Connect Bidco Limited, registered in Guernsey, was established in 2019 as a special purpose vehicle to acquire Inmarsat plc (now Inmarsat Group Holdings Limited). Following the acquisition, Connect Bidco functions primarily as a holding company deriving income from its subsidiaries, including Inmarsat. Inmarsat is a satellite telecommunications company that offers global mobile services through its fleet of geostationary satellites, providing data and voice connectivity to various sectors, including maritime, government, and aviation. In 2023, Connect Bidco was acquired by Viasat Inc.
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Connect Bidco offered $7.21 per share for Inmarsat.
Connect Bidco is the consortium buying British satellite operator Inmarsat for $3,300,000,000.