FCC Approves Viasat's Proposed Acquisition of Inmarsat
The EU has yet to rule on the deal
CARLSBAD, Calif. and LONDON—The Federal Communications Commission has approved Viasat’s proposed acquisition of Inmarsat, the two companies are reporting.
The FCC's decision leaves the European Commission's (EC) competition review as the key ongoing regulatory review of the deal.
The $7.3 billion acquisition was announced in November of 2021.
Subject to required regulatory approvals, clearances and other customary closing conditions, the transaction is expected to close later this month.
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George Winslow is the senior content producer for TV Tech. He has written about the television, media and technology industries for nearly 30 years for such publications as Broadcasting & Cable, Multichannel News and TV Tech. Over the years, he has edited a number of magazines, including Multichannel News International and World Screen, and moderated panels at such major industry events as NAB and MIP TV. He has published two books and dozens of encyclopedia articles on such subjects as the media, New York City history and economics.