HAVING JUST CLOSED a sale and merger worth $3.1bn, Intelsat’s constellation is now part of a 126-strong satellite network.

The deal sees satellite communications provider SES integrate Intelsat’s hardware as it executes a plan to grow its multi-orbit operations. Unconditionally approved by the European Commission in June 2025, both companies say the acquisition helps them to remain competitive with emerging low Earth orbit (LEO) satellite operators.

The new combined company continues to be based in Luxembourg - where SES was founded in 1985 - with “significant” presence maintained in the US, especially in the greater Washington, D.C. area.

The integrated network includes approximately 90 GEO satellites, nearly 30 MEO satellites, strategic access to LEO satellites and an extensive ground network. This means SES can deliver connectivity solutions utilising spectrum bands including C-, Ku-, Ka-, Military Ka-, X-band and Ultra High Frequency.

Adel Al-Saleh, CEO of SES, said: “We’re not just merging two companies - we’re creating a stronger company, built for the future. I want to extend a warm welcome to all new employees, customers, and partners. In this new chapter, we are bringing together a powerful mix of talented people, network infrastructure, spectrum, innovation and global relationships that will allow us to deliver next-generation connectivity and space-enabled services in smarter and quicker ways.”

David Wajsgras, CEO of Intelsat, added: “By combining our financial strength and world-class team with that of SES, we create a more competitive, growth-oriented solutions provider in an industry going through disruptive change.”

By integrating the two organisations, SES expects to deliver savings of €2.4bn, representing an annual run rate of approximately €370m, with 70% of these efficiencies anticipated to be executed within three years after closing.

The transaction also establishes a more robust financial foundation for SES, it said. A pro forma combined revenue of €3.7bn is projected to grow at a low-to-mid-single digit CAGR through 2028. There are also plans to generate over €1bn in cash flow by 2027-2028, backed by a combined contract backlog exceeding €8bn.

Al-Saleh said: “Our focus is clear: to grow, to lead in high-potential markets and to shape the future of our industry. This is a long-term play, and we are building with the future in mind — growing year after year, expanding our capabilities and creating lasting value for our customers and shareholders alike.”