Satellite heavyweights SES and Intelsat to combine in $3.1B merger

Ryan Daws — Wed, 01 May 2024 11:27:34 +0000

Two of the commercial satellite industry’s biggest players are joining forces to fortify their position against the onslaught of emerging low-Earth orbit broadband constellations led by SpaceX’s Starlink network. In a $3.1 billion deal announced Tuesday, Luxembourg-based SES will acquire rival operator Intelsat—creating a combined fleet of around 100 satellites in geostationary orbit (GEO). The... Read more »

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SES ends Intelsat acquisition talks

Ryan Daws — Thu, 22 Jun 2023 09:58:53 +0000

SES has announced that it has ceased merger talks with Intelsat, ending plans for further consolidation in the satellite internet sector. The potential combination of the businesses, which was reported in March, would have created a significant player in the industry. According to Bloomberg, the transaction would have been valued at over $10 billion, including... Read more »

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Satellite heavyweights SES and Intelsat to combine in $3.1B merger

SES ends Intelsat acquisition talks