Airbus To Divest Commercial Mobile Satellite Services Division

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Airbus Defence and Space said it would sell a suite of assets including its commercial satellite communications services business — mainly mobile satellite services — as it focuses on its core space, military aircraft, missiles and other divisions.

The units targeted for sale “will have better chances for growth and market success in different ownership structures,” the company said in a statement. An Airbus official said none of the government satellite communications services business lines are affected by the proposed divestiture. The main business to be sold is the commercial mobile satellite division purchased in late 2011 under the name of Vizada.

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