Name: Satellite operator SES acquiring Intelsat in $3.1 billion deal
Uploaded: 2024-05-01T01:37:45-04:00
Duration: 5 min
Description: 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 Virginia-based multinational Intelsat for $3.1 billion in a deal that’s expected to close next year, the two companies announced today (April 30). “In a fast-moving and competitive […]

Tag: SES

Satellite operator SES acquiring Intelsat in $3.1 billion deal

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 Virginia-based multinational Intelsat for $3.1 billion in a deal that’s expected to close next year, the two companies announced today (April 30). “In a fast-moving and competitive […]