Telematics Weekly

industry insight, news and interviews paid sponsor: Sancomm, Inc. Free Subscription September 6, 2010

Inmarsat at Crossroads

Har­bin­ger Cap­i­tal said in July 2008 it was con­sid­er­ing a bid for Inmarsat. Har­bin­ger owns a 28 per cent stake in the com­pany, which is close to the bid thresh­old. It also owns Inmarsat’s US peer SkyTerra and holds a stake in another, Ter­reStar. Fol­low­ing Harbinger’s announce­ment last week that it is plan­ning to build a costly next-​​generation wire­less net­work across the US, the like­li­hood of a bid for Inmarsat has receded. Now, it will face greater com­pe­ti­tion from Glob­al­star and Irid­ium, which are launch­ing satel­lite con­stel­la­tions for mobile satphones.

continue reading…