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UK s Inmarsat to launch low-orbit satellites for high-
trust.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trust.org Daily Mail and Mail on Sunday newspapers.
UK s Inmarsat to launch low-orbit satellites for high-capacity service
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
UK s Inmarsat to launch low-orbit satellites for high-capacity service
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
UK s Inmarsat appoints former Nokia boss Rajeev Suri CEO
02/24/2021 | 09:57am EDT
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LONDON (Reuters) - British satellite company Inmarsat said on Wednesday it had appointed Rajeev Suri, the former boss of Nokia, to replace Rupert Pearce as chief executive on March 1.
Inmarsat, which was previously listed in London, was sold to a consortium of UK-based Apax Partners, U.S.-based Warburg Pincus, Ontario Teachers Pension Plan and the Canada Pension Plan Investment Board for $3.4 billion in 2019.
Suri stepped down from the Finnish telecoms equipment maker in August 2020 after more than a decade in charge of Nokia and Nokia Siemens Networks.
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A private equity consortium s $3.4 billion (£2.65 billion) takeover of British satellite company Inmarsat was approved at a court hearing on Tuesday after hedge fund investors dropped a plan to challenge the value of the deal.
LONDON (Reuters) - A private equity consortium s $3.4 billion (£2.65 billion) takeover of British satellite company Inmarsat was approved at a court hearing on Tuesday after hedge fund investors dropped a plan to challenge the value of the deal.
Activists Oaktree, Kite Lake and Rubric Capital wanted the court to block the deal s scheme of arrangement because they said the price did not reflect the value of Inmarsat s longstanding agreement with U.S. broadband company Ligado.