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

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 new behemoth born from the merger will boast more than twice the number of...

1 May 2024 | Broadband

SES ends Intelsat acquisition talks

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 debt.

SES confirmed the end of discussions in a statement, while Intelsat stated that it regularly engages in...

22 June 2023 | Hot Topics