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Ex-Nokia CEO Rajeev Suri to take over as head of Inmarsat

2021-02-25 01:00:00| Total Telecom industry news

Effective March 1st, former Nokia president and CEO Rajeev Suri will become the CEO of UK-based satellite company Inmarsat. He will take over the position from Rupert Pearce who has served in the position for almost a decade.   “I am very excited to join Inmarsat, and to work closely with such skilled people, at such an important moment for the company and the satellite communications industry as a whole…read more on TotalTele.com »

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Inmarsat accepts $3.4bn takeover bid

2019-03-25 01:00:00| Total Telecom industry news

UK satellite and telecommunications firm Inmarsat has accepted a takeover bid of $3.4 billion from an international consortium, according to reports in the UK press. The Guardian reported that a consortium headed up by London based Apax…read more on TotalTele.com »

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Inmarsat receives new takeover offer from private equity funds

2019-03-20 08:43:00| Telecompaper Headlines

(Telecompaper) Inmarsat announced it's received another takeover bid, from a group of private equity and investment funds. The offer of USD 7.21 per share values the satellite company at around USD 3.3 billion and is a premium of 29 percent on its previous closing share price. 

Tags: private offer funds equity

 

EchoStar drops plans for formal bid for Inmarsat

2018-07-09 08:47:00| Telecompaper Headlines

(Telecompaper) After its first attempt, EchoStar said it would still try to find to find common ground with Inmarsat, with a view to buying. But it has now walked away from the deal. 

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Last week in telecoms: M&A positive for Veon, negative for Inmarsat and Altice

2018-07-09 07:30:00| Telecompaper Headlines

(Telecompaper) Last week's share price performances were positive enough to bring our European telecoms index back to a level we hadn't seen since the middle of May. Veon was the absolute winner, followed by Turk Telekom (+12%). The three Belgain shares in our basket showed strong recovery from recent weakness: Telenet (+12%), Proximus (+7.7%) and Orange BE (+6.9%). We also recorded some double digit losses, for Telekom Slovenije, Inmarsat and Polish Play Communications (-11%).

Tags: week positive negative telecoms

 

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