CMA launches probe into Viasat-Inmarsat merger

The UK’s Competition and Markets Authority (CMA) has launched a probe into the merger of Viasat and Inmarsat.

Viasat first announced its intention to acquire Inmarsat for $7.3 billion in November 2021. To no surprise, the proposal attracted plenty of attention.

The combined entities would operate a fleet of 19 satellites that are currently in service. An additional 10 spacecraft are under construction and planned for launch within the next three years.

The...

CMA green lights £31B merger of telecoms giants Virgin and O2

The Competition & Markets Authority (CMA) has given the green light to a £31 billion merger of telecoms giants Virgin and O2.

Provisional approval of the deal was granted last month but today’s announcement clears the companies to form a combined entity that can better compete against BT/EE after their own £12.5 billion merger in 2016.

Virgin and O2 both sell wholesale services to a number of mobile operators in the UK. In the case of Virgin, their wholesale...

Virgin and O2’s merger is granted provisional approval

The Competition and Markets Authority (CMA) has granted provisional regulatory approval of Virgin’s proposed merger with O2.

In November last year, the European Commission – which, pre-Brexit, had regulatory oversight over the deal – referred the proposed merger to the UK’s competition regulator.

Andrea Coscelli, Chief Executive at the CMA, said at the time:

“These are incredibly important UK markets, that continue to evolve, and the deal needs to be...

European Commission refers Virgin Media–O2 merger to the CMA

The European Commission has referred a proposed merger between Virgin Media and O2 to the Competition and Markets Authority (CMA).

Virgin Media and O2 confirmed their intention to merge back in May. Naturally, the £31 billion deal is being scrutinised by regulators.

https://www.youtube.com/watch?v=0-PZkudXsWo

The CMA formally requested the case be transferred on October 8th, shortly after the European Commission launched its investigation. Today, the European...