Viasat says it ‘isn’t about ripping out cost to make the numbers’, and it has longstanding relationship in UK

The chief executive of the US satellite company that is buying Inmarsat for $7.3bn (£5.4bn) said that it is not “stealing” Britain’s crown jewel in the space communications race, and is confident the deal would be cleared by a potential investigation by the government to assess the threat of a foreign takeover to national security.

Rick Baldridge, the chief executive of Viasat, was in London with his team last week to meet government agencies, Inmarsat management and media as part of a mission to pave the way for clearance of the California-based company’s biggest ever deal.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Networking Makes a Comeback for the Class of 2021

When Rebecca Moser, a 26-year-old MBA student at Baruch College in New…

With six weeks to save summer, can easyJet climb out of the chaos?

Delays and cancellations spoiled half-term for many, but those flying with our…

Graham Potter: ‘Pep was at City for a year before they won anything’

The Chelsea manager comes out fighting in response to growing criticism and…

Ten reasons why we got Covid-19 vaccines so quickly without ‘cutting corners’ | Adam Finn

The speedy rollout is thanks to a combination of foresight, hard work…