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Company moves: Inmarsat gets a new CEO while AAC Clyde Space loses a former one

Company moves: Inmarsat gets a new CEO while AAC Clyde Space loses a former one

by David Todd | Feb 26, 2021 | Satellites

The UK-based mobile communications GEO satellite operator Inmarsat has appointed Rajeev Suri to replace Rupert Pearce who steps down as its CEO at the end of February. Suri was the former CEO of the Finnish firm Nokia which was once the dominant player in the mobile...
After court case is settled, the Inmarsat takeover is cleared and delisting takes place

After court case is settled, the Inmarsat takeover is cleared and delisting takes place

by David Todd | Dec 6, 2019 | Satellites, Seradata News

The UK-based mobile communications satellite operator Inmarsat has formally delisted on the London Stock Exchange after the planned US$3.3 billion buy-out had been delayed by a court case.  In the end, the acquisition by the Connect Bidco consortium involving Apax,...
After court case is settled, the Inmarsat takeover is cleared and delisting takes place

Inmarsat orders three software-defined OneSat-class comsats from Airbus DS

by David Todd | May 31, 2019 | Satellites, Seradata News

As part of its follow-on to its original Global Xpress offering, the mobile communications services operator Inmarsat has ordered three new 3,000kg class satellites from Airbus Defence and Space (Airbus DS).  The software defined high throughput Ka-band communications...
Inmarsat shareholders approve takeover by Guernsey-based private consortium

Inmarsat shareholders approve takeover by Guernsey-based private consortium

by Matt Wilson | May 14, 2019 | Finance, Seradata News

On 10 May 2019, a 77 per cent majority of Inmarsat plc shareholders agreed to the purchase of the company by a private consortium, Connect Bidco Limited (Bidco), formed for this purpose. The deal is expected to be completed by the end of 2019. The purchasing...
Inmarsat shareholders approve takeover by Guernsey-based private consortium

Inmarsat board backs takeover offer from Triton private consortium

by Matt Wilson | Mar 20, 2019 | Finance, Seradata News

UK-based Inmarsat plc, a global provider of MSS (Mobile Satellite Service) satellite communications, announced on 19 March, that it had received a non-binding cash offer from the Triton consortium of private investors. Triton’s takeover bid values Inmarsat at US$3.3...
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