US Edition
EU clears European satellite giant SES bid for US rival Intelsat
- SES and Intelsat, both headquartered in Luxembourg, announced their $4 billion merger in April 2024, with unanimous board approval from both companies.
- Intelsat shareholders approved the deal in June, while US regulatory reviews by the FCC and DOJ remain as the final major approval steps.
- The European Commission and UK's Competition and Markets Authority approved the merger unconditionally, citing sufficient competition from terrestrial and LEO operators like Starlink and Viasat.
- SES projected the total acquisition expense to be 3.5 billion euros, comprising 3 billion euros paid upfront in cash and an additional 531 million euros dependent on Intelsat’s successful monetization of its C-band spectrum.
- The merger will unite the world's two largest geostationary satellite fleets, enhancing network coverage and resilience while US regulators scrutinize concerns over competition and national security.
23 Articles
23 Articles
Viasat Announces Comprehensive Agreement with Ligado Networks
CARLSBAD, Calif., June 13, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that its subsidiary Inmarsat Global Ltd. (“Inmarsat”) has agreed to a binding term sheet with Ligado Networks (“Ligado”) and AST…
CHRONIQUE. On Tuesday, the European Commission approved the acquisition of the American Intelsat by the Luxembourger SES. Since Donald Trump threatened to interrupt Ukraine's access to Starlink, Europe wants to quickly build an alternative to the satellite operator of Elon Musk, says Isabelle Chaperon, economic journalist in the "World".
EU greenlights SES acquisition of Intelsat in 3.1 bln USD satellite merger
BRUSSELS, June 10 (Xinhua) -- The European Commission on Tuesday unconditionally approved satellite operator SES's 3.1-billion-dollar bid to acquire Intelsat, a deal expected to strengthen Europe's position in the fast-growing satellite broadband market. Read full story
Europe clears SES-Intelsat deal without conditions
Europe has unconditionally approved SES’ plan to buy rival satellite operator Intelsat, leaving the United States as the final major regulatory hurdle in the way of the $4 billion deal. The post Europe clears SES-Intelsat deal without conditions appeared first on SpaceNews.
European Satellite Giant with Chinese Military Ties Seeks to Acquire Intelsat
Luxembourg-based SES is pursuing a takeover of Intelsat that would unite the world's two largest satellite fleets under European control while maintaining partnerships with Chinese military-linked companies, raising national security concerns for U.S. regulators.
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