SES plans to buy fellow satellite operator Intelsat, in a deal that could help the combined company compete with SpaceX's huge Starlink broadband network. Luxembourg-based SES is acquiring ...
(Reuters) - Satellite company SES has agreed to buy Intelsat Holdings for $3.1 billion in a deal that would create a major European player but raised investor concerns around debt, sending the ...
Two of the world's largest satellite operators come from Luxembourg; last year, merger talks failed. Now a billion-euro takeover has been agreed.
SES and Intelsat are facing growing competition from firms providing services from low Earth orbits, like Elon Musk's Starlink - Copyright AFP/File PASCAL GUYOT SES ...
April 30 (Reuters) - Satellite company SES has agreed to buy all the shares of Intelsat Holdings for about $3.1 billion in a deal that would create a European giant in the industry, the companies ...
Analyst Ryan Koontz of Needham maintained a Buy rating on Gilat (GILT – Research Report), retaining the price target of $8.50. Ryan Koontz has given his Buy rating due to a combination of factors that ...
European satellite group SES will acquire US rival Intelsat for $3.1 billion, the companies said Tuesday, seeking to compete in a race for space-based internet service led by Elon Musk's Starlink.