Satcom Industry Going Through 'Hard Reset,' With M&A Next, NSR Says
The 2020 wave of satcom bankruptcies -- including Intelsat, OneWeb and Speedcast -- pointed to an industry "hard reset" that could leave it stronger after the pandemic, Northern Sky Research analyst Joseph Ibeh blogged Thursday. Coming next will be mergers…
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and acquisitions as declining backlog will mean operators moving into the service business, with big operators acquiring regional ones to get market share or taking a vertical acquisition approach, he said.