[Satellite Today 02-11-09] Avanti Communications has received an unsolicited approach for the company, it said Feb. 10. The European based satellite operator, which is getting set to launch its high-powered HylasOne satellite later this year, made the statement after movement in its share price.
The company confirmed in a statement that it had received “an unsolicited preliminary approach regarding a possible offer for the company”, but that it had “rejected this approach”, saying it had “excellent prospects” as an independent group.
Avanti Rejects Approach
FCC Kicks Off Review of Amazon/Globalstar Deal
The FCC has kicked off its review process for Amazon’s acquisition of Globalstar, seeking comment on the deal by July 6. Amazon moved in April to acquire Globalstar in a […]
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ConnectivityFCC Kicks Off Review of Amazon/Globalstar Deal
