A Global Satellite Leader
SES and Intelsat have announced a definitive agreement for SES to acquire Intelsat, creating a global leader in satellite communications with a combined world-class fleet of 69 satellites across multiple orbits.
Strategic Merger
The merger will enable the combined company to offer diverse solutions to customers worldwide, including:
- Broadband connectivity for homes and businesses
- Media and entertainment distribution
- Government and enterprise services
Enhanced Capabilities
Increased Reach and Capacity
The combined fleet will provide unparalleled coverage and capacity, reaching a potential customer base of billions of people.
Advanced Technologies
The merger brings together Intelsat’s expertise in high-throughput satellites and SES’s leadership in geostationary and medium earth orbit (MEO) satellites.
Innovation and Growth
The enhanced capabilities will drive innovation and enable the combined company to play a leading role in the future of satellite communications.
Customer Benefits
Customers will benefit from:
- Improved services and reliability
- Access to a wider range of solutions
- Competitive pricing and value-added services
Complementary Strengths
The merger leverages the complementary strengths of both companies:
- SES: Global reach, financial strength, and experience in MEO satellites
- Intelsat: Expertise in high-throughput satellites, media distribution, and government services
Financial Impact
The transaction is expected to generate significant cost synergies and create an entity with approximately $2 billion in revenue.
The transaction is subject to customary closing conditions, including regulatory approvals.
Forward-Looking Statements
Certain statements in this article may constitute forward-looking statements. These statements are based on current expectations and projections and involve risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements.
Kind regards B. Carpenter.