SES to Acquire Intelsat in Strategic Transaction to Enhance Satellite Communications Capabilities

SES S.A. is set to acquire Intelsat S.A. through a $3.1 billion transaction that is expected to be finalized in the second half of 2025, pending regulatory approval. This move will leverage a synergy potential valued at €2.4 billion, aligning strategically with SES's focus on enhancing its multi-orbit satellite operations and overall market presence.

The deal will integrate Intelsat’s expansive capabilities and SES’s multi-orbit satellite technology, aiming to generate approximately 60% of its revenue from rapidly growing network segments. By combining resources, including a workforce enriched with comprehensive industry expertise, the companies expect to foster robust growth in customer offerings and innovative solutions tailored to the dynamic demands of government and commercial customers.

The financial contours of the acquisition reveal a sharp focus on operational synergies, with substantial cash flow enhancements expected to fuel future expansions and technological advancements. The combined entity will operate under a globally converged infrastructure, poised to deliver exceptional value to stakeholders and an enriched service portfolio to a diverse client base.