Inmarsat faces relegation from FTSE 100
Satellite communications group’s technical problems and profit warning may push it into FTSE 250 just a year after joining top flight indexInmarsat, the satellite communications group, is on course to lose its place in the FTSE 100 less than a year after joining the top flight index.The company has run into a number of obstacles in recent months, including delays in completing its Global Xpress satellite network – which offers high-speed broadband services to customers such as airlin
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