Acquisitions cloud consolidation picturefor MSS and Internet-in-the-Sky
Recent moves by the EchoStar Corp./Dish Network group to acquire Hughes Communications and ICO Communications subsidiary DBSD have recast the battle for control of the fast-growing broadband and mobile satellite sectors. The mobile satellite service (MSS) segment in particular suffers from over-fragmentation and has long been considered ripe for consolidation. Until EchoStar/Dish made its move, the Harbinger Funds and their chief executive, Philip Falcone, had been considered the prime ...
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