SES has confirmed its acquisition of rival satellite communications giant Intelsat for $3.1 billion, a strategic move aimed at bolstering its position in a market increasingly disrupted by low ...
(RTTNews) - SES AI Corp. (SES), Tuesday announced the decision to acquire Intelsat Holdings for a cash consideration of $3.1 billion and certain contingent value rights. The company said that the ...
In a landmark move shaking the satellite communications market, SES, the Luxembourg medium-Earth orbit (MEO) satellite ...
SES plans to buy fellow satellite operator Intelsat, in a deal that could help the combined company compete with SpaceX's huge Starlink broadband network. Luxembourg-based SES is acquiring ...
LUXEMBOURG & MCLEAN, Va.--(BUSINESS WIRE)--SES S.A. (“SES”) and Intelsat S.A. (“Intelsat”) announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of ...
While a move to gain scale was welcomed by analysts, concerns it might not do much to close the gap with U.S. rivals, while saddling SES with debt, sent its Paris-listed shares down as much as 16. ...
Two of the world's largest satellite operators come from Luxembourg; last year, merger talks failed. Now a billion-euro takeover has been agreed.
European satellite group SES will acquire US rival Intelsat for $3.1 billion, the companies said Tuesday, seeking to compete ...
The long-running litigation between SES and Intelsat over the FCC’s C-band compensation payments, and running since May 2020, ...
European satellite group SES will acquire US rival Intelsat for $3.1 billion, the companies said Tuesday, seeking to compete in a race for space-based internet service led by Elon Musk's Starlink.