billion, assuming $3.4 billion of net debt. The combined company will have a spectrum license portfolio across the Ka-, L-, and S-bands and a fleet of 19 satellites in service, with an additional 10 satellites to come in the next…

Army

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Congress

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Budget

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Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

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