News about Rajeev Suri

Viasat, the US behemoth, was aiming to close the $5.6 billion acquisition of rival Inmarsat before the year's end. The Competition and Markets Authority had launched it into a "phase one" probe, fearing that it could result in a consumer harmed. And the surveillance service provided the satellite companies five days last week to prevent a 'phase two' probe by making plans to address the satellite companies' issues. However, the companies were unable to find a solution, and as a result, the CMA said the acquisition would'remove a key competitor from the market.'