The merger discussions between the world’s two largest satellite operators, SES and Intelsat, are over. Intelsat said a deal, valued at a potential $10 billion (€9.1bn), is now off the table. SES announced June 22nd that discussions regarding a possible combination with Intelsat have ceased. On March 29th, SES had confirmed that the company had […]
Satellite and terrestrial networks operator Intelsat has ordered its second Mission Extension Pod (MEP) from Northrop Grumman Corporation’s SpaceLogistics, which will add life to an Intelsat satellite, providing uninterrupted services to many customers. The new contract represents the fourth deal with SpaceLogistics, following an order for a single MEP in April 2023 and two Mission […]
Satellite operator and Inflight Connectivity (IFC) provider Intelsat has reached an agreement with long-time customer Japan Airlines (JAL) to upgrade some 50 Boeing 737s and 767s to the company’s 2Ku inflight connectivity solution. “We value the trust that JAL has placed in Intelsat throughout our 10-year relationship,” stated Dave Bijur, senior vice president of Commercial […]
The Intelsat Class Action into alleged insider trading, which had earlier been dismissed by a District Court judge on April 26th, has seen an appeal lodged. The case revolves around alleged insider trading over the sale of Intelsat shares by certain shareholders including the then chairman Dave McGlade. The sale allegedly took place ahead of […]
Azercosmos and satellite operator Intelsat have signed a commercial agreement on the joint implementation of long-term projects in the West African region. According to the agreement, Intelsat will provide Cellular Backhaul (CBH) services to its customers in the West African region, which has 17 countries and a population of more than 430 million, by using […]
Babeleye, the specialists in TV & entertainment metadata for video platforms, has announced that satellie operato Intelsat is using Babeleye’s rich metadata to power VideoNow in Africa. VideoNow by Intelsat, in conjunction with EasyBroadcast, is a service for viewers looking for free-to-air (FTA) content on DTH platforms. Through VideoNow, viewers are able to find and […]
Satellite operators Hispasat and Intelsat have reached an agreement to expand and extend the agreement reached in 2019 to lease the capacity on Hispasat’s latest satellite, Amazonas Nexus. Specifically, this new partnership includes long-term leasing of the entire satellite capacity available over the United States and Brazil, as well as a significant part of the […]
SES has reported a “solid” set of numbers with revenue of €490 million (+9.6 per cent YOY) including contribution from DRS Global Enterprise Solutions and a stronger US dollar. SES says it signed €90 million in new business for its Mobility division, and €110 million in either renewals or new business in Video. But Video […]
Sami Kassab, an analyst with investment bank Exane/BNPP, in a flash note to clients says he expects SES to reaffirm its financial guidance for 2023 and also to “provide an update on merger talks with Intelsat”. SES will deliver its Q1 2023 numbers on May 4th. Kassab reminded clients that SpaceX successfully launched two important […]
Judge Jeffrey White of the US District Court in California’s Northern District has ruled his decision in the long-running Class Action alleging insider trading over the sale of Intelsat shares by certain shareholders including the then chairman Dave McGlade. The judge, on April 26th, dismissed various last-minute motions from the Lead Plaintiff and entered judgement […]