Satcom Industry Going Through 'Hard Reset,' With M&A Next, NSR Says

The 2020 wave of satcom bankruptcies -- including Intelsat, OneWeb and Speedcast -- pointed to an industry "hard reset" that could leave it stronger after the pandemic, Northern Sky Research analyst Joseph Ibeh blogged Thursday. Coming next will be mergers and acquisitions as declining backlog will mean operators moving into the service business, with big operators acquiring regional ones to get market share or taking a vertical acquisition approach, he said.