Spanish state’s digital musical chairs continues: Indra said to near Hispasat buy

giw-tt-indra-hispasat-sanchez

Source: Pexels / Mikhail Nilov

Defence and IT conglomerate reportedly closing in on €650m acquisition of satellite operator to grow defence and space capabilities. State holding company SEPI again seen pulling strings, following Telefónica coup. National, regional and global geopolitical angles…

This article includes:

  • Organisations: Altice; América Móvil; Centre for the Development of Industrial Technology (CDTI); Deimos; El País; Elecnor; Escribano Mechanical & Engineering (EM&E); European Union (EU); Globe Telecom; Hisdesat; Hispasat; Indra; IRIS2; Media Networks Latin America; Minsait; Orange; Redeia; Saudi Telecom Company (stc); Sociedad Estatal de Participaciones Industriales (SEPI); Space NewCo; Telecom Italia (TIM); Telefónica; Vodafone.
  • Geographic: Africa; Americas; Europe; Latin America; Saudi Arabia; Spain.
  • People: José María Álvarez-Pallete; José Vicente De los Mozos; Ángel Escribano; Marc Murtra; Pedro Sánchez.
  • Themes: Aerospace; Air traffic; Defence; Digital service providers; Digital transformation; Energy; Financial services; Geopolitical tensions; Ground infrastructure; Industrial strategy; IT solutions; Leading the Future strategy; LEO space constellation; M&A; National champion; National security; Satellite communications; Satellite operator; SatCo; Space capabilities; Telecoms.
  • Events: European Recovery and Resilience Facility; Hispasat acquisition by Indra; Indra’s acquisition of Deimos; SEPI’s stake increase in Telefónica; Telefónica leadership change.

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