Euro Broadband Infrastructure Sàrl (EBI) was a wholesale broadband services business that was initially a partnership between Viasat and Eutelsat Communications. Viasat fully acquired EBI in 2021, gaining complete ownership of the KA-SAT satellite and related ground infrastructure, providing satellite coverage over Europe and the Mediterranean region. KA-SAT provides bidirectional broadband internet access services.
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Viasat Inc. completed the purchase of Euro Broadband Infrastructure Sàrl (EBI) on 2021-04-30.
Viasat purchased the remaining 51% share of Euro Broadband Infrastructure Sàrl from Eutelsat Communications.
Viasat agreed to buy the remaining 49% of Euro Broadband Infrastructure for 140,000,000 EUR.
The 140,000,000 EUR purchase price for Euro Broadband Infrastructure may be adjusted up or down by up to 20,000,000 EUR depending on the level of certain EBI revenues achieved.
Viasat Inc. will purchase the remaining 51% share of Euro Broadband Infrastructure (EBI).
Prior to Viasat’s purchase, Eutelsat owned 51% and Viasat owned 49% of Euro Broadband Infrastructure, which operated KA-SAT and a wholesale broadband distribution business.
Viasat will purchase the remaining 51% share of Euro Broadband Infrastructure (EBI) from Eutelsat for €140M subject to customary net working capital and net debt adjustments.