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Broadband services company $VSAT and France-based Eutelsat Communications said they have agreed to create a JV combining Eutelsat's European broadband business with $VSAT's broadband technologies and ISP business expertise. The JV will initially leverage KA-SAT, Eutelsat's broadband satellite. The transaction is expected to close in 2Q16.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th