However , by April 2017 talks between Spacecom and Xinwei had failed , and Spacecom began a new search for buyers .
Later statements from both companies stated that negotiations were ongoing , but that the purchase price was likely to be reduced .
By April 2017 talks between Spacecom and Xinwei had failed , and Spacecom began a new search for buyers .
Later statements from both companies stated that negotiations were ongoing , but that the purchase price was likely to be reduced .