Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
    • The University of Bath
    • AON
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • The Trend Micro Cybersecurity Knowledge Hub
    • Talk Crypto
    • Schroders Talk
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • Crypto Magazine
    • Crypto AM Summit & Awards 2022
  • Opinion
    • Features
    • Letters
    • The City View
  • Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • Doceo
    • Warwick Business School
    • 10 solutions to help you plan for a more secure future
    • 10 ways to run a more efficient business
    • Eight Finance and Legal Solutions to help you make better use of your Assets
    • The Business Guide
  • Unwind
    • Life & Style
    • Sport
    • The Punter
    • LIV Golf
    • Travel
    • Sport Business
    • The Punter Podcast
    • Aramco Team Series
    • Culture
    • Green Economy
    • The Magazine
    • The DiverCity Podcast
  • Impact A.M.
  • Latest Paper
  • Jobs
  • CityAM Awards 2023
Breaking News
Hunt hits back at recession ‘declinism’

Inmarsat

  • Tech could get Britain’s net zero target back on track

    climate crisis

    Tech could get Britain back on track to meet its net zero commitment after the chair of the independent Climate Change Committee warned that progress on the target had gone awry in recent months. With the UN’s flagship climate conference COP27 in Egypt one week away, Committee chair Lord Deben told The Independent today that [...]

  • Inmarsat president: Governments must solve space junk to reach net zero

    satellites

    British satellite giant Inmarsat has a message to governments worldwide: “Make sure space is still available to all” or risk losing out on significant CO2 reduction benefits. With the likes of Elon Musk ramping up activity in space, it has been warned that an average of one tonne of ‘stuff’ could be launched into orbit [...]

  • Inmarsat posts humble revenue growth as satellite giant gears up for Viasat’s £5.4bn takeover

    SATELLITE

    British satellite giant Inmarsat reported a humble 6.3 per cent hike in revenue to $1.35bn (£1.03bn) in 2021 as the company gears up for the completion of its $7.3bn (£5.4bn) takeover by US rival Viasat.

  • Satellite giants strike a deal with government for new UK space jobs

    March 21, 2022

    US and UK satellite giants Viasat and Inmarsat have inked a deal with government to create new space jobs in the UK. The UK has thrown its arms around its blossoming space sector over the past 12 months, as it readies for the first-ever launches from home soil by the end of this year. Viasat [...]

  • Inmarsat takes on Elon Musk and Oneweb with satellite network launch

    July 29, 2021

    British satellite giant Inmarsat is launching a new network of satellites to offer global broadband and 5G services, joining an escalating space race alongside rivals Elon Musk and Oneweb. The project, dubbed Orchestra, will bring together the company’s existing geosynchronous satellites (Geo) with low-earth orbit satellites (Leo) and land-based 5G services to create a single [...]

  • Inmarsat appoints former Nokia boss as its new chief executive

    February 24, 2021

    British satellite giant Inmarsat today said it has appointed former Nokia boss Rajeev Suri as its new chief executive. Suri, who stepped down as president and chief executive of the Finnish telecoms giant in 2020 after six years at the helm, will take up the position next month. He will replace Rupert Pearce, who has [...]

  • Oaktree abandons attempt to stall $6bn Inmarsat deal

    December 3, 2019

    Inmarsat shareholders have dramatically dropped their objections to a take-private deal on the day they were set to raise them in court. A consortium led by Oaktree Capital was expected to try and block a $6bn offer made by hedge funds in the High Court today. Oaktree, Kite Lake Capital Management and Rubric Capital Management [...]

  • Private equity firms rule out increasing Inmarsat bid ahead of High Court hearing

    December 2, 2019

    The private equity consortium seeking to buy British satellite company Inmarsat has refused to up its bid or extend its expiration date ahead of a High Court hearing tomorrow, despite a legal challenge that could see the deal collapse. Connect Bidco, a consortium involving Apax Partners, Warburg Pincus, Canada Pension Plan and Ontario Teachers’ Pension [...]

  • Inmarsat and BT cut ties with Prince Andrew over Epstein friendship

    November 20, 2019

    Inmarsat and BT have become the latest organisations to cut ties with the Duke of York in light of questions about his relationship with convicted sex offender Jeffrey Epstein. A source close to Inmarsat confirmed to City A.M. that the satellite company had withdrawn its sponsorship. In a statement, BT said that they would no [...]

  • Inmarsat rejects call from investor to delay takeover court hearing

    November 5, 2019

    Satellite firm Inmarsat, which is being bought by a private equity-led consortium, has rejected a call by investor Oaktree Capital to delay a takeover court hearing until it has clarity on the status of its US spectrum holdings. Oaktree, which has a 2.85 per cent stake in Inmarsat, called on the board to delay the [...]

Posts navigation

  • Page 1
  • Page 2
  • Page 3
  • Page 4
  • Next

Trending Articles

  • Reddit user's outrageous pan project sends internet into meltdown

  • Kremlin 'power grab' in full swing as controversial Wagner Group boss pushes Putin to boot defence chief Shoigu

  • Recession risks ramp up as UK economy goes ‘from bad to worse’

  • A Russian billionaire, the Dyson family, Gym Shark founder and Sting are among 100 of the richest Brits who paid nearly £5.2bn in tax during 2022

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2023

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2023 City A.M. Limited