SES, Intelsat mull merger - Mobile World Live

SES, Intelsat mull merger

29 MAR 2023

Satellite companies SES and Intelsat entered talks over a possible merger which could up space-based broadband competition against services backed by Elon Musk and Jeff Bezos, among others.

Bloomberg reported SES and Intelsat have been in discussions for a number of weeks regarding a deal which could create a company valued at more than $10 billion including debt.

The news outlet added an agreement could be reached in the coming weeks.

In a statement responding to the market rumours, SES confirmed talks had taken place, but noted “there can be no certainty that a transaction would materialise”.

SES provides satellite-based broadband services to government agencies, energy companies, ships, enterprises, aircraft and mobile operators from a constellation of more than 70 geostationary and medium Earth orbit birds (GEO and MEO, respectively).

Rocket company Space X launched a pair of second-generation SES MEO satellites in December 2022, as it moves to increase reach.

Intelsat operates a fleet of 56 GEO satellites, providing connectivity for in-flight Wi-Fi and mobile backhaul.



Mike Robuck

Mike Robuck is the U.S. Editor at Mobile World Live. He joined the Mobile World Live staff in February of 2022. Prior to joining GSMA, he was editor of FierceTelecom and of Light Reading’s Telco Transformation microsite. He has a...

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