Satellite operator prospects brighten as private equity place US$3.4bn Inmarsat bet

摘要

A multibillion-dollar private equity bet on satellite connectivity provides a shot in the arm for an industry weighed down in recent years by capacity oversupply concerns. Funds behind a US$3.4bn takeover bid for Inmarsat (LON:ISAT) believe integrated satellite operators like the UK-based company have the scale to ride out pricing pressures, and are well positioned as network provision becomes increasingly complex.