CETel, a global satellite communications and network service provider, has made a significant acquisition in the U.K. space market today. The company acquired U.K.-based Cobbett Hill Earth Station Limited (Cobbett Hill) for an undisclosed amount. CETel said that the move strategically increases its presence and activities in the marine and broadcast markets, alongside its traditional…

Shareholders of London-based satellite operator Inmarsat decided in mid-May that the company will be sold to Triton Bidco, a newly formed private consortium. Satellite industry analysts believe going private could provide Inmarsat’s management with more flexibility to navigate an upcoming period of disruption and changing business models. “To be private in this period in time could…

At its re:Mars conference, Amazon’s CEO Jeff Bezos took the stage today to be “interviewed” by Jenny Freshwater, Amazon’s director of forecasting. As any AWS machine learning tool could have forecasted, having an employee interview her boss didn’t lead to any challenging questions or especially illuminating answers, but Bezos did get a chance to talk…

David Tolley will join Intelsat as its new Executive Vice President and CFO, effective June 3. He most recently served as the CFO of OneWeb and served on the operator’s executive committee. Prior to OneWeb, Tolley served as a Senior Managing Director in the Private Equity Group at Blackstone, where he led satellite services strategy…