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<\/span><\/figcaption><\/figure>NEW DELHI: Satellite communications<\/a> (satcom<\/a>) providers Viasat<\/a> and Inmarsat<\/a> said the UK’s Competition & Markets Authority<\/a> (CMA) has concluded the phase II review of their $7.3 billion merger deal.

The companies in a joint statement said that the CMA’s phase II review has confirmed its “provisional findings that the transaction does not raise competition concerns, and allows Viasat’s proposed acquisition of Inmarsat to proceed without remedies”.

The UK government’s competition regulator in early March had provisionally cleared the deal, citing that the multibillion-dollar will not substantially reduce the supply of WiFi on commercial flights.

“This decision is an important milestone towards completion of the deal,” Viasat said. It added that the proposed transaction has now received clearance from the UK government under the National Security and Investment Act and the CMA, as well as the Australian government's Foreign Investment Review Board (FIRB) and the Committee on Foreign Investment in the United States.

\"We're delighted with the CMA's decision to unconditionally clear the deal to acquire Inmarsat, as it represents a critical step in securing final approvals to complete this transaction,\" said Mark Dankberg, chairman and CEO, Viasat.

\"Satellite<\/a><\/figure>

Satellite firm SES's first-quarter results beat expectations<\/a><\/h2>

SES expects to launch its fifth and sixth satellites for the project in June, having deployed two of its O3b mPOWER satellites in December 2022 and two more on April 28.<\/p><\/div>

\"\"
<\/span><\/figcaption><\/figure>NEW DELHI: Satellite communications<\/a> (satcom<\/a>) providers Viasat<\/a> and Inmarsat<\/a> said the UK’s Competition & Markets Authority<\/a> (CMA) has concluded the phase II review of their $7.3 billion merger deal.

The companies in a joint statement said that the CMA’s phase II review has confirmed its “provisional findings that the transaction does not raise competition concerns, and allows Viasat’s proposed acquisition of Inmarsat to proceed without remedies”.

The UK government’s competition regulator in early March had provisionally cleared the deal, citing that the multibillion-dollar will not substantially reduce the supply of WiFi on commercial flights.

“This decision is an important milestone towards completion of the deal,” Viasat said. It added that the proposed transaction has now received clearance from the UK government under the National Security and Investment Act and the CMA, as well as the Australian government's Foreign Investment Review Board (FIRB) and the Committee on Foreign Investment in the United States.

\"We're delighted with the CMA's decision to unconditionally clear the deal to acquire Inmarsat, as it represents a critical step in securing final approvals to complete this transaction,\" said Mark Dankberg, chairman and CEO, Viasat.

\"Satellite<\/a><\/figure>

Satellite firm SES's first-quarter results beat expectations<\/a><\/h2>

SES expects to launch its fifth and sixth satellites for the project in June, having deployed two of its O3b mPOWER satellites in December 2022 and two more on April 28.<\/p><\/div>