Published by Global Banking & Finance Review®
Posted on May 2, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleEU regulators will decide by June 10 on SES's 3.1 billion euro acquisition of Intelsat, potentially impacting satellite competition in Europe.
BRUSSELS (Reuters) -EU antitrust regulators will decide by June 10 whether to clear European satellite company SES's 3.1 billion euro acquisition of Intelsat, according to a filing on the European Commission website.
SES, which operates a multi-orbit fleet of around 70 satellites providing services such as video broadcasting, government communications and broadband internet and is seen as an alternative to SpaceX's Starlink, sought EU approval for the deal on April 29.
The EU competition enforcer can clear the deal with or without remedies after the end of its preliminary review or it can open a full-scale four-month long investigation if it has serious concerns.
The deal by the Luxembourg-based satellite operator would create a major European player to better compete with Elon Musk's SpaceX-owned Starlink, and Amazon's Project Kuiper.
(Reporting by Foo Yun Chee; Editing by Kirsten Donovan)
The main topic is the EU's decision on SES's acquisition of Intelsat, a significant satellite industry merger.
The deal could create a major European satellite player to compete with SpaceX's Starlink and Amazon's Project Kuiper.
The EU can clear the deal with or without conditions or launch a full investigation if there are serious concerns.
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