SES ends Intelsat acquisition talks

SES has announced that it has ceased merger talks with Intelsat, ending plans for further consolidation in the satellite internet sector.

The potential combination of the businesses, which was reported in March, would have created a significant player in the industry. According to Bloomberg, the transaction would have been valued at over $10 billion, including debt.

SES confirmed the end of discussions in a statement, while Intelsat stated that it regularly engages in...

22 June 2023 | Hot Topics

Vodafone UK and Three to announce merger ‘Friday or early next week’

Vodafone and Three-owner CK Hutchison are expected to announce the merger of their British operations “as soon as Friday or early next week”.

The report comes via Reuters which cited three sources familiar with the plans. According to the sources, the long-anticipated merger is now in its final stages.

According to insiders, the structure of the deal will adhere to Vodafone's previous announcement in October. Under the arrangement, Vodafone would own 51 percent of...

7 June 2023 | 5G

Viasat completes Inmarsat acquisition

Viasat has successfully completed its acquisition of London-based Inmarsat, just a week after the Federal Communications Commission (FCC) dismissed a competition complaint filed by SpaceX.

The significant merger brings together two organisations with complementary technology assets, resources, and capabilities, creating a global communications provider with an expanded portfolio of services.

Mark Dankberg, Chairman and CEO of Viasat, said: 

“We are...

1 June 2023 | Networks

CMA approves Inmarsat-Viasat merger

The UK’s Competition and Markets Authority (CMA) has cleared the merger between satellite communications companies Viasat and Inmarsat after an extensive Phase 2 review.

The deal had been referred for further investigation following a Phase 1 inquiry that identified concerns over its potential impact on competition.

The CMA panel examined a range of evidence, including internal documents from the merging companies and competitors, as well as feedback from airlines and...

9 May 2023 | Networks

Vodafone and Three prepare to announce merger

Vodafone and Three are close to agreeing on a merger of their UK telecoms businesses, creating the biggest mobile operator in the country.

The deal is expected to be worth £15 billion ($19 billion) and will knock BT-owned EE from the top spot in terms of mobile subscribers.

The merged company's equity is valued at around £9 billion, with £6 billion in debt. The merger is expected to be agreed this month, with a formal announcement due to be made "very...

4 May 2023 | 5G

Vodafone confirms merger talks with Three UK

Vodafone has confirmed that it’s in talks with Three to merge their UK operations.

Following recent speculation, Vodafone confirmed today that it’s in discussions with Three-owner CK Hutchison Holdings Limited to combine the companies.

The proposed transaction would result in Vodafone owning 51 percent of the combined business while CK Hutchison would own the remaining 49 percent.

Ernest Doku, telecoms expert at Uswitch, comments: “Two of the UK mobile...

3 October 2022 | Networks

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...

9 August 2022 | IoT

T-Mobile ordered to prove it didn’t lie to get Sprint merger approval

T-Mobile has been ordered to prove it didn’t lie to government regulators about its 3G shutdown plans to win approval for its Sprint merger.

In a ruling by the California Public Utilities Commission (CPUC), T-Mobile is ordered “to show cause why it should not be sanctioned by the Commission for violating Rule 1.1 of the Commission’s Rules of Practice and Procedure for false, misleading, or omitted statements.”

CPUC accuses T-Mobile of making false statements...

17 August 2021 | Legislation & Government

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...

20 May 2021 | Legislation & Government

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...

14 April 2021 | Legislation & Government