SES to acquire Intelsat in transformative $3.1bn deal to enhance global satellite communications

SES to acquire Intelsat in transformative $3.1bn deal to enhance global satellite communications

In a landmark deal in the satellite communications industry, SES S.A. (“SES”) has announced the acquisition of Intelsat Holdings S.a.r.l., an affiliate of Intelsat S.A. (“Intelsat”), for a total cash consideration of $3.1 billion (€2.8 billion) along with certain contingent value rights. This transaction is poised to create one of the most formidable multi-orbit satellite […]

Jio, SES create Indian satellite broadband JV – Jio Space Technology

Jio, SES create Indian satellite broadband JV – Jio Space Technology

Jio Platforms Limited (JPL), a subsidiary of Reliance Industries Limited, has created a 51:49 satellite broadband joint venture (JV) called Jio Space Technology with SES, a Luxembourgish satellite-based content connectivity solutions provider. Jio Space Technology will be engaged in providing satellite broadband services in India. The joint venture will utilize multi-orbit space networks — a […]