SES secures the final green light for its $3.1 billion cash acquisition of Intelsat. This deal bolsters global satellite communications by combining two powerful telecom players.
What’s Happening & Why This Matters
SES recently announced it has obtained all necessary regulatory approvals to acquire Intelsat, including clearance from the United States Federal Communications Commission (FCC). This marks the last hurdle before closing the deal, expected around July 17, 2025.
The acquisition was first announced on April 30, 2024. It involves SES buying 100% of Intelsat in a cash transaction. The agreement’s aim is to enhance SES’s global footprint and satellite communication capabilities.
This deal merges SES’s multi-orbit satellite systems with Intelsat’s robust media and connectivity services. The combined network will be among the largest and most comprehensive space-based communications platforms worldwide.
SES emphasizes that the integration of Intelsat will help meet growing demand for high-quality satellite services, powering everything from broadband to broadcast media. The merger aims to increase network resilience and service flexibility across different orbits.
A formal press release will confirm the official closure once the transaction completes, setting a new chapter in satellite communications.
TF Summary: What’s Next
SES’s acquisition of Intelsat signals a strategic expansion that could redefine satellite communications globally. The merged entity will offer broader coverage, enhanced service options, and stronger media connectivity.
This combined strength positions SES to better compete with emerging satellite providers and meet increasing market demands. Time determines if SES integrates Intelsat’s assets and capabilities.
— Text-to-Speech (TTS) provided by gspeech