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<\/span><\/figcaption><\/figure>NEW DELHI: Satellite communications<\/a> firm Viasat<\/a> has received stockholder approvals for the proposed acquisition of Britain’s Inmarsat<\/a>.

“Viasat Inc. announced today that, at its Special Meeting of Stockholders, it received the necessary stockholder approvals for the proposed acquisition of Inmarsat,” it said in a statement Monday.

Viasat reiterated that it expects the transaction, valued at $7.3 billion, to close in the second half of the calendar year 2022, subject to the receipt of certain regulatory approvals and clearances and the satisfaction of other customary closing conditions.

The transaction value comprises 850.0 million in cash, approximately 46.36 million shares of Viasat common stock valued at $3.1 billion based on the closing price on Friday November 5, 2021, and the assumption of $3.4 billion of net debt.

\"Hughes<\/a><\/figure>

Hughes says successfully tested 5G satellite backhaul<\/a><\/h2>

For the tests, Hughes engineers connected 5G smartphones to the internet with Jupiter System infrastructure – including a very small aperture terminal (VSAT), gateway and high throughput satellite. <\/p><\/div>

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<\/span><\/figcaption><\/figure>NEW DELHI: Satellite communications<\/a> firm Viasat<\/a> has received stockholder approvals for the proposed acquisition of Britain’s Inmarsat<\/a>.

“Viasat Inc. announced today that, at its Special Meeting of Stockholders, it received the necessary stockholder approvals for the proposed acquisition of Inmarsat,” it said in a statement Monday.

Viasat reiterated that it expects the transaction, valued at $7.3 billion, to close in the second half of the calendar year 2022, subject to the receipt of certain regulatory approvals and clearances and the satisfaction of other customary closing conditions.

The transaction value comprises 850.0 million in cash, approximately 46.36 million shares of Viasat common stock valued at $3.1 billion based on the closing price on Friday November 5, 2021, and the assumption of $3.4 billion of net debt.

\"Hughes<\/a><\/figure>

Hughes says successfully tested 5G satellite backhaul<\/a><\/h2>

For the tests, Hughes engineers connected 5G smartphones to the internet with Jupiter System infrastructure – including a very small aperture terminal (VSAT), gateway and high throughput satellite. <\/p><\/div>