Viasat completes Inmarsat purchase, the biggest satcom merger in 20 years; market gets a real LEO v GEO broadband matchup

by Peter B. de Selding

PARIS — Satellite broadband hardware and service provider Viasat Inc.’s purchase of London-based mobile satellite services fleet operator Inmarsat, the biggest satellite communications consolidation in 20 years, was completed May 30 after 18 months of regulatory review.

The November 2021 valuation of $7.3 billion — $815 million in cash, $3.1 billion in Viasat stock and Viasat’s assumption of $3.4 billion in Inmarsat debt — had a closing value of slightly more than $6.3 billion after accounting for the 31.6% drop in Viasat’s stock . . .

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