Lynk Global, which is building a satellite-based service targeting cellular users, has abandoned its proposed merger with SLAM Corp, the ‘special purpose acquisition company’ (SPAC), which was working to mounting an IPO for the joint venture. The JV suffered a series of legal actions between the pair. The Slam business is headed by former baseball […]

Weather permitting, SpaceX will launch two O3b mPOWER satellites today (July 21st) for SES. The Boeing-built satellites are number 9 and 10 in the mPOWER fleet. SpaceX is using a ‘flight proven’ booster stage which will be the sixth flight for the rocket. The O3b satellites are high-throughput and very adaptable craft which feature Boeing’s […]

SES has announced the completion of its acquisition of Intelsat, creating a strengthened global satellite operator with an expanded fleet of 120 satellites across two orbits. SES says the newly combined company will “leverage its skilled teams with deep vertical expertise to deliver integrated multi-orbit, multi-band satellite and connectivity solutions to businesses and governments around […]

SES has confirmed that it has received all the necessary legal and commercial permits to needed to complete its acquisition of Intelsat. SES says it plans to close the $3.1 billion (€2.65bn) transaction on or around July 17th. The two companies are holding meetings this week to finalise the financial transaction. The consolidation exercise will […]

July 11th saw the clearest indication that the long wait for SES to receive its permissions to acquire rival Intelsat is coming to an end, with the Federal Communications Commission (FCC) giving its approval to the transfer “of the control of licenses from Intelsat to SES”. This, in effect, ends the FCC’s oversight of the […]

The acquisition of Intelsat by SES has been cleared by Federal law enforcement officials. However, this clearance does not yet apply to the Federal Communications Commission (FCC). The clearance comes from Team Telecom – which comprises officials from the Departments of Defence, Justice and Homeland Security, plus other US agencies. The decision comes with some […]

MBS, a service integrator and managed gateway operator, has announced an agreement with SES to acquire a part of its media services in Germany and the UK. Rebranded as ‘full season’, the new business will offer content management, playout, IP, VoD Delivery and OTT distribution services, expanding the MBS value chain to further establish it […]

Boeing has delivered two O3b mPOWER satellites to SES. The pair will be the ninth and tenth members of the O3b mPOWER fleet. The satellites, which feature Boeing’s fully software-defined payload technology to actively allot power to meet user needs, are now en route to Kennedy Space Center, Florida. for a planned launch this summer. […]

Analysts at investment bank Berenberg have reinstated coverage of satellite operator SES in a timely fashion and assuming a successful acquisition of Intelsat. Berenberg says it expects SES to extend its competitive advantage once it closes its acquisition of Intelsat later this year. Berenberg also believes SES will benefit from a rapidly changing geopolitical landscape […]

Lynk Global is a would-be global operator of a satellite-based ‘direct-to-mobile’ phone operation. Slam Corp, founded by former MLB star Alex Rodriguez, signed a merger agreement with Lynk in February 2024. That merger is now the subject of a formal complaint from Slam which argues that Lynk has failed to complete the merger. Consequently, Slam […]