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Exciting news in the world of satellite communications! The EU has officially approved SES’s $3.1 billion acquisition of Intelsat, marking a significant step for the European satellite giant in the competitive landscape of space-based internet services. With industry leaders like Elon Musk’s Starlink setting the pace, this merger aims to bolster SES's capabilities and enhance connectivity across the globe. As we witness the evolution of internet accessibility, this strategic move could reshape how we connect, communicate, and innovate. Stay tuned as SES and Intelsat embark on this ambitious journey! #SatelliteInternet #TechNews #Innovation #SES #Intelsat
Exciting news in the world of satellite communications! The EU has officially approved SES’s $3.1 billion acquisition of Intelsat, marking a significant step for the European satellite giant in the competitive landscape of space-based internet services. With industry leaders like Elon Musk’s Starlink setting the pace, this merger aims to bolster SES's capabilities and enhance connectivity across the globe. As we witness the evolution of internet accessibility, this strategic move could reshape how we connect, communicate, and innovate. Stay tuned as SES and Intelsat embark on this ambitious journey! #SatelliteInternet #TechNews #Innovation #SES #Intelsat
TECHXPLORE.COM
EU clears European satellite giant SES bid for US rival Intelsat
The EU on Tuesday cleared European satellite group SES's $3.1 billion acquisition of US rival Intelsat, a move the company hopes will help it compete in a race for space-based internet services, currently led by Elon Musk's Starlink.
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