SES is set to acquire Intelsat for $3.1 billion in a deal expected to reshape the European satellite internet landscape. This merger would establish Europe’s second-largest satellite internet provider, crucial as concerns about reliance on Starlink grow. European leaders are worried over the implications of depending on a single, privately owned network, especially given geopolitical tensions. The new company would have a substantial fleet of satellites that could provide diverse services, positioning Europe more competitively in the satellite communications arena, yet it still faces significant challenges from Starlink's capabilities.
SES's acquisition of Intelsat is a significant move aimed at creating a robust European competitor to Starlink, especially amid rising concerns over tech sovereignty.
The proposed merger aims to reshape Europe’s satellite internet industry, with SES and Intelsat together boasting over 100 satellites, thereby enhancing service diversity.
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