fb
SWGL Fanshop Edition One

Viasat buys Eutelsat’s KA-SAT and European broadband platform

Paris, 20 November 2020. – Divorce completed: Viasat buys Eutelsat’s 51% share in their former European broadband partnership and its KA-SAT satellite platform, the Californian company announced.

Viasat acquires Eutelsat’s 51% share of Euro Broadband Infrastructure (EBI), the wholesale broadband services business that both companies jointly created in Europe.

It will also acquire the KA-SAT platform on Eutelsat’s 9B satellite at 9 degrees East and the related ground infrastructure and add all to its established retail broadband services business, Viasat said.

EBI provides fixed and mobile broadband services on a wholesale basis in the European and Mediterranean markets.

Viasat acquires Eutelsat’s EBI share and its KA-SAT platform for €140 million, the company said; the transaction is expected to close in the first quarter 2021.

Check Also

#SpaceWatchGL Opinion: Addressing the limitations of our current approach to collision risk from space debris

The advent of large satellite constellations has focused attention on the risks associated with increasing activity in space. The growing space traffic and debris population, which results in more conjunctions, has made apparent the limitations of our collision avoidance capabilities and processes.