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Two Luxembourg-based Satellite Rivals SES and Intelsat Confirm Possibility of Merger to Take on Musk’s SpaceX

If the transaction goes through, SES and Intelsat will form a single company valued at about $10 billion including debt. In a statement to shareholders, SES SA (LuxSE: SESG), a Luxembourgish satellite telecommunications network provider, noted that it is in advanced merger talks with Intelsat S.A, a multinational satellite

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