|
Intelsat ends merger talks with SES
Posted: Sat, Jun 24, 2023, 10:41 AM ET (1441 GMT) Intelsat has ended merger talks with rival satellite operator SES. The companies had been negotiating a deal for at least three months that would have formed a group with around $4 billion in annual revenue as the companies face growing competition from SpaceX's Starlink and other megaconstellations. However, SES and Intelsat were ultimately unable to see eye-to-eye about their potential combination, including disagreements about billions of dollars in C-band spectrum clearing payments. SES confirmed early Thursday that those merger talks were over.
Related Links:
|
|
|
about spacetoday.net · info@spacetoday.net · mailing list |
