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EchoStar withdraws 3.2bn Inmarsat offer

2018-07-09 02:00:00| Total Telecom industry news

EchoStar has withdrawn its takeover bid for Inmarsat, after the UK satellite services provider rejected a formal offer from its US rival. Late on Friday…read more on TotalTele.com »

Tags: offer withdraws echostar inmarsat

 

Inmarsat says no to new GBP 3.2 bln bid from EchoStar

2018-07-06 11:35:00| Telecompaper Headlines

(Telecompaper) EchoStar confirmed the bid and said it will continue to find common ground with Inmarsat, with a view towards buying the company. It believes a combination of EchoStar and Inmarsat is "strategically compelling." The combined group would be one of the world's leading satellite providers and be well supported by a global portfolio of complementary assets and service offerings.

Tags: bid gbp bln echostar

 
 

Eutelsat drops plans for Inmarsat bid

2018-06-26 09:00:00| Telecompaper Headlines

(Telecompaper) Eutelsat has dropped plans for a possible takeover bid for Inmarsat, less than 24 hours after first announcing the intentions. 

Tags: plans bid drops eutelsat

 

Eutelsat says considering takeover bid for Inmarsat

2018-06-25 17:56:00| Telecompaper Headlines

(Telecompaper) Eutelsat said it is considering making a takeover bid for rival satellite operator Inmarsat. The company did not comment on the possible value or terms of the bid, saying only that it "notes the recent speculation and confirms that it is currently evaluating a possible offer for Inmarsat". 

Tags: bid takeover eutelsat inmarsat

 

Last week in telecoms: Inmarsat approached for a takeover and BT is up for a CEO change

2018-06-10 22:30:00| Telecompaper Headlines

(Telecompaper) Last week's strongest stocks in the European telecoms sector included satellite firm Inmarsat, subject of a takeover rumour, and Romanian challenger Digi, launching a share buy-back program. Quite a few stocks in our basket have attracted bids: TDC, Com Hem, CityFibre, Sky - and no doubt more will follow. The sector and the market i.c. the EuroStoxx 50 index ended week 23 down slightly, though (-0.2%).

Tags: for is up change

 

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