Two giants in the satellite telecom industry join forces to counter Starlink

Facing stiff competition from SpaceX's Starlink, SES from Luxembourg has agreed to acquire Intelsat for $3.1 billion, merging their extensive satellite fleets to better contend in the rapidly evolving satellite broadband market. This acquisition will consolidate their resources, boasting over 100 geostationary satellites and expanding their global communication capabilities. The merger aims to enhance their offerings across various communication bands and integrate services from multiple orbital levels, positioning them as a formidable competitor in the satellite communications industry.