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SES-Intelsat possible merger
March 29th, 2023 - 09:11 GMT

Satellite firm SES considers merger with Intelsat

ALBAWABA — European satellite telecommunications provider SES said Wednesday it is exploring a possible merger with US rival Intelsat in what would be another tie-up in the sector as the race for space-based Internet service heats up. A tie-up between SES and Intelsat would lead to the creation of a $10 billion plus group in a merger that would need the nod of Luxembourg government, SES's top shareholder, according to ...
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