SES To Purchase Intelsat, Creating European Satcom Giant
SES and Intelsat had talked about a merger in early 2023 but could not agree to terms. Still, the need to pair their services persisted.
Credit: SES
European satellite communications provider SES is to buy U.S. rival Intelsat in a bid to keep up with growing competition from low-Earth-orbit services such as Starlink and OneWeb. SES announced April 30 that it agreed to pay $3.1 billion for the storied Intelsat, creating a multi-orbit operator...
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