Inmarsat trims dividend, boosts IFE investment
Rupert Pearce, CEO of London-based Inmarsat, told investors on March 9th that the satellite operator would cut its dividend from 54 cents (in 2016) to 33.6 cents for the past year, to permit the company to place resources behind its growing In-Flight communications and entertainment business. Inmarsat warned that next year’s dividend (that is for […]