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INMARSAT

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Verizon gets approval for TracFone purchase Verizon stated in September 2020 that it will attempt to acquire TracFone Wireless, a pre-paid mobile phone operator, for $6.25 billion. The FCC approved the transaction last week, attaching restrictions that would safeguard TracFone customers in a variety of ways, including ensuring inexpensive 5G handsets and avoiding price rises, all of which will be evaluated on a regular basis by an independent agency. Verizon is also required to participate in the Lifeline program, which provides subsidies to low-income subscribers. TracFone is now one of the major carriers supporting  the Lifeline program, with 1.7 million low-income subscribers participating across the country. Read more at: https://tinyurl.com/jxrh6p5v Tata Communications launches GlobalRapide Tata Communications, a worldwide digital ecosystem facilitator, has announced Tata Communications GlobalRapide, an end-to-end managed UCaaS that enables organizations to provide workers with technologically enhanced, sophisticated and intelligent collaboration experiences. With this new solution, Tata Communications…

 Viasat, a worldwide communications company, and Inmarsat, a major UK-based supplier of global mobile satellite communications services, have announced the signing of a formal agreement under which Viasat will buy Inmarsat for $7.3 billion.   The merger will establish a global communications leader with increased size and breadth to link the globe more economically, safely and securely. The new organization’s complementary assets and resources will allow the launch of innovative new services in both the mobile and fixed segments, giving customers more options in broadband communications and narrowband services, such as IoT.   The merged business intends to combine both companies’ spectrum, satellite and terrestrial assets into a worldwide high-capacity hybrid space and terrestrial network able to offer exceptional service in the rapidly developing commercial and government sectors.   Together, these businesses will establish a formidable multi-spectrum, multi-orbit powerhouse. With production and people capacity around the world, the new company…