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Two giants in the satellite telecom industry join forces to counter Starlink
SES is buying Intelsat, the world's first commercial satellite operator, for $3.1 billion.
Facing competition from Starlink and other emerging satellite broadband networks, the two companies that own most of the traditional commercial communications spacecraft in geostationary orbit announced plans to join forces Tuesday. Advertisement "In a fast-moving and competitive satellite communication industry, this transaction expands our multi-orbit space network, spectrum portfolio, ground infrastructure around the world, go-to-market capabilities, managed service solutions, and financial profile," said Adel Al-Saleh, CEO of SES, in a statement announcing the acquisition of Intelsat. Viasat, a pioneer in satellite Internet services using dedicated spacecraft in geostationary orbit, last year purchased Inmarsat, which specialized in providing connectivity to airplanes and ships.
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