US satellite company Viasat buys Inmarsat for broadband and IoT

The US communications company Viasat is to acquire the London-based Inmarsat, with a view to building a global, hybrid space and terrestrial network, providing broadband and IoT services. The transaction is valued at $7.3 billion, with Viasat using $850 million in cash, approximately 46 million of its shares (valued at $3.1 billion) and the assumption ...

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