The financial performance of the sector has also been strained. Losses from satellite insurance exceeded premiums in several ...

As space junk increases, more operators are choosing to launch without any insurance at all. To compensate, companies are ...

Satellite operator SES has raised two €500 million bonds. SES, as is usual in these cases, says it shall apply the net proceeds of the Notes towards its general corporate purposes, including, without ...

Following Intelsat shareholder approval last week, and the UK competition authority’s recent green light, the European Commission has now given final approval for the SES acquisition of Intelsat. SES ...

Business EU unconditionally clears SES's $3.1 billion bid for Intelsat FILE PHOTO: Satellite model is placed on Intelsat logo in this picture illustration taken April 4, 2022.

SES will acquire 100% of the equity in Intelsat Holdings S.a.r.l. for €2.8 billion. The transaction is projected to generate €2.4 billion in synergies, with 70% expected to be realised three ...

On Tuesday, the European Commission unconditionally approved the proposed $3.1 billion acquisition of Intelsat by SES. The decision confirms an earlier report that the merger would proceed without ...

BRUSSELS, June 10 (Xinhua) -- The European Commission on Tuesday unconditionally approved satellite operator SES's 3.1-billion-dollar bid to acquire Intelsat, a deal expected to strengthen Europe ...

Intelsat has been selected by Royal Brunei Airlines (RB) to provide multi-orbit inflight connectivity service to the airline’s Airbus A320neo fleet. “Royal Brunei’s passengers will soon benefit from ...

The EU on Tuesday cleared European satellite group SES's $3.1 billion acquisition of US rival Intelsat, a move the company hopes will help it compete in a race for space-based internet services, ...