Inmarsat Deal Will Need Variety of Regulatory OKs: Viasat

Viasat's proposed $7.3 billion acquisition of Inmarsat is "a complex transaction involving a variety of necessary approvals to be obtained before closing," a company spokesperson emailed us Tuesday in response to our question about what regulatory approvals will be needed (see 2111080038). The companies "will be positioned to accelerate innovation, deliver enhanced quality of service, provide more product choice, and deliver greater value to existing and new customers, in a robustly competitive marketplace featuring a large number of capable suppliers, with additional satellite capacity constantly coming online."