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Viasat completes acquisition of Inmarsat
Posted: Sun, Jun 4, 2023, 8:48 AM ET (1248 GMT)
Viasat has completed its acquisition of Inmarsat, the companies announced Tuesday. The combined company has 19 satellites in orbit across Ka-, L- and S- band spectrum to provide connectivity and safety services across maritime, aviation, government, and consumer markets. Their merger is part of a broader wave of consolidation as satellite operators look to bolster their defenses amid a growing competitive threat from Starlink in the satellite broadband market.
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