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International Business Times
International Business Times
Business
Kilian FICHOU

HISTORICAL FACTS: European satellite giant ses to buy us rival intelsat | History Defined

Intelsat SES Elon Musk United States Starlink Internet Amazon Earth Eutelsat
SES and Intelsat are facing growing competition from firms providing services from low Earth orbits, like Elon Musk's Starlink (Credit: AFP)

European satellite group SES will acquire US rival Intelsat for $3.1 billion, the companies said Tuesday, seeking to compete in a race for space-based internet service led by Elon Musk's Starlink.

The merger, which follows year-long talks, comes as Musk already has a constellation of internet satellites while Amazon has launched its own tests.

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