Inmarsat, its purchase by Viasat believed imminent, delivers Q1 growth in all four major divisions

by Peter B. de Selding

PARIS — Mobile satellite service provider Inmarsat, which believes its purchase by Viasat Inc. is imminent after 18 months of regulatory review, reported increased revenue in all four of its main operating verticals for the three months ending March 31, and an especially large rebound in the sales of its handsets, which had been depressed because of supply-chain bottlenecks.

The handset increase suggests that perhaps the recent success of competitor Iridium’s satellite telephone business — https://bit.ly/3YCg792 — is part of . . .

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