SES has published its Q1 2025 results, reporting that it signed €360 million in new business during the quarter. The two highlights were the satellite operator’s Networks division which saw revenue grow 8.4 per cent YoY and its Government segment improve 13.1 per cent. The once important Media division, which looks after its DTH transmissions, […]

The UK’s Competition & Markets Authority (CMA) has launched a Phase 1 investigation into SES in relation to its proposed acquisition of Intelsat. The CMA believes that the proposed acquisition of Intelsat Holdings by Luxembourg-based SES could potentially lead to a substantial lessening of competition in one or more UK markets. The CMA is examining […]

SES CEO Adel Al-Saleh, in an interview, has said that despite the recent examples of acquisitions it must move even faster. SES is awaiting regulatory approvals for its purchase of rival Intelsat, and has recently made an investment in Lynk Global which is building a low Earth orbiting fleet of satellites for Direct-to-Consumer (D2C) connections. […]

SES has released the results of its Annual General Meeting (AGM) held on April 3rd. All of the motions were carried, but there were some notable objections which while not affecting the end result proved that not all of the proposed motions were 100 per cent supported. For example, Agenda item 10 (“Determination of the […]

SES will be providing its SES Open Orbits global inflight connectivity network to upgrade the airline fleets of Uzbekistan Airways and Thai Airways’ future B787 aircraft. Through its participating partners, the SES Open Orbits network offers connectivity across the skies, provides internet speeds up to 300 Mbps and is available on all production airframes, including […]

Consolidation is running through the satellite industry. A year ago it was Eutelsat absorbing OneWeb, Viasat buying Inmarsat and more recently SES making a $3.1 billion (€2.8bn) commitment to acquire rival Intelsat. The SES/Intelsat move is expected to wrap this summer. Consolidation is also affecting smaller satellite businesses. April 1st saw Canada-based MDA announce its […]

Satellite giant Intelsat, in the process of being bought by SES, has reported declining revenues across many of its key divisions. Its ‘Transponder Revenues’ vertical, which accounts for video services tumbled 10 per cent, while its In-Flight services division fell back 9 per cent (although 6 per cent when equipment sales were included). Intelsat stated […]

Various reports on a proposed $1.5 billion Italian plan for Elon Musk’s Starlink satellites talk of the agreement being ‘cancelled’ or ‘paused’ or ‘stalled’. In its place Eutelsat’s CEO has addressed the dilemma and specifically talking up Eutelsat’s ability to fill the Italian gap. Eutelsat CEO Eva Berneke told French parliamentarians that “Starlink ties Italy […]

One of the main complaints from an SES major shareholder, Appaloosa (which holds 7 per cent of SES) was the company’s poor dividend policy. However, SES used its report to shareholders ahead of its AGM on April 4th to explain in some detail how its dividend policy would evolve, and in some respects answer at […]

EIB Global – the European Investment Bank’s global arm – and the European Commission have signed a financial package worth almost €60 million with SES, a Europe-based provider of satellite-enabled content and connectivity solutions. This initiative aims to deliver satellite connectivity to remote rural areas in Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan. Nearly half of the […]