UK to probe Inmarsat and Viasat’s $7.3B merger on competition grounds, says it could lead to pricier in-flight Wi-FI
The U.K.’s Competition and Markets Authority (CMA) has announced that the proposed merger between London-based satellite communications company Inmarsat and its U.S. rival Viasat raises potential competition concerns, and plans to launch a full-scale investigation into the deal. The $7.3 billion transaction, comprising a mix of cash, equity, and debt, was first announced last November, […]
UK to probe Inmarsat and Viasat’s $7.3B merger on competition grounds, says it could lead to pricier in-flight Wi-FI by Paul Sawers originally published on TechCrunch