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Electronic device, Technology
Electronic device, Technology

SES and Intelsat:
The Biggest Deal of 2024

Seven takeaways from our latest editorial roundtable with ops leaders from top experiental agencies

A collection of Via Satellite interviews and in-depth analysis on the combination of two satellite industry giants.

After years of rumors of a possible merger, SES announced on April 30 that it will acquire fellow satellite operator Intelsat in a $3.1 billion deal. Bringing together these two industry giants will create the largest Geostationary (GEO) satellite operator in existence, with a fleet of more than 100 satellites. 

While not wholly surprising, the deal will likely have a major impact on the satellite industry. With massive GEO assets, SES’s Medium-Earth Orbit (MEO) fleet, and Intelsat’s agreement for Low-Earth Orbit (LEO) capacity, leaders say this deal will create a formidable multi-orbit operator to go after growth markets like government and mobility. 

In this Content Collection, Via Satellite takes a close look at the acquisition. We share commentary from a number of analysts breaking down the strength of the operators’ multi-orbit assets and how it will impact competition with Starlink and Kuiper. 

Our breadth and depth of coverage shows the full background of the deal — how both operators have evolved their businesses in recent years, and how executives have long been hinting at the value of consolidation. We highlight exclusive interviews like Steve Collar’s exit interview and an in-depth interview with SES’s new CEO Adel Al-Saleh. 

Via Satellite will continue to cover this acquisition, as it is expected to close in the second half of 2025. This Content Collection will serve as a dynamic hub to aggregate our coverage. 


SES and Intelsat: The Biggest Deal of 2024

Adel Al-Saleh on Why Combining SES and Intelsat Fuels the Operator to Scale Up
SES CEO Adel Al-Saleh lays out the case for why SES and Intelsat need to combine to have the fuel to scale up and better compete on a global stage.
Intelsat CEO David Wajsgras Explains Why the Time was Right for the SES Deal
Intelsat CEO David Wajsgras shares why the time was finally right to do the deal with SES, answers some of the ongoing questions about the acquisition, and talks about the importance of Intelsat’s terminal strategy.
SES Explains the Strategy Behind its Long-Anticipated Acquisition of Intelsat
SES and Intelsat closed the chapter on the will they/won’t they story, with news on Tuesday that SES will acquire Intelsat for $3.1 billion.
Breaking Down the SES/Intelsat Deal: Analysts Review Multi-Orbit Assets and Competitive Effects
Though it long had been the subject of rumors, SES‘s agreement to finally acquire Intelsat still sent shockwaves through the satellite industry as the result will see the merge of two iconic global operators.
SES’ Acquisition of Intelsat Marks a New Chapter in the History of the Space Age
The recent announcement that Luxemburg-based satellite operator SES acquired Intelsat, the former inter-governmental satellite organization, represents the final paragraph of what I describe as the third chapter of the Space Age.
SES’s New CEO Adel Al-Saleh Lays Out His Strategy for the Operator
In October last year, SES announced the appointment of Adel Al-Saleh as its new CEO.
Intelsat CEO Wajsgras Previews Deals in MEO, Land Mobility and Direct-to-Handset
Intelsat CEO Dave Wajsgras spoke during a fireside keynote on Monday during SATELLITE, detailing the company’s pivot from being a media networks capacity provider to a full-scale, end-to-end solutions provider, and previewed a number of potential deals in the works including Medium-Earth Orbit (MEO), land mobility, and direct-to-handset.
Top Operators Bring a Laser-Like Focus to New Markets
SATELLITE 2024’s Opening General Session on Tuesday brought together satellite industry leaders in a lively — and slightly heated — discussion on global broadband connectivity, technology, and what’s next for legacy operators amid competition from Starlink.
Intelsat Expects $2.1B in Revenue This Year, Execs Outline Pivot to Solutions Provider
McLean, VIRGINIA — Intelsat expects to earn $2.1 billion in revenue this year, CEO David Wajsgras said during an investor day event on Nov. 30, giving a rare look at the company’s finances and outlining its “strategic reset” from a bandwidth supplier to an end-to-end solutions provider.
Intelsat and SES Complete C-Band Spectrum Clearing
Both Intelsat and SES report they have completed activities to clear C-band spectrum, paving the way for the two companies to receive billions of dollars in payments.
Outgoing SES CEO Steve Collar Shares the Reasons Behind His Surprise Departure
Steve Collar has been the face of SES and O3b for just over a decade.
Analysts Caught Off Guard by Steve Collar’s Sudden Departure from SES, Describe Timing as “Odd”
SES’s announcement on Monday that Steve Collar is leaving his role as CEO means there will be huge change at one of the world’s biggest satellite operators.
Intelsat and SES Talks End Without a Merger
Intelsat has ended talks of a potential merger with fellow satellite operator SES, a source close to the discussions told Via Satellite.
Intelsat CEO David Wajsgras: 'Consolidation Makes Sense'
At World Satellite Business Week (WSBW) in Paris recently, there was a lot of chatter about a potential combination of Intelsat and SES.
Credit Suisse Report Highlights Synergy of Hypothetical SES/Intelsat Merger
Anew report from Credit Suisse explores possibilities for consolidation among the largest companies in the satellite sector, estimating that in the event that SES and Intelsat merged, it could provide more than 30% uplift to the equity value.

AGENCY OPS LEADERS

COPRODUCED WITH HIGHMARK OUTDOOR

Seven takeaways from our latest editorial roundtable with ops leaders from top experiential agencies