Global communications company Viasat Inc., and Inmarsat, a provider of global mobile satellite communications services, announced that Viasat’s proposed acquisition of Inmarsat has received unconditional approval from the U.S. Federal Communications Commission (FCC).
The FCC’s decision leaves the European Commission’s (EC) competition review as the key ongoing regulatory process in relation to the transaction.
The transaction is expected to close in late May, subject to required regulatory approvals, clearances and other customary closing conditions.