SES has completed its $3.1bn (€2.8bn) acquisition of rival Intelsat, creating a global satellite operator with an expanded fleet of 120 satellites.
The completion of the deal follows regulatory approval this summer for the transaction, including from the US Federal Communications Commission and the European Commission.
The companies provide ‘one-way' satellite capacity to broadcasters in the media sector, as well as ‘two-way' satellite capacity to a range of other industry sectors such as aviation, maritime and government.
In a statement, SES said the company's assets and networks, once fully integrated, will help it to better serve its customers.
The company said it would look to strengthen its network and explore emerging growth markets including Internet of Things (IoT), direct-to-device communications, inter-satellite data relay, space situational awareness, and quantum key distribution.
SES said it expects to deliver synergies worth €2.4bn from the deal, with 70% of the efficiencies coming within three years after closing. It said the savings will primarily come from streamlined operations, optimised capacity costs, and procurement efficiencies, along with the strategic integration of satellite fleets and ground infrastructure.
Adel Al-Saleh, CEO of SES, said: “In this new chapter, we are bringing together a powerful mix of talented people, network infrastructure, spectrum, innovation, and global relationships that will allow us to deliver next-generation connectivity and space-enabled services in smarter and quicker ways.”
SES remains headquartered in Luxembourg and is publicly listed on the Paris and Luxembourg stock exchanges.
Alex Mahon and Charlotte Moore receive New Year Honours
Former Channel 4 Chief Executive Alex Mahon and ex-BBC Chief Content Officer Charlotte Moore are among the recipients in the 2026 New Year Honours list.
Women directed 8% of top 100 movies in 2025
The representation of women directors of the top films at the North American box office dropped significantly in 2025, according to the latest study from the University of Southern California (USC)’s Annenberg Inclusion Initiative.
WBD likely to reject Paramount's latest hostile bid
Warner Bros. Discovery (WBD) is likely to reject Paramount Skydance's $108.4bn hostile bid, according to reports.
FACT and UK police warn illegal streamers
The Federation Against Copyright Theft (FACT) has contacted over a thousand individuals across the UK, warning them to immediately cease using illegal TV streaming services or face the risk of prosecution.
.jpg)
UK actors vote to refuse being digitally scanned on set
Members of the UK performer union Equity working in film and TV have voted to refuse to be digitally scanned on set by a landslide 99.6%, in an effort to secure artificial intelligence protections.
