Intelsat and SES end negotiations to merge
In a very short press release, the Luxembourg-based satellite company SES today announced that it has broken off negotiations to merge with the satellite company Intelsat. The full text:
SES announces today that discussions regarding a possible combination with Intelsat have ceased. On 29 March 2023, SES had confirmed that the company engaged in discussions with Intelsat and that there could be no certainty that a transaction would materialise.
It appears the two companies could not settle differences on a number of points, and according to this article Intelsat decided to end negotiations yesterday.
There has been a trend among the established satellite companies to consolidate and merge, faced with the stiff competition from the new satellite constellations of Starlink and OneWeb. It is very possible that both of these companies will either revisit the idea of this merger, or begin negotiations with other established satellite companies.
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In a very short press release, the Luxembourg-based satellite company SES today announced that it has broken off negotiations to merge with the satellite company Intelsat. The full text:
SES announces today that discussions regarding a possible combination with Intelsat have ceased. On 29 March 2023, SES had confirmed that the company engaged in discussions with Intelsat and that there could be no certainty that a transaction would materialise.
It appears the two companies could not settle differences on a number of points, and according to this article Intelsat decided to end negotiations yesterday.
There has been a trend among the established satellite companies to consolidate and merge, faced with the stiff competition from the new satellite constellations of Starlink and OneWeb. It is very possible that both of these companies will either revisit the idea of this merger, or begin negotiations with other established satellite companies.
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
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