Tuesday, November 09, 2021

Consolidation in the satellite sector

Viasat buys Inmarsat for US$ 7.3 billion

Once the transaction is carried out, Viasat will have a total fleet of 19 satellites in Ka, L and S bands, and ten new devices that will be added in the next three years. Inmarsat thus concludes a stage of profound changes in its leadership and strategy. The integration of Inmarsat will strengthen Viasat in the government and maritime sectors.

The integration of Inmarsat by Viasat will result in an operator with a presence in fixed and mobile segments, IoT services, broadband and a broad terrestrial base. The combined company will have satellites in the Ka, L and S bands, a total of 19 devices in orbit today and 10 to come in three years. It is projected that by 2021 it will have joint revenues of US$ 4.1 billion (US$ 1.3 billion from Inmarsat and US$ 2.8 billion from Viasat) and 8,000 employees.

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