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>> No.15474313 [View]
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15474313

https://spacenews.com/satellite-operators-viasat-and-inmarsat-complete-merger-deal/

> Mark Dankberg, Viasat’s chair and CEO, is taking the same roles for the combined company. Former Inmarsat CEO Rajeev Suri and chair Andy Sukawaty are becoming board directors at Viasat to represent the private equity group that owned the British satellite operator.

> Regulators in Europe and the United Kingdom had heavily scrutinized the merger, focusing mainly on concerns it could lead to higher prices for Wi-Fi on planes and lesser quality,

> Following lengthy investigations, regulators ruled that established players and newer market entrants such as SpaceX’s Starlink would place sufficient competitive pressure on the enlarged group.

> Their merger announcement sparked additional consolidation plans as operators look to bolster their defenses amid a growing competitive threat from Starlink in the satellite broadband market.

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