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SES to Acquire Intelsat in Compelling Transaction Focused on the Future April 30, 2024 - https://lnkd.in/eTzKCHNM SES S.A. (“SES”) and Intelsat S.A. (“Intelsat”) announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of $3.1 billion (€2.8 billion) and certain contingent value rights. The combination will create a stronger multi-orbit operator with greater coverage, improved resiliency, expanded suite of solutions, enhanced resources to profitably invest in innovation, and benefit from the collective talent, expertise, and track record of both companies.

William Smith

Consultant / Sales Eng / PM - IFC / Satcoms / Linux - Licensed

6mo

Its a good deal, but how will they compete in the LEO business, neither have any..

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Jose Ocasio-Christian

Senior Executive, Corporate Strategy, Policy, and BD Advisor, Board Member, and Founder. Defense, Space and Capital Markets Expert

6mo

Kevin French I think times have changed. A deal 18 or 24 months ago is not the deal to do now necessarily. This may not be about future, but survival due to the lack of customers available to do bulk buys.

Brian Harvey

Independent Space Analyst/EO specialist

6mo

SES will have 100 GEO sats in orbit after the transaction leaving LEO untouched by this move at least.

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