Travel Blogs – Automation v2

Category: SES-26

SES snags Intelsat for $3.1 billion

Apr 30, 2024

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by

Seth Miller

in Adel Al-Saleh, David Wajsgras, GEO, HBCplus, IFC, IFEC, In Flight, in-flight connectivity, in-flight internet, in-flight wifi, inflight connectivity, inflight wifi, Intelsat, Ka-band, Ku-band, MEO, merger, mPower, NGSO, O3b, O3b mPOWER, Satellite, SES, SES-26, Travel

Written by Seth Miller @ PaxEx.Aero SES will acquire Intelsat in a $3.1 billion transaction, continuing the consolidation trend in the satellite provider space. Not surprisingly, the mobility segment plays a significant role in driving the value of the deal.