SES and Intelsat Agree to $3.1B Satellite Merger
Two of the commercial satellite industry’s largest operators are combining forces to strengthen their position against the rapid expansion of low-Earth orbit (LEO) broadband constellations led by SpaceX’s Starlink. In a $3.1 billion transaction announced Tuesday, Luxembourg-based SES will acquire rival Intelsat, forming a combined fleet of roughly 100 satellites in geostationary orbit (GEO). The … Read more