Telenor Buys Lockheed Satellite Unit

Norwegian state telecoms group Telenor ASA said on Tuesday it was buying Lockheed Martin Global Telecommunication’s (LMGT) COMSAT mobile communications operations for $116.5 million in cash. A joint statement said that “COMSAT Mobile provides global mobile communications solutions to the maritime, land mobile and aeronautical communities, and offers data, voice, fax, telex and video capabilities … Continue reading Telenor Buys Lockheed Satellite Unit