Connectivity

Inmarsat Rejects Echostar's 'Undervalued' Bid

British mobile satellite operator Inmarsat has rejected a $3.2 billion bid from U.S.-based satellite group EchoStar, saying the offer “very significantly undervalued” the company and its standalone prospects. Echostar dropped the offer minutes before the…

Connectivity

Inmarsat Snubs Initial EchoStar Acquisition Bid

Inmarsat has rejected an initial acquisition approach from EchoStar, Inmarsat confirmed in a statement issued late last week saying the “highly preliminary” proposal “significantly undervalued” the company. Inmarsat is one of the jewels in…