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  • Jan. 6, 2014, 2:03 PM
    • Echostar (SATS -0.5%) acquires Irish mobile satellite services operator Solaris Mobile. Terms were undisclosed.
    • Of particular value to Echostar, Solaris has an EU license for mobile satellite service with a complementary S band. The company is deploying a satellite and ground network for wholesale access across the EU in the 30 MHz S band. SATS will provide Solaris with MSS satellite capacity.
    • As of the end of 2012, Solaris had €10.4M in total assets and €0.7M in liabilities.
    | Jan. 6, 2014, 2:03 PM